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Search Minerals Inc V.SMY

Alternate Symbol(s):  SHCMF

Search Minerals Inc. is an integrated mineral exploration and development company, which is focused on the acquisition, exploration, and development of rare earths elements (REE) mineral properties in Labrador. It focuses on developing critical rare earths elements (CREE), Zirconium and Hafnium resources within the Port Hope Simpson-St. Lewis CREE District of South East Labrador. It controls two deposits (Foxtrot and Deep Fox), two drill ready prospects (Fox Meadow and Silver Fox) and other REE prospects, including Fox Valley, Foxy Lady and Awesome Fox, along a 64 km long belt forming a REE District in Labrador. It also controls additional CREE assets in the Red Wine District of central Labrador. These include the drill ready Two Tom Lake CREE-Be-Nb deposit, the Mann #1 CREE-Nb-Be prospect and Merlot CREE Prospect. The Two Tom Property includes mineral licenses 027358M and 016522M in Labrador, Canada. The Red Wine property is located 80 km north-east of Churchill Falls, Labrador.


TSXV:SMY - Post by User

Bullboard Posts
Post by ticktalkeron Jan 26, 2004 8:40am
324 Views
Post# 6951593

news

newsSAMSys Technologies provides RFID readers and integration support for Microsoft Business Solutions Supply Chain Management Pilot trial in Denmark 08:32 EST Monday, January 26, 2004 KiMs trial will be a model for future RFID implementation in the supply chain SONDERSO, DENMARK, Jan. 26 /CNW/ - SAMSys Technologies Inc. (SMY:TSX-VEN) ("SAMSys"), working with Microsoft Business Solutions, today announced the successful completion of a Radio Frequency Identification (RFID) supported trial at KiMs' crisp factory near Sonderso in Denmark. Under the terms of this partnership, SAMSys provided RFID consultancy, application experience, and all the UHF readers for use in the RFID trial at this factory. KiMs manufactures crisps and similar products using a fully automated continuous process. The final stage of manufacturing involves transport by forklift of large, shrink-wrapped pallets of crisps within the factory prior to shipping. Seventy percent (70.000 pallets) of KiMs products are shipped to customers via a third party warehouse and the remainder are shipped directly. The existing barcode controls provided inadequate information for efficient automatic product tracking in terms of where, when and to whom the products were shipped. The SAMSys engineering team evaluated KiMs' production cycle and barcode system and designed and supervised the installation of the hardware side of a UHF RFID pallet tracking system within the finished goods area of the KiMs factory. The data from the SAMSys reader feeds directly into Microsoft Business Solutions Axapta; the result of which is accurate product tracking and information sharing across the supply chain. "The Microsoft RFID project at KiMs is a critical trial, demonstrating both the maturity of UHF RFID technology in a real world environment and the ability of complementary companies to bring together the different elements of the RFID system solution in a timely and effective manner," stated Cliff Horwitz, founder and CEO of SAMSys Technologies, "We were pleased with the pace at which the project was implemented and believe the same rapid implementation can occur on future projects with retailers and manufacturers in Europe and North America." SAMSys' comprehensive line of RFID readers supports a broad range of protocols and standards, ensuring the ongoing performance of the overall RFID hardware infrastructure. Their agile readers are designed to interrogate large populations of RFID tags, through innovative reader architectures. SAMSys has played an active role in setting new industry benchmarks and has consistently supported an RFID adoption strategy based on open architectures and established standards. "We think RFID will play an important role in future supply chain management automation for manufacturers and distributors," said Bjarne Schon, director of supply chain management, Microsoft Business Solutions. "SAMSys, with their RFID expertise, has been a strong partner in helping us bring this vision to life in a real-world environment at KiMs. They have been a significant contributor to the overall project." "The SAMSys team did a great job for us on the project," says Jorn Tolstrup, CEO of KiMs. "They surveyed our facility, made their technical recommendations, installed their equipment, and worked through the integration challenges in a straight forward manner. All the companies on the project including Microsoft, Philips, Avery Dennison and SAMSys delivered what they promised. The project has shown KiMs how RFID can greatly increase supply chain efficiency, placing KiMs at the forefront of the new technology." The KiMS trial project successfully demonstrated a real world application of RFID in the supply chain. SAMSys is prepared to provide this proven solution on future projects with other retailers and manufacturers in Europe and North America. About SAMSys Technologies Inc. SAMSys Technologies Inc. (SAMSys), founded in 1995, is a world-leading provider of radio frequency identification (RFID) hardware solutions and RFID integration consulting services designed to evaluate and recommend optimal RFID solutions to enhance existing business process. SAMSys offers a family of products to simplify the installation and ensure the ongoing performance of the overall RFID hardware infrastructure. SAMSys is a public company whose shares are listed for trading on the TSX Venture Exchange under the symbol: "SMY". The Company has a total of 43.2 million shares outstanding. Visit SAMSys at: www.samsys.com and www.investorfile.com. This news release may contain forward-looking information. Actual future results may differ materially from those contemplated. The risks, uncertainties and other factors that could influence actual results are described in documents filed with regulatory authorities. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. /For further information: SAMSys Media Contact: Stacey Flowers, Account Executive, MAVERICK, +1 416 640-5525 x237, staceyf(at)maverickpr.com; SAMSys Company Contact: Cliff Horwitz, Chief Executive Officer, +1 905 707-0404 x230, cliff.horwitz(at)samsys.com; SAMSys Investor Contact: Gerry Wimmer, INVESTORFILE.com, +1 416 360-8895, gwimmer(at)investorfile.com/ © Canada Newswire Ltd.
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