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Microcap & Penny Stocks : SMY - SAMSys Technologies Inc

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To: Montana Wildhack who wrote (74)2/27/2002 8:16:49 PM
From: Montana Wildhack  Read Replies (2) of 342
 
SAMSys Technologies Inc. Granted Its First Patent

TORONTO, Feb. 25 /CNW/ - SAMSys Technologies Inc., ("SAMSys"),
(SMY:CDNX), www.samsys.com, of Toronto, a provider of Radio Frequency
Identification (RFID) reader hardware, announced today that the Company has
received notification from the U.S. Patent office granting SAMSys their first
patent for its RFID intellectual property. The Patent covers the Intellectual
Property in its filing for "A Tag Evaluation Module for Radio Frequency
Identification Systems," and has been assigned under U.S. patent number
6,346,881.
Tag Evaluation Module ("TEM") device, together with operating software
provides an inexpensive tool for Systems Integrators and hardware vendors to
effectively map the actual performance of any proposed deployment of Radio
Frequency Identification ("RFID") hardware in situ. Furthermore the device can
also be used as a diagnostic tool to resolve performance anomalies.
The TEM is a system, which comprises a transmitter to which a tag of any
type or frequency is attached, together with a receiver, which connects to a
PC. The Company has also developed software, which allows the operator to
monitor the voltage being received at the tag; verify the transmission of a
data stream back to the reader; and the acknowledgement of receipt of such
data at the reader. This process can be easily saved to file for later
analysis, or can simply be used to reaffirm performance in each reading field.
The system is inexpensive and will operate with any tag/reader combination.
"I am extremely gratified that we have been granted patent rights over
this novel, and important, Intellectual Property", said Cliff Horwitz, SAMSys
Chairman and CEO. "We believe that the device itself, as well as the
conceptual deployment, represents an essential element in the successful
implementation of RFID systems of all types. We see this as an important
milestone in our long term Intellectual Property strategy, and we are
confident that we will enjoy the financial rewards associated therewith."
This TEM patent represents the first patent grant received by the Company
from a series of patent filing applications which were submitted to the U.S.
patent office at the end of 1999 and early 2000.
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