The world's first public transport secured ticketing system using covert security technology will be launched at Gulf Traffic, the Middle East's vertical conference and exhibition (Confex) being held in Dubai this October.
"Counterfeit ticket usage is a serious problem for most public transportation companies operating in the world's major metropolitan cities," said Davyd Farrell, exhibition manager at IIR Exhibitions and Conferences, organizers of Gulf Traffic.
Securfare, a system using an intelligent electromagnetic strip to distinguish between genuine tickets and fake ones, will be launched into the Middle East by Istanbul-based intelligent transportation systems (I.T.S.) specialist, Isbak Inc.
"Public transportation revenues at the Public Transportation Company of the Istanbul Metropolitan Municipality (IETT) increased by about 23 percent monthly average after Securfare's implementation," said Derya Demir, Isbak Inc. general manager.
Isbak has also signed a platinum sponsorship deal with Gulf Traffic. The Turkish company will be among 100 regional and international transportation specialists to showcase their products and services at the three-day event, to be held at Dubai's Crowne Plaza Hotel between October 26-28, 2002. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
