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racom.com Nasdaq, small cap not an otc/bb Accumulate,,dont go crazy because volume has dried up last 4 days !!! This both intermediary and hold situation .... IPO April 97 at 4 3/4 Been in smart card business for 8 years,, owned by RMTR who has spent 120 mill in the tech and owns the pattens,,, UCLA did a study of RCOM cards and concluded that RCOM is 10 x faster and 40 x accurate.. the card are being used by Bechtel for the Hong Kong AP project, City of LA mass transit, UCLA as well as host of other companies... go see the web site.. Their Smart Card is no contact ,, point and aim.. and widely used in Europe and Asia.. Now they have gone other way and are now doing license plus royalty ,, elephant model and expects to turn profit this year.. A deal with Fujitsu and five more big multinationals,, 3% up front fee plus .. plus and they have numerous contracts lined up as we speak .... Co expects USD 50 million for royalty just for 99... at 1.50 per share by 99,,, not counting their other business ...... please see their web site for more detail... RCOM is in same business as CYLK 56 x pe at 283 mill market cap... IDEX 180 x pe at 220 mill market cap .... SDTI 1.4 billion market cap with out a single earnings... SRM 965 mill market cap .. again no earningss RCOM has 13 million shares out and came IPO with 1.5 million shares.... All the R & D expenses are done with and now all they have to do is go out and sell.. [ Business | US Market | Industry | IPO | S&P | International | PRNews | BizWire | Finance Home ] -------------------------------------------------------------------------------- Monday February 2, 7:02 am Eastern Time Company Press Release Hitachi Licenses Ferroelectric Smart Card Technology from Racom and Ramtron DENVER--(BUSINESS WIRE)--Feb. 2, 1998--Racom Systems, Inc. (NASDAQ: RCOM - news) and Ramtron International Corporation (NASDAQ: RMTR - news) announced today an agreement granting Hitachi a worldwide, non-exclusive license to design, manufacture and sell smart card products based on Racom's contactless, ferroelectric smart card technology, and Ramtron's proprietary ferroelectric random access memory (''FRAM(R)'') technology. This agreement with Racom and Ramtron will help Hitachi strengthen its position as a major supplier of smart card solutions as the company expands into the emerging contactless smart card market. Worldwide smart card production is growing at over 35% per year and is expected to reach an annual output in excess of 3 billion cards by 2001. Hitachi is currently the leading supplier of smart card products to the cellular phone and banking industries. ''As a leading world-wide manufacturer of smart card products, Hitachi's decision to license Racom smart card technology as the basis for its expanding contactless smart card initiative is a major milestone for our young company,'' Richard Horton, president and CEO of Racom Systems, says. ''We look forward to a long and mutually beneficial relationship with Hitachi and to continuing our strategy of partnering with world-class companies of this caliber.'' ''FRAM technology has the unequaled attribute of reducing the complexity and cost of current smart cards while simultaneously increasing performance, reducing power and improving reliability'', said L. David Sikes, Ramtron's chairman and CEO. ''Hitachi's established leadership in smart card products provides an ideal avenue to expand FRAM memory's presence in electronic commerce.'' Open, interoperable software standards, such as MULTOS(R), which is supported by Mondex International, LTD, a 51%-owned subsidiary of MasterCard, and Java(tm) Card, which is supported by Sun Microsystems, could also benefit from the use of FRAM technology. By replacing the mix of dissimilar memory technologies used in today's smart cards, FRAM technology removes the unnatural, fixed partitions and performance limitations that bind users to proprietary combinations of smart card hardware and software. ''With MULTOS, our goal is to enable smart card issuers and users to freely choose their own applications, irrespective of proprietary hardware'', said Noel Stephens, Head of Technical Development of Mondex International, LTD. ''The integration of FRAM technology with smart card microprocessors is an important development that reinforces a wider commitment to this principle.'' FRAM technology provides a virtual memory architecture in hardware. ''Java Card could benefit greatly from this feature'', said Patrice Peyret, Director of Consumer Transactions of JavaSoft, a division of Sun Microsystems, Inc. ''Combined with Java Card's virtual machine, FRAM technology could well lead the way to a new generation of advanced smart card solutions.'' The majority of smart cards today use a combination of complex memory technologies, including ROM, SRAM, and EEPROM to store data. These technologies support applications such as banking and retail, where users insert a smart card into a terminal and typically wait tens of seconds for completion of a transaction. Card users and service providers, however, would also like to leverage smart cards in services such as public transportation, entertainment and access control where transactions must be executed in fractions of a second without card insertion. In order to support multiple applications, smart cards must provide both contact and contactless operation. In addition, smart card microprocessors must offer zero-wait state performance and unlimited data retention to meet the processing demands of smart card interpretive languages and applet-based operating systems as well as compute-intensive authentication and encryption schemes. FRAM technology provides an ideal solution for addressing these requirements. FRAMs are as fast as SRAM, yet potentially as dense as DRAM. When compared to EEPROM, FRAM is up to 20,000 times faster, consumes as little as 1 millionth the power and provides up to 10,000 times the endurance on write cycles in addition to storing data for ten years or more without power. Company Backgrounds: Racom Systems, Inc., headquartered in Denver, Colorado, develops and delivers smart card-based systems that automate transactions for electronic commerce, information technology and industrial automation. Whether at home, work or play, Racom's systems help put people in charge of their lives with solutions that provide secure, convenient and personalized access to money, information, property, and services. For further information about Racom, its technology and products, contact Racom via email, at info@racom.com, at its Web address, racom.com, by telephone at (303) 771-2077, or by fax at (303) 771-4708. Ramtron is the leading developer of FRAM memory products -- new high-performance nonvolatile memories that merge the benefits of many mainstream memory technologies into a single device. Ramtron holds 110 international and U.S. patents covering its proprietary technologies and products, and has more than 97 additional patent applications filed. For more information about Ramtron and its products, contact: Communications Department, Ramtron International Corporation, 1850 Ramtron Drive, Colorado Springs, Colorado, USA, 80921. Telephone is 800-545-FRAM (3726); FAX is 719-481-9294; E-mail address is framinfo@ramtron.com. Homepage is ramtron.com. Investors Note: Investors should carefully consider the preceding information as well as other information contained in this press release before making an investment in the Common Stock. Information contained in this press release contains ''forward-looking statements'' which can be identified by the use of forward-looking terminology such as ''believes,'' ''expects,'' ''may,'' ''should'' or ''anticipates'' or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy. No assurance can be given that the future results covered by the forward-looking statements will be achieved. The preceding matters constitute cautionary statements identifying important factors with respect to such forward-looking statements, including certain risks and uncertainties that could cause actual results to vary materially from the future results covered in such forward-looking statements. Other factors could also cause actual results to vary materially from the future results covered in such forward-looking statements. ''FRAM'' is a registered trademark of Ramtron International Corporation. ''MULTOS'' is a registered trademark of Mondex International Limited. ''Java'' is a trademark of Sun Microsystems, Inc. in the United States and other countries. -------------------------------------------------------------------------------- Contact: Racom Systems, Inc., Greenwood Village, Colo. Oliver Gatchell Tel. (303) 771-2077 Fax (303) 771-4708 or Ramtron International Corp., Colorado Springs, Colo. Lee Brown Tel. (719) 481-7213 Fax: (719) 481-9294 -------------------------------------------------------------------------------- More Quotes and News: Racom Systems Inc (Nasdaq:RCOM - news) Ramtron International Corp (Nasdaq:RMTR - news) Related News Categories: banking, computer hardware, computers, internet, semiconductors -------------------------------------------------------------------------------- Help -------------------------------------------------------------------------------- Copyright c 1998 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form. See our Important Disclaimers and Legal Information. Questions or Comments? RACOM SYSTEMS INC Prices Available: 11/07/96 through 01/30/98 Ticker: RCOM Date Volume High/Ask Low/Bid Close -------- ---------- ---------- ---------- ---------- 03/14/97 444,800 4 1/8 0 3 1/2 03/21/97 567,300 3 1/2 2 1/2 2 13/16 03/27/97 275,600 3 3/8 2 5/8 2 5/8 04/04/97 158,800 2 7/8 2 1/2 2 3/4 04/11/97 195,300 3 1/4 2 5/8 3 3/16 04/18/97 124,700 3 1/4 2 7/8 2 7/8 04/25/97 61,600 3 1/16 2 11/16 2 3/4 05/09/97 112,200 3 2 9/16 3 05/16/97 137,100 3 1/16 2 7/8 3 05/23/97 156,600 3 3/8 3 3 3/8 05/30/97 67,400 3 9/16 3 1/8 3 1/4 06/06/97 103,800 3 7/16 2 7/8 3 06/13/97 126,100 3 2 7/16 2 5/8 06/20/97 137,700 2 1/2 2 1/16 2 1/8 06/27/97 223,000 2 1/4 1 5/8 1 3/4 07/04/97 32,900 2 1 5/8 2 07/11/97 32,900 2 1/16 1 7/8 2 1/16 07/18/97 45,500 2 1/16 1 13/16 1 7/8 07/25/97 82,700 1 15/16 1 9/16 1 5/8 08/08/97 85,700 1 7/8 1 9/16 1 3/4 08/15/97 76,300 1 7/8 1 3/4 1 3/4 08/22/97 345,800 2 1/2 1 9/16 2 5/16 08/29/97 214,900 2 5/8 2 2 3/16 09/05/97 103,000 2 3/8 2 2 09/12/97 106,900 2 1/2 1 15/16 2 5/16 09/19/97 238,800 2 7/8 2 5/16 2 13/16 09/26/97 218,400 2 15/16 2 3/4 2 3/4 10/03/97 114,500 2 7/8 2 3/8 2 5/8 10/10/97 64,600 2 7/8 2 11/16 2 3/4 10/17/97 202,000 3 2 3/4 2 7/8 10/24/97 142,800 2 7/8 2 3/4 2 3/4 10/31/97 117,500 2 3/4 2 1/16 2 1/16 11/07/97 92,700 2 1/2 2 1/8 2 3/16 11/14/97 71,400 2 5/16 1 3/4 2 1/16 11/21/97 53,300 2 1 7/8 2 11/28/97 19,000 1 15/16 1 3/4 1 15/16 12/05/97 87,700 1 7/8 1 1/4 1 1/4 12/12/97 61,600 1 1/2 1 1 1/8 12/19/97 120,000 1 1/4 1 1 3/16 12/26/97 69,000 1 1/2 1 3/16 1 7/16 01/02/98 115,100 1 5/8 1 7/16 1 1/2 01/09/98 44,200 1 3/4 1 9/16 1 9/16 01/16/98 20,800 1 3/4 1 9/16 1 9/16 01/23/98 31,800 1 9/16 1 7/16 1 9/16 01/30/98 24,600 1 9/16 1 1/2 1 9/16 Also as following news points out you will see Verifone - Hewlett Packard - RCOM connection ,,,,,,, Another rumour is a contract with aother large Japanese company... Jan. 12, 1998--Racom Systems, Inc. (NASDAQ:RCOM), a pioneer in the development of contactless smart cards, announced the appointment of John A. Hinds to its board of directors. Mr. Hinds, an executive vice president of VeriFone, Inc. until July 1996, replaces board member David Sikes, chairman and CEO of Ramtron International Corp., who is leaving to focus on the growing demand for Ramtron's specialty memory products. "Mr. Hinds brings an exceptional capability to Racom as we enter into a new phase of providing smart card solutions for Electronic Commerce," said Richard Horton, president and CEO of Racom. "His knowledge of point of sale products and markets, his leadership in the development and acceptance of ISO standards worldwide, and his extensive management experience reinforce our goal to become the leading supplier of contactless smart card solutions." While at VeriFone, Mr. Hinds was responsible for all field operations worldwide, including engineering, marketing, and sales for products in the U.S. and in more than 80 countries internationally. He joined VeriFone in March 1993 from AT&T, where he served as senior vice president, international, of the parent company and president of AT&T International. Prior to AT&T, Mr. Hinds spent 11 years with the General Electric company in a variety of management positions. Mr. Hinds was also president of the Geneva-based International Organization for Standardization for the 1992-1994 term. He serves on the boards of various domestic and international business, cultural, and educational organizations. Racom Systems, Inc., headquartered in Denver, Colorado, develops and delivers smart card-based systems that automate transactions for electronic commerce, information technology and industrial automation. Whether at home, work or play, Racom's systems put people in charge of their lives with solutions that provide secure, convenient and personalized access to money, information, property, and services. For further information about Racom, its technology and products, contact Racom at its Web address, racom.com, by telephone at 303/771-2077, or by fax at 303/771-4708. Investors should carefully consider the preceding information as well as other information contained in this press release before making an investment in the Common Stock. Information contained in this press release contains "forward-looking statements" which can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "should" or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy. No assurance can be given that the future results covered by the forward-looking statements will be achieved. The preceding matters constitute cautionary statements identifying important factors with respect to such forward-looking statements, including certain risks and uncertainties, that could cause actual results to vary materially from the future results covered in such forward-looking statements. Other factors could also cause actual results to vary materially from the future results covered in such forward-looking statements. KEYWORD: COLORADO BW1498 JAN 12,1998 Corporate Profile Racom Systems is a leading developer and marketer of contactless smart card systems used primarily in electronic commerce. Generally the size of a credit card, smart cards are used in a number of consumer applications including (i) access to restricted areas (replacing keys and identification cards), (ii) public transportation fare collection (replacing bus tokens, taxi cab charge cards, airline and railway tickets), (iii) point of sale purchases (replacing cash or credit cards at cafeterias, news stands and related point of sale locations where speed of purchase is important), and (iv) miscellaneous small monetary transactions (replacing coins and cash at parking lots, in vending machines, public telephones, and the like). Smart card technology is also used in industrial applications such as attaching a "tag" containing the smart card technology to a manufactured product in order to track the product from the assembly line through quality control, warehousing, inventory control, distribution and warranty. Racom's smart cards are "contactless" and therefore do not require the use of a magnetic stripe or insertion in a terminal as is required by contacted cards. Instead, Racom's smart card system involves direct wireless radio frequency communication between a ferroelectric random access memory ("FRAM") chip in the smart card and a terminal. Racom's FRAM chip does not require battery power and allows for processing the smart card transaction in a fraction of a second by waving the smart card near the terminal. Moreover, the smart card does not require insertion in the terminal or the use of a keypad and therefore may be used by all members of the population, regardless of age or physical health and in both indoor and outdoor locations. For consumers and goods and services providers, Racom's smart cards offer the convenience and accuracy of high speed contactless transaction processing without the requirement of carrying cash, checks or credit cards, thereby reducing the threat of theft, inventory shrinkage, and payment fraud resulting from the handling of cash or the counterfeiting of cash or credit cards. Goods and services providers do not have to risk loss resulting from (i) accepting cash or checks which may be subsequently stolen from them after payment by consumers or (ii) accepting credit cards which may have been stolen prior to such payment. Consumer loss is limited because the smart card is programmed to be used to purchase only specific goods or services which is not as attractive to a thief when compared to the broader illegal uses for stolen cash, checks or credit cards. The smart card is designed to complement credit cards rather than replace them in that smart card applications involve the storage and handling of substantially more data than credit cards and can therefore be used for other applications (rather than just purchase and sale transactions) such as electronic purses, identification of the user and other portable data functions. Racom sells its smart card systems through its own direct sales force through a combination of joint ventures and strategic alliances and through selective licensing and distributorship arrangements and agreements with independent sales representatives in foreign countries. Since 1993, Racom has designed smart card systems for over 100 customers in cities throughout the world including Singapore, Macau, Hong Kong, Tokyo, Manchester, Paris, Milan, Los Angeles, Chicago and Denver. Racom's smart card users have included the new Hong Kong International Airport, the Los Angeles Department of Transportation, the Lubbock International Airport, the Chicago Transit Authority and Yamatake Honeywell Limited (Japan). Racom's business strategy is to (i) expand 's smart card systems applications, (ii) grow revenues through strategic alliances, joint ventures and selective licensing, (iii) emphasize marketing of Racom's smart card products in North America, and (iv) continue to outsource manufacturing to control fixed costs. Company's executive offices are located at 6080 Greenwood Plaza Blvd., Greenwood Village, Colorado 80111, its telephone number is (303) 771-2077 and FAXes can be sent to (303) 771-4708. If you would like to reach us electronically contact Racom here. //////////////////////////////////////////////////////// - ///////////////////////////////////////////////////////////// the email is a written privacy between persons or person. 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