TagMaster AB is an application driven technology company. It designs, develops and markets sensor systems and solutions based on radio and vision technology. It operates through the following business segments: Traffic Solutions and Rail Solutions. The Traffic Solutions segment works within parking and access control, electronic pay roads and fleet management, and industrial radio-frequency identification. The Rail Solutions segment works on extended business model which includes engineering, product, and support. The company was founded in 1994 and is headquartered in Kista, Sweden.