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 On 26 June 2012, VingCard Elsafe is expected to 
			  introduce an entirely new locking concept, designed to solve a 
			  variety of hotel security system challenges, including those 
			  involving design, installation and maintenance. The new 
			  minimalistic electronic lock concept will make its worldwide debut 
			  to the hospitality industry during HITEC 2012, which will take 
			  place 25-28 June 2012 at the Baltimore Convention Center. “With the development of our newest electronic lock 
			  concept, we believe that we have now achieved the maximum expression of minimalistic design,” said Tim Shea, president of 
			  Assa Abloy Hospitality. “Our goal was to make many of the 
			  challenges that face hoteliers today simply disappear - challenges 
			  such as aesthetic design, technology integration, electronic lock 
			  installation, and system maintenance issues. Our new lock will 
			  make all those challenges “vanish”, and we look forward to 
			  formally introducing it to the hotel industry next week!” This latest product introduction continues a long 
			  tradition of innovation that began in 1979, when VingCard 
			  introduced one of the world’s first recodable locks, and Elsafe the electronic in-room safe. Since that time, the company has remained 
			  an industry leader, developing a series of firsts, such as the 
			  introduction of the Signature Series in 2005, which set a trend in minimalistic electronic locks with the flexibility to adapt to 
			  different hotel styles. The company has also been quick to adopt contactless RFID 
			  (Radio Frequency Identification) and wireless RF-online 
			  technologies.
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