SMARTRAC N.V.

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Publicatie datum 14 okt 2011 - 15:15

Statutaire naam SMARTRAC N.V.

Titel High-Water Reaches SMARTRAC Production Facilities in Thailand

Bericht Amsterdam, October 14, 2011 – SMARTRAC N.V., a leading developer, manufacturer, and supplier of RFID transponders, announced that despite the preventive measures which had been taken over the last days to protect the production location against the current high-water in Thailand, water streamed into the production facilities in the Hi-Tech Industrial Estate in Ayutthaya in the course of last night. The water ingress is the result of a breach in one of the dikes which were established around the industrial park. In total, the water level at the company’s production facilities is lower than in the surrounding areas. Production equipment and facilities had been evacuated in the course of last week as part of the company’s contingency plans. Currently, the extent of damage cannot be forecast. SMARTRAC maintains insurance coverage for damages on buildings, machinery, and business interruption in Thailand. Forward-looking statements: To the extent that this press release contains forward-looking statements, such statements are based on assumptions, planning, and forecasts at the time of publication of this press release. Forward-looking statements always involve uncertainties. Business and economic risks and developments, the conduct of competitors, political decisions, and other factors may cause the actual results to be materially different from the assumptions, planning, and forecasts at the time of publication of this press release. Therefore, SMARTRAC N.V. does not assume any responsibility relating to forward-looking statements contained in this press release. Furthermore, SMARTRAC N.V. does not assume any obligation to update the forward-looking statements contained in this press release.

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201110140000000005_Ad hoc_ High-water Thailand_e_final.pdf (opens in a new window)

Datum laatste update: 01 september 2024