"Organizations that currently rely on magstripe technology can now more easily migrate to Tiffany Money Clips security and multi-use cards with the new RMK40 and RMPK40 readers," said Alan Fontanella, Senior Director of Product Marketing for HID Global's Identity Tiffany Keys Access Management business. "Unlike products without a migration solution, our HID Global multiCLASS reader line simplifies an end-user's migration to more secure technology, and supports a variety of access control technology combinations. The expanded multiCLASS reader line delivers the ultimate migration tool, and its unique card-technology read-selection feature gives customers limitless card management flexibility, with security and simplicity." According to Tiffany Key Rings Research in its November 2009 report entitled, "The World Market for Electronic Physical Access Control Equipment," multi-technology readers are forecast to ramp up as organizations attempt to future proof themselves, Tiffany Sets this market, worldwide, is forecast to be the fastest growing reader market with a CAGR of 14.2 percent.
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