Racom Systems Inc., a leader in contactless smart card technology, said it has won a major contract from a bus system operator in Macao.

By yearend more than 300 buses run by Transmac Transportes Urbanos de Macau are to be equipped with a Racom card reader for rapid processing of monthly passes and fares. The initial contract phase is worth $250,000 to Racom, which said it expects to deliver more than 100,000 cards and several hundred readers.

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