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Microcap & Penny Stocks : SMY - SAMSys Technologies Inc
SMY.V 0.430-7.5%9:30 AM EST

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To: Manx who wrote (253)2/17/2004 12:14:38 PM
From: Montana Wildhack  Read Replies (1) of 342
 
SAMSys Technologies and Lyngsoe Systems Sign Value Added Reseller Agreement

TORONTO, Feb. 17 /CNW/ - SAMSys Technologies Inc. (SMY:TSX-VEN)
("SAMSys"), an international provider of radio frequency identification (RFID)
hardware solutions and consulting services, today announced it has signed a
value added reseller (VAR) agreement with Lyngsoe Systems, a global provider
of customized logistics solutions based on automatic identification equipment.
Under the terms of the agreement, Lyngsoe Systems will be able to
integrate and resell SAMSys RFID readers in its wide ranging solutions
business. Lyngsoe provides its customers with sophisticated software packages
and integration services for deploying electronic product code (EPC) based
solutions in the areas of supply chain execution, asset tracking, warehouse
management and product traceability. SAMSys' RFID reader family supports EPC
protocols and frequencies, giving users the ability to choose a "best of
breed" solution.
"SAMSys' continuing commitment to providing RFID readers supporting EPC
protocols and form-factors well suited for a variety of applications
significantly helps our ability to provide timely solutions to our customers,"
says Keld Ole Nielsen, Sales & Marketing Director of Lyngsoe Systems. "As a
result, a strong and collaborative relationship between Lyngsoe Systems and
SAMSys was a logical way forward." SAMSys' comprehensive line of RFID readers
spans low frequency, high frequency and UHF, support a broad range of
protocols and standards, and enables implementation without the fear of near
term obsolescence. For almost 10 years SAMSys has played an active role in the
RFID industry, consistently advocating an adoption strategy based upon the
optimization of functionality, multi-protocol reader architectures, and ease
of reader integration. SAMSys also provides consulting services that focus on
the front-end of the RFID implementation process.
"Lyngsoe is a highly experienced system integrator that has demonstrated
its ability again and again to provide innovative and efficacious RFID
solutions around the world," says Cliff Horwitz, Chairman and Chief Executive
Officer of SAMSys. "We believe Lyngsoe will be a valuable channel partner for
SAMSys in Europe, North America, indeed, around the world."
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