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KSW Microtec Appoints New CFO

Tuesday, March 31, 2009

DRESDEN, GERMANY — KSW Microtec AG, one of the world’s leading suppliers of RFID components, has appointed Dr. Heiko Färber as new Chief Financial Officer (CFO), to play an influential role in driving the company’s ongoing growth trends.

Dr. Heiko Färber, who holds a doctorate in business economics and has an impressive track record in the financial field, will be in charge of KSW Microtec’s financial division, as well as controlling the company’s IT, legal and human resources departments.

The primary goals of KSW’s highly motivated and innovative team are to develop the company’s RFID business across a variety of industry sectors, including Asset Tracking, Access Control & High Security, ePayment and eTicketing. With this in mind, Dr. Heiko Färber will be enhancing KSW Microtec’s expertise by coordinating the hiring of key personnel hires to help attain these goals.

“We are privileged to have such a competent colleague, as Dr. Heiko Färber on board,” said Thomas Hitzer, CEO of KSW Microtec. “With significant goals set for the company for 2009, Dr. Färber’s knowledge and commitment is crucial to achieving them.”

Dr. Heiko Färber joins the company with more than 10 years experience in financial control, having held CFO roles at car rental giant Budget and technology innovator QSIL, as well as a senior partnership in a cooperate finance and investment company.

“I am delighted to join the KSW Microtec team and look forward to putting my experience to good use in this fast developing business. KSW Microtec sets new standards in the RFID industry, an example of which is the KSW prelaminate, Thinlam®. This prelaminate is the ideal solution for contactless card manufacturers - and in personal identification applications, where security, performance and design are important.” said Dr. Heiko Färber.

Thinlam® is the latest in a series of new products launched by KSW Microtec, confirming the company’s position as a dynamic innovator and standards-setter in the RFID industry.

The new KSW Thinlam®, with a thickness down to 280µm, enables manufacturers to produce HF and UHF RFID cards with more layers, broadening the possibilities to integrate more security and other high value features into cards. Thinlam® can be manufactured on PVC, Polycarbonate, PET or Teslin® and can also be used for transparent RFID cards thanks to its excellent optical characteristics.

 

About KSW
KSW Microtec AG, with its headquarters in Germany, is the world’s leading supplier of RFID (Radio Frequency Identification) components for applications such as Asset Tracking, AccessControl & HighSecurity, ePayment and eTicketing. KSW combines successful high-end wafer processing, extremely efficient assembly technology and far-reaching expertise in design. KSW has earned itself a leading position on the market as one of the most efficient, and simultaneously most flexible, producers of RFID components. The globally active company was founded in 1994 and has clean room production facilities in Germany. KSW is an investment holding of the listed venture capital company Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG headquartered in Jena. For more information see: www.ksw-microtec.de

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