from sirit.hope for more to come. Give it a few years and we will live up to the great potential and do well.Sirit, TAGSYS combine technologies for RFID solution
Sirit Inc (C:SI)
Shares Issued 145,703,308
Last Close 2/20/2008$0.18
Thursday February 21 2008 - News Release
Mr. Bill Allen reports
SIRIT, TAGSYS ANNOUNCE RFID TECHNOLOGY PARTNERSHIP; SIRIT'S UHF READERTECHNOLOGY AND TAGSYS' RFID INFRASTRUCTURE COMBINE TO DELIVER TURNKEY,HIGH-PERFORMING RFID SOLUTION
Sirit Inc. has entered a comprehensive partnership with TAGSYS, a globalleader in item-level RFID infrastructure. The partnership further reinforcesSirit's position as the leading supplier of UHF reader technology and providesTAGSYS with a more powerful RFID infrastructure, enabling companies to rapidlydeploy and maintain RFID solutions.
As part of the agreement, TAGSYS will release its RXU-400 UHF fixed readerbuilt on Sirit's performance-leading INfinity 510 platform. Also, TAGSYS'sintegrated tunnel systems, with proven capability to deliver Six Sigmaperformance, will be developed for UHF item-level applications powered bySirit's reader technology.
"We are pleased to reach an agreement with TAGSYS that leverages eachcompany's strengths and core competencies," stated Tony Sabetti, vice-president,RF solutions for Sirit. "The INfinity 510 has proven to provide outstandingperformance in the types of implementations in which TAGSYS is involved due toits strong feature-set and proprietary tag acquisition algorithms. TAGSYS leadsthe way in RFID applications for several key markets, such as fashion andpharmaceuticals, and we look forward to further developing this solutions-basedrelationship."
"Bringing together complementary technologies from Sirit and TAGSYSrepresents an important milestone in our ability to bring the best technology toour customers, which leads to integrated, application-specific systems thatexceed customer expectations," said Fred Kohout, chief marketing officer forTAGSYS. "We performed extensive testing and evaluation of various readers, andSirit's INfinity 510 platform is clearly the type of product we want to deliverto our customers in terms of performance, reliability and reader managementcapabilities."
The technology partnership also includes e-connectware, the innovativesoftware from TAGSYS that remotely manages and optimizes RFID networks in realtime. e-connectware enables high-quality service levels and ensures dataaccuracy and integrity in item-level tagging. Sirit will certify the INfinity510 and the RXU-400 from TAGSYS for compatibility with e-connectware.
"The INfinity 510 continues to live up to its 'best in class' reputation asis evidenced by customer field tests, the ODIN technologies European ReaderBenchmark report, and now the selection by TAGSYS as its primary UHF readerplatform," continued Mr. Sabetti. "Along with outstanding field performance withlarge tag populations in challenging environments, our customers also tell usthe broad portfolio of configuration and enterprise management tools set theINfinity 510 apart from competitive readers."
TAGSYS will display the RXU-400 and its UHF product family at Euroshop inDusseldorf, Germany, from Feb. 23 through Feb. 27, 2008, in booth D11, Hall 7A.Sirit will also exhibit its reader solutions for the retail market in booth D20,Hall 7A, at Euroshop.
About TAGSYS
TAGSYS is the global leader in item-level RFID infrastructure. TAGSYSprovides RFID systems and tags for end-to-end, item-level tracking thatautomates labour-intensive processes, authenticates and safeguards goods, andenables real-time inventory and asset visibility. With a proven record ofdelivering reliable, accurate and secure RFID systems and tags, TAGSYS hasdeployed over 100 million tags and 60,000 reader systems to over 500 customersin more than 40 countries. TAGSYS's RFID solutions are currently being deployedin a range of highly specialized vertical markets that include pharmaceutical,fashion apparel, libraries and textile rental. The company is headquartered inCambridge, Mass., with offices, and research and development centres in France,in Pennsylvania and in Hong Kong.
© 2008 Canjex Publishing Ltd.