TagMaster awarded development contract by one of the major signal system suppliers within Rail

Stockholm, Sweden, November 19, 2014

TagMaster, the leading producer of advanced RFID products for long range vehicle
identification in Traffic Solutions and Rail Solutions, has been awarded an NRE
project contract from one of the larger signal system supplier within rail.

This NRE (no recurring engineering) project is the first phase in a larger work
that can be extended with 2 more phases and potential product deliveries if the
client will be awarded the total project.

The initial contract covers the development phase of a new product prototype for
use on a re- signaling project address the expected increase in traffic over the
coming years.

“TagMaster is pleased being awarded this NRE project and this further
establishes us as one of the preferred partners within RFID solutions for
signaling system applications. This follows our strategy becoming a closer
partner with our client’s adding value already at the NRE phase and adding this
service as an additional revenue stream together with product sales and support
sales. “ said Jonas Svensson, CEO, TagMaster

About TagMaster

TagMaster is an application driven technology company that develops and markets
advanced radio frequency identification (RFID) products and systems for
demanding environments. Business areas include traffic Solutions and Rail
Solutions providing innovative applications in order to increase efficiency,
security, convenience and to decrease environmental impact. 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. For more information
about Tagmaster, please visit www.tagmaster.com

For more information, please contact;
Jonas Svensson, CEO
Telephone: +46 8 632 1969
E-mail: jonas.svensson@tagmaster.com