I sold 1/2 at 66.625 due to the price action in a strong
Nasdaq market. Wanted to keep some of the nice profits.
Put it to work with Samsys on the Montreal exchange. Symbol is SMY. You can check out news releases at www.newswire.ca
if interested. Stock closed at $4.54 Canadian today, up .49
Latest release is below for GMST'ers perusal if interested.
SAMSys Technologies Inc. Receives Certification for its
Multi-Protocol, Multi-Frequency RFID Reader
Company able to sell RFID products off-the-shelf
throughout North America and Europe
Stock Symbol: SMY:ME
Montreal Exchange
TORONTO, Jan. 11 /CNW/ - SAMSys Technologies Inc. (SMY:ME): SAMSys
Technologies Inc. ("the Company") announced today that the certification
process required for sale of its recently announced patent filing for a
Multi-Protocol, Multi-Frequency Radio Frequency Identification (RFID) reader
product, has been successfully completed.
The Company's proprietary and industry leading RFID reader product known
as the Interrogator Control Module ("ICM"), has completed verification testing
as a Class A Digital Device and is in compliance with the US Agency Federal
Communications Commission (FCC) Part 15 Sub part B and CISPR22 A. In addition,
the ICM has been successfully tested for Electromagnetic Compatibility and
Immunity, and Generic Immunity and complies with the European Standard EN
50082.1 (1997). With these tests successfully completed the ICM may now be
sold (for non residential use) in both North America and Europe.
Furthermore the Company also reports that Hamel Davidson Corporation,
its' principal technical development contractor and manufacturer has recently
become ISO-9001 certified. Accordingly, the Company's products may also be
offered with the same certification.
"This event truly marks the dawn of a new era for the Company", said
Cliff Horwitz, the company's Chairman and C.E.O. "For the first time since our
inception, we now have a product which can legally be sold off-the-shelf to
end users. To have achieved full certification for both North America and
Europe at first submission is a tribute to the professionalism and skill of
our technical development team. This is the breakthrough for which we have
been waiting, as it basically provides us the wherewithal to commence
generation of sales revenues."
"When taken in conjunction with the extremely significant competitive
advantage which we have created through the design and development of the
product itself, we look forward to a year in which we will finally see the
fulfillment of all of the promise which RFID has offered for so long", Horwitz
continued.
The ICM is the control unit, which manages both the communications
protocols and the flow of data, which is exchanged between the tags and the
reader. It supports the various RF modules, which supply power to the tags,
both for reading data from the tag and writing new data to the tag. It is
entirely modular, and frequency independent, thereby enabling for the first
time, an operating environment wherein tags operating under a variety of
manufacturer-specific protocols, and at any frequency, can be interrogated
harmoniously within a single field simultaneously.
The company recently announced the filing of a patent covering both the
device itself, as well as the architecture supporting same.
In the absence of worldwide standards, the Company believes that the
availability of such a device dramatically enhances the willingness of
end-users to implement RFID solutions, without fear of premature obsolescence.
About SAMSys: SAMSys Technologies Inc. is the world leader in the design
and supply of Radio Frequency Identification (RFID) hardware solutions for
high-volume pallet and reusable container tracking applications in global
Logistics Management, Materials Handling and Supply Chain industries. The
Company's technology, the SAMSys(R) FasTrak Radio Frequency Identification
(RFID) system, is a proprietary automatic data collection medium of RFID tags
and readers which enables the tracking of goods and assets without the need
for direct contact or operator intervention, providing unique functional and
cost benefits versus other available technologies.
SAMSys Technologies Inc. is a public company whose shares are listed for
trading on the Montreal Exchange under the symbol: "SMY". The Company has a
total of 18,748,465 shares fully diluted outstanding. For more information
about SAMSys, visit the web site: www.samsys.com and www.investorfile.com. |
