2006-06-26
The new financing package will serve as a basis for long-term expansion of IDENTEC SOLUTIONS’ market leadership in industrial active RFID systems. Besides increasing its activities in system development and standardization and strengthening its global market presence, IDENTEC SOLUTIONS will continue to forge into new market sectors. For example, IDENTEC SOLUTIONS recently carried out a project together with Boeing and FedEx, which involved equipping an MD-10 freight aircraft with active RFID tags for the purpose of providing better asset visibility for the Logistics Provider.
About IDENTEC SOLUTIONS
Headquartered in Lustenau, Austria, with offices in the United States and Canada, IDENTEC SOLUTIONS specializes in Intelligent Asset Management solutions, which help simplify manufacturing and logistics processes and bring more transparency to the supply chain. IDENTEC SOLUTIONS' Intelligent Long Range (ILR) active RFID System can identify, locate and track assets at a distance of up to 100 meters (300 feet) to deliver superior real-time visibility in dynamic, demanding environments. ILR is used to streamline business operations in a variety of areas including Work-in-Progress (WIP), manufacturing, vehicle tracking and container management, delivering substantial Return on Investment (ROI). Over the past seven years, IDENTEC SOLUTIONS has provided asset management solutions and support for a variety of organizations including an impressive roster of Fortune 500 clients such as Volkswagen, Deutsche Post and General Electric.
http://www.identecsolutions.com
About RFID Invest AG
Located in Liechtenstein, RFID Invest AG is the first Venture Capital Firm in Europe specializing solely in RFID companies who demonstrate excellent growth potential, business productivity and established products and services. Well-known Entrepreneur Martin Zumtobel is one of RFID Invest AG’s major shareholders. For more information please visit http://www.rfidinvest.eu.
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IDENTEC SOLUTIONS
