EDM Makes the Ticket to Ride
Electronic Data Magnetics moves toward RFID
When Richard Hallman and other former employees of National Electronic Computer Supplies, Inc. founded Electronic Data Magnetics, Inc. (EDM), High Point, NC, in 1983, the company initially specialized in manufacturing computer tabulating cards, punch cards that aided in data processing. Such cards were prevalent in transit at the time, so EDM, formerly Southeastern Data Media, Inc., provided the necessary technology for processing fares.
As the transit industry began the transition to magnetic stripe cards and tickets for fare collection, EDM shifted its practices accordingly. The new company quickly acquired the West Coast-based Amico Inc. and moved into the world of manufacturing magnetic stripe technology, still manufacturing custom magnetic stripe cards and tickets for the transit industry nearly 30 years later. (full article)
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