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  Shanghai Mag-Tech is an enterprise under the supervision of the former Institute of East China Computation Technique Magnetic Record Research.It, supported by the former Ministry of Electronic Industry and the Headquarters of Industrial and Commercial Bank of China,is the first company in China specialized in the research, development and manufacture of magnetic stripe units.With a registered capital of RMB11 million, the company mainly carries out the development of IC magnetic card read-write equipment,magnetic record application systems and terminal equipment.
   For over a decade since its establishment,in order to keep up with the trend of computerization and networking of banking service,Shanghai Mag-Tech,with the support of China Torch Program and Shanghai Torch Program,has independently developed and manufactured successively a series of products,including bankbook magnetic stripe read-write unit,dual-track magnetic stripe read-write unit used by both bankbook and credit card, IC card application terminal, compatible magnetic card/ IC card application terminal, etc.The company has been one of the hi-tech enterprises of Shanghai since 1996.Its products have won various awards like the Third Prize Scientific and Technological Advance of Shanghai,the Second Prize of Excellent New Products of Shanghai,Municipal-level New Product Prize of Shanghai, Excellent Industry,University,Research Prize of Shanghai,and so on.
   In August 2000,the company had an assets reorganization.It has since given more input into development of new technology,human resources and capital.It has by itself developed and manufactured in a large scale the dual-track card units which adopt the technology of soft coding and soft decoding,triple-track card units with zero-track coding data anti-duplication function, combined IC card and dual-track magnetic card units,bank paper data processing equipment,peripheral equipment and software of computer,and so forth.The products of the Company are moving towards professional,diversified,and serialized orientations,with their scientific and technological elements enriched at a fast rate.
   To better serve our extensive customers and improve the management of product quality,the Company managed to gain ISO9001:2000 International Quality Management System certificate in 2002.Presently,the Company is of reliable product quality and advanced technology with an annual production capacity of 100,000 units.The Company has set up an After-sales Service Department, with maintenance stations established in Beijing, Guangxi,Shenzhen,Wuhan,Xi'an,Chengdu,Hefai,etc.,to provide timely technological support and product maintenance for our customers in relevant areas.
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