Toye
Corporation.........
Card
Access •
Parking Management • Elevator Control • Building Security • Automatic
Vehicle Identification
After
40 Years, It Was Time To Go Sailing
Here's The Toye Corporation Story
As I became more and more aware of the quickly developing shift from paper to plastic data input cards for industrial computer systems, I had an opportunity to purchase the assets of a plastic card company that had been out of business for several years. My new business began on Monday, October 22, 1962 when the Los Angeles Chamber of Commerce hosted a special event meant to connect high level corporate executives with fledgeling 'wannabe' entrepreneurs seeking solutions to their unique problems. So I showed up. Indeed, the most prestigious companies were there. I walked up to a table with a gentleman sitting behind a name plaque that read Daniel J. Houghton, President, Lockheed Aircraft Corporation. Why not? I grew up in the The manufacturer
of the shop terminals was RCA, and they were so relieved that they agreed
to pay all the costs to develop the card including the cost to build
a machine that would punch tiny holes in the plastic cards containing the
Binary Coded Decimal code unique to each employee. After a month
of testing, we received an order for 30,000 cards, one for each employee.
That resulted in the business of every other RCA data terminal customer,
and then the business of IBM that entered the market to compete with RCA,
but with an entirely different encoding method. This early windfall led
to the subsequent development of our own electronic card reader with hidden
code that could be used for entry control security as well. That product
became the backbone of the Toye Corporation product line that still exists
today.
In 1974,
we developed and patented the industry's first non-magnetic digital security
access card and a solid state electronic card reader which was ranked #1
for security by the Nuclear Regulatory Commission. That led to Toye system
installations at numerous nuclear power plants across the country. Even
the FBI installed
a system at its headquarters.
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