Press release, Stockholm, Sweden September 1, 2016 TagMaster, the leading supplier of advanced RFID products and ANPR cameras for vehicle identification and Rail solutions has, through its recently acquired daughter company Balogh SA, received an order for two tramway projects in China. Balogh is one of the real pioneers in the RFID technology and was founded in 1958. Balogh today has offices for development and production in Paris, in Toulouse and in Normandie and works within the three RFID segments Rail, Access/Security (Traffic) and Industrial automation. The order comprises products used for ATP (Automatic Train Protection), i. e. equipment used to avoid collision caused by excessive speed or missed signal information. The customer is a joint venture between one of the big European actors in signaling systems and their Chinese partner. These products are part of the Balogh standard assortment but as often are adapted (NRE) for different projects and different customers and the order shows that Balogh has a strong product family within among other Tramway applications. ”TagMaster has earlier expressed its enthusiasm for the Balogh acquisition and this order is a first sign that our ambition, to together with Balogh become a stronger supplier within Rail solutions, is justified. We together get a wider product offering and we could together become one of the leading actors in train signaling and we will be able to take on bigger and more projects” says Jonas Svensson, CEO, TagMaster. For further information please contact: Jonas Svensson, CEO, +46 8-6321950, jonas.svensson@tagmaster.com This information is information that TagMaster AB is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 08:30 CET on 1 sept 2016 About TagMaster TagMaster is an application driven technology company that designs and markets advanced identificationsystems and solutions based on radio & vision technology (RFID & ANPR) for demanding environments. Business areas include Traffic Solutions and Rail Solutions providing innovative mobility solutions, sold under the brands TagMaster, CitySync & Balogh, in order to increase efficiency, security, convenience and to decrease environmental impact within Smart Cities. TagMaster has dedicated agencies in the US and in China and exports mainly to Europe, Middle East, Asia and North America via a global network of partners, systems integrators and distributors. TagMaster was founded in 1994 and has its headquarters in Stockholm. TagMaster is a public company and its shares are traded on First North stock exchange in Stockholm, Sweden.TagMasters certified advisor is Remium Nordic AB. For more information about TagMaster, please visit www.tagmaster.com
TagMaster owned Balogh receives order from China Press
Top 10 Most Recent News Articles
Thai Wellness Shines at Global Summit in Phuket
The New Face of Luxury: Healing and Wellness Thailand's gearing up for a spotlight moment on the global stage, and they're flaunting their wellness card at the upcoming Global Wellness Summit (GWS) 2026 in Phuket. From November 10-13, the world's wellness bigwigs will descend on this tropical locale to experience firsthand what Thailand’s calling 'Healing is the New...
Continue Reading
Embraer ADS Ratio Change: Impact on Investors
ADS Ratio Adjustments: What's the Big Deal? Well, here we go. Embraer, that Brazilian aerospace heavyweight, has just kicked up some dust with its latest move concerning American Depositary Shares (ADS). Now, don't expect any shock and awe value-explosion gimmicks, but there's a shift in the air. Understanding the Split Let's cut to the financial meat: Embraer’s mucking...
Continue Reading
Service Pros Adds Windshield Repair to Lineup
Revving Up the Service Engine Alright, folks, buckle up because Service Pros Auto Glass, our local go-to for windshield replacements, is cranking up their game. They're stepping into the windshield repair arena across Florida and South Carolina, aiming to save you a buck and keep you safe behind the wheel. That's a double win if you ask me. A Closer Look at the Details...
Continue Reading
Stora Enso Charts Ambitious Path with Demerger Plan
Setting the Stage for Strategic Shifts Alright, folks, Stora Enso, that old behemoth of the paper and forest game, is at it again, shaking things up in a way only veterans of the industry can. They're no strangers to the cutthroat nature of this business, and it looks like they're ready to roll the dice for a new chapter. Amid an inflation-induced rollercoaster where...
Continue Reading
AppLovin Faces Class Action Amid Model Concerns
AppLovin's Day in the Hot Seat Look, it's not every day you see a tech darling like AppLovin take such a nosedive, but that's what's on the plate right now. The company is staring down a securities class action lawsuit. It’s a bumpy ride for folks who parked their cash in AppLovin between February and August 2026, expecting high-flying returns based on big promises of...
Continue Reading
Intersignal's Braid 2.1 Unchains AI from the Cloud
Memory Capsules: A Game Changer in AI Intersignal LLC is stirring the AI pot again with its latest reveal, Braid 2.1. Right out of Fort Lauderdale, this edge AI power player is unleashing Memory Capsules, aiming to do away with the pesky cloud dependency for good. Picture this: your local AI instances now have the chops to carry a lasting, queryable memory—seriously,...
Continue Reading
Royal Princess Docks New Features for Onboard Experience
Royal Princess Sets Sail Refreshed Ever imagine what goes on behind the scenes of a full-blown ship makeover? Well, the Royal Princess just strutted out of a two-week stint in the drydock like a queen in a new frock. This ain't just slapping a fresh coat of paint on the hull. We're talking the debut of the Sanctuary Collection, a whole new gamut of spots for guests to wet...
Continue Reading
Gooru AI Unveils Platform to Scale Human Expertise
A New Wave of AI-Powered Solutions Hot off the press, Gooru AI's recent shindig in the heart of Dallas aimed to showcase something they call 'Digital Goorus.' Now that might sound like a newage tech gimmick but peel back the layers and you find an ambitious attempt to let folks spread their smarts without having to be everywhere all at once. Imagine being able to crack...
Continue Reading
TDS and Array Set for Q3 Results Amid Market Curiosity
The Anticipation Builds for TDS and Array's Q3 Results Financial markets are buzzing like a caffeine-fueled trading floor about the upcoming third quarter results from Telephone and Data Systems, Inc. (NYSE: TDS) and its partner in digital endeavors, Array Digital Infrastructure, Inc. (NYSE: AD). Set to go live with their numbers on November 6, 2026, these companies are...
Continue Reading
Membrane Chromatography Market Surges with Biologics Boom
Another Chapter in Chromatography: What's New? It's like this: membrane chromatography is getting its day in the sun, and it's about time we dive into why it's happening. Projected to scale up from $0.37 billion in 2026 to a neat $0.63 billion by 2031, we’re talking a solid 11.3% compound annual growth rate. It's a tale of tech advancements and rising demand for...
Continue Reading
