TagMaster, Richor and FTRD sign LoI

TagMaster, together with its Chinese distributor Richor and FTRD, a technology supplier to the rail industry in China, have signed a Letter of Intent (LoI) which covers the joint development of an RFID system for use on mainline railways in China. The RFID system will form part of a new onboard warning system which will be used to improve train safety when passing temporary speed limits and work sections along the line.
April 25, 2012
RSS177 TagMaster, together with its Chinese distributor Richor and FTRD, a technology supplier to the rail industry in China, have signed a Letter of Intent (LoI) which covers the joint development of an RFID system for use on mainline railways in China. The RFID system will form part of a new onboard warning system which will be used to improve train safety when passing temporary speed limits and work sections along the line.

The LoI defines how TagMaster, Richor and FTRD will jointly invest in the development of specific components which form part of the RFID system to be used for the onboard warning system. The hardware supplied by TagMaster will include these new parts as well as heavy-duty RFID teaders and HD tags.

The onboard warning system first underwent performance testing on a locomotive in China in 2010. Based on the success of these tests, a full scale trial has been approved by the Ministry of Rail in China. This trial will involve a fleet of locomotives being fitted with the new warning system during the second half of 2011. TagMaster expects equipment orders for the trial to be in place over the coming months.
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