SMARTRAC N.V. / Key word(s): Miscellaneous 29.11.2011 17:18 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Amsterdam, November 29, 2011 - SMARTRAC N.V., a leading developer, manufacturer, and supplier of RFID transponders, announced that the company expects to restart production in Thailand in the course of December 2011 already. The earlier than expected restart date is a result of the positive progress of the draining activities in the Hi-Tech Industrial Estate conducted by the local authorities. Currently, the water level in the industry park has dropped to a height of approximately 30 centimeters which makes it open to traffic by car and truck. The water level in SMARTRAC's production facilities has also lowered to some centimeters height and the company has started clean-up operation in the ground floors of its factories. Based on these positive developments, SMARTRAC expects to be able to produce RFID transponders in Thailand already from December 2011 onwards. About SMARTRAC: SMARTRAC is a leading developer, manufacturer, and supplier of RFID components for a broad range of applications in all current frequency standards. The company produces both ready-made and customized transponders for public transport, access control, RFID-based car immobilizers, animal identification, libraries, industry, and logistics. SMARTRAC is the global market leader in high-quality RFID inlays for electronic passports (e-passports) and contactless credit cards (e-payment) as well as for RFID transponders for public transportation applications. SMARTRAC was founded in 2000, went public in July 2006, and trades as a stock corporation under Dutch law with its registered headquarters in Amsterdam. The company currently employs some 3,300 employees and maintains a global research and development, production, and sales network. Forward-looking statements: To the extent that this ad hoc release contains forward-looking statements, such statements are based on assumptions, planning, and forecasts at the time of publication of this ad hoc release. Forward-looking statements always involve uncertainties. Business and economic risks and developments, the conduct of competitors, political decisions, and other factors may cause the actual results to be materially different from the assumptions, planning, and forecasts at the time of publication of this ad hoc release. Therefore, SMARTRAC N.V. does not assume any responsibility relating to forward-looking statements contained in this ad hoc release. Furthermore, SMARTRAC N.V. does not assume any obligation to update the forward-looking statements contained in this ad hoc release. If you have any questions, please contact: Tanja Moehler Head of Corporate Communications SMARTRAC N.V. Phone: +31 20 30 50 157 Email: tanja.moehler@smartrac-group.com Internet: www.smartrac-group.com 29.11.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: SMARTRAC N.V. Strawinskylaan 851 1077 XX Amsterdam Netherlands Phone: +31 20 30 50 157 Fax: +31 20 30 50 155 E-mail: investor.relations@smartrac-group.com Internet: www.smartrac-group.com ISIN: NL0000186633 WKN: A0JEHN Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Update on Situation at SMARTRAC Production Facilities in Thailand
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