CAT 5.22% $1.09 catapult group international ltd

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    Cards etc (PDF file - 278KB)
    Walters formed Cards etc in 1995 to build the necessary platforms to support dozens of newapplications made possible by the smart card – the new technology that would replace the magneticstripe with a silicon chip. Walters knew that as the chip’s storage capacity grew, new card applicationswould arise to encompass ticketing, security, loyalty programs, medical information and more.That vision has since won the support of companies as diverse as Sun Microsystems, Visa International,
    First Data Corporation and Citigroup.While smart card developments were moving ahead swiftly in Europe and the Americas in themid-1990s, Walters drew upon two key advantages to give his Sydney company a leading positionin the field.
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