Company Name: ACS
Description: Advanced Card Systems is considered as the world’s largest provider of card readers. It is also known as the leader in its field in the Asia-Pacific region.
In 1995, Denny Wong established ACS in Hong Kong under the name Advanced Electronic Limited. The company is currently a member of the Hong Kong Stock Exchange under trading number 8210.
Advanced Card Systems designs, develops, and manufactures smart cards and smart card readers. The company aims to continue revitalizing the industry by providing versatile products used for a wide range of fields including health and national security. It also provides reading systems to the general public and corporations.
Many of the company’s products have applications in hospitals, offices, and homes. These products include fingerprint readers and door locks integrating the specialized system developed by ACS.
The managerial staff of Advanced Card Systems includes Executive Director and Chief Technical Officer Tan Keng Boon who joined the company in 1999. Alice Wong, already a company employee in 1998, is the present Vice President for Operations of ACS while Mr. Denny Wong is the company Chairman and Chief Executive Officer.
The company’s line of products includes smart card items like PC-linked with mass storage capability, door locks, operating systems, balance readers, readers with PIN pad, and fingerprint readers. Other products include readers requiring no contact, inventory control, and GSM tools.
The company also offers services to design and develop products that are custom-built for its consumers’ specific needs. This helps the company experience a robust economic life even during times of global economic crisis.
In 2006, ACS rendered its services to Belgium in developing national e-ID cards. Their smart card readers were used. In the same year also, ACS received the Year Award Product Innovation Award in Telecommunication.
In 2007, Advanced Card Systems was recognized as the top supplier of card readers in mainland China. The company has also been recognized for its managerial practices and competitive and sustainable strategies to sustain economic life. In the same year, ACS revenue reached $7.5 million.
This year, 2008, ACS achieved its biggest deal to date. The company became mainly responsible for securing events in the prestigious Beijing Olympics.
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