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News

New KSW Microtec CFO to oversee company growth

KSW Microtec : 27 March, 2009  (Company News)
Latest recruit at thin laminate company to be in charge of financial operations and IT
KSW Microtec, one of the world's leading suppliers of RFID components, has appointed Dr Heiko Faerber as new Chief Financial Officer (CFO), to play an influential role in driving the company's ongoing growth trends.

Dr Heiko Faerber, who holds a doctorate in business economics and has an impressive track record in the financial field, will be in charge of KSW Microtec's financial division, as well as controlling the company's IT, legal and human resources departments.

The primary goals of KSW's highly motivated and innovative team are to develop the company's RFID business across a variety of industry sectors, including Asset Tracking, Access Control & High Security, ePayment and eTicketing. With this in mind, Dr Heiko Faerber will be enhancing KSW Microtec's expertise by coordinating the hiring of key personnel to help attain these goals.

"We are privileged to have such a competent colleague, as Dr Heiko Faerber on board," said Thomas Hitzer, CEO of KSW Microtec. "With significant goals set for the company for 2009, Dr Faerber's knowledge and commitment is crucial to achieving them."

Dr Heiko Faerber joins the company with more than 10 years experience in financial control, having held CFO roles at car rental giant Budget and technology innovator QSIL, as well as a senior partnership in a cooperate finance and investment company.

"I am delighted to join the KSW Microtec team and look forward to putting my experience to good use in this fast developing business. KSW Microtec sets new standards in the RFID industry, an example of which is the KSW prelaminate, Thinlam. This prelaminate is the ideal solution for contactless card manufacturers - and in personal identification applications, where security, performance and design are important." Said Dr Heiko Faerber.

Thinlam is the latest in a series of new products launched by KSW Microtec, confirming the company's position as a dynamic innovator and standards-setter in the RFID industry.

The new KSW Thinlam, with a thickness down to 280µm, enables manufacturers to produce HF and UHF RFID cards with more layers, broadening the possibilities to integrate more security and other high value features into cards. Thinlam can be manufactured on PVC, Polycarbonate, PET or Teslin and can also be used for transparent RFID cards thanks to its excellent optical characteristics.
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