Aplitec - Commonwealth Recognition For Its South A
Aplitec - Commonwealth Recognition For Its South African Developed Smart Card
Technology
Net1 Applied Technology Holdings Limited
Press Release
Share Code: APL
ISIN Code : ZAE000024113
Net1 Applied Technology Holdings Limited ("Aplitec") is pleased to announce that
it has been selected as the exclusive provider of smart card based financial
delivery systems, to showcase its desire and ability to partner with
Commonwealth Governments, by means of a presentation in the Commonwealth Public
Administration Reform. This is an official Commonwealth Secretariat document,
published by The Stationery Office (TSO).
The TSO was formed from the privatisation of the commercial activities of Her
Majesty`s Stationery Office in 1996. The TSO has worked in partnership with the
Commonwealth Secretariat to identify, design and develop mission-critical
communications projects for Commonwealth member governments.
The Government and Institutional Development Division (GIDD) is a brand new
division of the Commonwealth Secretariat with a specific emphasis on public
sector reform. Commonwealth Public Administration Reform (CPAR) is the first
publication of GIDD and the Commonwealth, in which leading private sector
expertise has the opportunity to present `best practice` and `success stories`
to all levels of Commonwealth governments.
Economic reform and the development of a sound financial infrastructure are
fundamental prerequisites of a country`s ability to compete in a global economy.
While it is essential that Commonwealth governments have access to guidelines as
to how they should partner with the private sector, it is imperative that they
also have access to information on organisations that can assist and advise in
this critical area.
The publication will be distributed to all Ministers, Senior Civil Servants,
Departmental Heads and Directors of State owned Enterprises and will be the
operational blueprint with which the Commonwealth Member states can reform,
privatise and modernise their administrations.
"We are extremely proud to have been selected for this publication as the
exclusive provider of smart card solutions, as this provides Aplitec with a
unique opportunity to promote its technology throughout the fifty four (54)
Commonwealth Countries.
It also gives us direct access to the decision makers in each country, who share
our vision regarding the banking of all their citizens" says B Stewart, Head of
Marketing & Sales for the Aplitec Group.
S Belamant, Aplitec`s Chief Executive Officer commented that "this recognition
will, in my view, provide another pillar to Aplitec`s strategy to create a world
wide affordable and inter-operable payment system for all developing countries."
Date: 18/11/2002 03:23:00 PM Produced by the JSE SENS Department
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