Transmitted by CNW Group on : April 15, 2008 08:28
Sirit Readers and Reva TAP Appliances Deployed at METRO Group's Expanded RFID Roll-Out
Additional 200 Real hypermarket stores to be equipped with RFID infrastructure TORONTO and CHELMSFORD, MA, April 15 /CNW/ - Sirit Inc. ("Sirit")(TSX: SI), a leading provider of radio frequency identification ("RFID")technology, and Reva Systems, the leading RFID network infrastructureprovider, announced today that METRO Group is deploying Sirit's INfinity 510UHF RFID reader ("IN510") and Reva's TAP 331 appliance as part of the recentlyannounced expanded rollout at METRO Group's Real brand hypermarket stores. The200 Real locations will be equipped with Checkpoint portals powered by Siritreaders at the loading doors to track incoming goods. Reva's RFID networkinfrastructure will be installed at each location to provide device managementand data processing. Sirit's IN510 readers will be used to track pallets and cases as theyarrive at the stores to improve supply chain efficiency. Reva's TAP 331appliances will be used to manage the distributed network of RFIDinstallations, to produce accurate data from each site and to provide rapidoperator feedback during logistics operations. This 200-location rolloutbuilds on last October's successful implementation during which Sirit readerswere deployed at 100 Real hypermarkets and Reva's TAP 331 appliances wereinstalled at all RFID-enabled facilities. "We believe in providing exceptional customer service, and that startswith having the right items in the right places at the right times," saidDr. Gerd Wolfram, managing director of MGI METRO Group Information TechnologyGmbH. "RFID is a powerful tool for improved inventory management which willhave a positive impact on customer experiences at our Real stores. Reva andSirit deliver the RFID infrastructure we can rely on today and in the futureto build even more value for our customers and operations." "METRO Group's decision to expand their RFID program to another 200stores is a clear validation that today's technology meets enterpriserequirements and that the operational benefits are real," commentedFrank Mild, vice president of EMEA for Reva Systems. "Reva's RFID networkinfrastructure provides the manageability, data accuracy and ease ofdeployment that Metro needs to move forward with RFID at this number of sites.The combination of Sirit's high performance readers and Reva's scalable RFIDplatform creates value at these locations immediately which is extremelyimportant to the Real management team." METRO Group has been a pioneer in the use of RFID in the retail industrysince 2004 when the company announced it would begin using RFID throughout itssupply chain to improve inventory visibility and to enhance the customer'sshopping experience. Both Sirit and Reva Systems have been involved in METROGroup's RFID activities from the outset having been involved in the FutureStore Initiative, several pilots and now the Real expanded roll-out. "METRO Group is certainly an influential factor in the overall adoptionof RFID technology and we are pleased to be a part of their on-goingexpansion," stated Tony Sabetti, vice president, RF Solutions for Sirit. "TheIN510 continues to exceed its 'best-in-class' reputation in terms ofreliability and performance for all of our customers. We have shown thatreader performance does impact the speed and accuracy of data acquisition andultimately the overall success of any RFID implementation. Both Sirit and Revaare excited that our customers place great confidence in our products todeliver outstanding performance that leads to improvement in their businessprocesses and a positive return on investment." "The use of RFID in retail supply chains continues to expand globally,"says Michael Liard, research director for RFID & Contactless at ABI Research."METRO Group is leading European retail supply chain adoption efforts havingdemonstrated a strong commitment to RFID technology. In addition, METROGroup's Real hypermarket program extension highlights the need for reliable,scalable end-to-end partner-based solutions in complex supply chainenvironments." For more information on Sirit and Reva Systems, visit www.sirit.com andwww.revasystems.com. About Sirit Sirit Inc. (TSX: SI) is a leading provider of Radio FrequencyIdentification (RFID) technology worldwide. Harnessing the power of Sirit'senabling-RFID technology, customers are able to more rapidly bring highquality RFID solutions to the market with reduced initial engineering costs.Sirit's products are built on more than 14 years of RF domain expertiseaddressing multiple frequencies (LF/HF/UHF), multiple protocols and arecompliant with global standards. Sirit's broad portfolio of products andcapabilities can be customized to address new and traditional RFID marketapplications including Supply Chain & Logistics, Cashless Payment (includingElectronic Tolling), Access Control, Automatic Vehicle Identification, NearField Communications, Inventory Control & Management, Asset Tracking andProduct Authentication. For more information, please visit www.sirit.com. About Reva Systems Reva Systems develops RFID network infrastructure products that enablecustomers to rapidly deploy scalable solutions in any environment. Reva's TagAcquisition Processor (TAP) products facilitate improved system performance,manageability and accuracy while significantly lessening implementation timeand complexity. Reva products are delivered by a global network of partnersand deployed worldwide by enterprises leveraging innovative RFID applicationsto generate value in diverse industries. For more information, please visitwww.revasystems.com. Cautionary Note Regarding Forward Looking Statements Safe Harbor Statement under the United States Private SecuritiesLitigation Reform Act of 1995: Except for the statements of historical factcontained herein, the information presented constitutes "forward-lookingstatements" within the meaning of the Private Securities Litigation Reform Actof 1995. Such forward-looking statements involve known and unknown risks,uncertainties and other factors which may cause the actual results,performance or achievement of Sirit to be materially different from any futureresults, performance or achievements expressed or implied by suchforward-looking statements. Readers are cautioned not to place undue relianceon these forward-looking statements. Actual results may differ materially fromthose indicated by these forward-looking statements as a result of risks anduncertainties impacting Sirit's business which are discussed in the sectionentitled "Description of the Business - Risks Factors" in Sirit's AnnualInformation Form dated March 14, 2008 as filed with the securities regulatoryauthorities in Canada via SEDAR. Although Sirit has attempted to identifyimportant factors that could cause actual results to differ materially, theremay be other factors that cause results not to be as anticipated, estimated orintended. Sirit does not undertake any obligation to update anyforward-looking statements contained in this document as a result of newinformation, further events or otherwise. "Sirit", the Sirit Design and "vision beyond sight" are all trademarks of Sirit Inc. All other names of actual companies and products mentioned herein may be the trademarks of their respective owners. Reva, Reva Systems, and Tag Acquisition Processor are registered trademarks of Reva Systems Corporation. All other trademarks or registered trademarks are the property of their respective owners.