Completes Technical Development Agreement With SCS Corp
2/7/01
SAMSYS TECHNOLOGIES INC ("SMY-M") - Completes Technical Development Agreement With SCS Corp
SAMSys Technologies Inc., (www.samsys.com) of Toronto, a provider of Radio Frequency Identification (RFID) reader hardware, has signed a Licensing and Technology agreement with SCS Corporation of San Diego, CA, a leading provider of RFID tag and scanner technology, that allows integration of SCS's protocols within SAMSys' multi frequency/multi protocol readers.
"This is a very significant alliance for us," says SAMSys CEO Cliff Horwitz. "Because there's a strong market demand for solutions requiring UHF frequency-based technologies in the RFID arena, we see this agreement as a critical aspect to meet our commitment of providing the highest level of functionality for each application that we are now developing."
"We believe that collaborative market development is key to everyone's success in this industry," adds SCS' president/CEO Jack LeVan. "Since the RFID market is now moving from 'high potential' to 'high opportunity', the RFID industry as a whole must be prepared to share technologies and cooperate on adapting them so that the whole is better than the sum of the parts. That is why we have chosen to work closely with companies like SAMSys to deliver RFID benefits to users' applications on a global basis."
"This agreement with SCS is solid re-enforcement of what we are pursuing in developing applications for mass customization," says Horwitz. "It is one of the results from our recent announcement with International Paper. It represents a paradigm shift as many vendor companies are now re-evaluating themselves to understand how to partner with reader specialists like SAMSys to reach full market potential."
SAMSys in partnership with International Paper is seeking opportunities to deploy smart packaging RFID technologies to enhance data flow within operations of Fortune 500 organizations. Its value-added proposition is to decrease almost $70 billion of waste from inventory irregularities, excessive labor costs and theft in the retail supply chain.
RFID is an electronic labeling system that uses radio frequency to count closely spaced items without the need to separate and scan individual items. RFID consists of a tag and a reader. The reader transmits a signal to the tag, which is a small transceiver. The tag transmits encoded data back to the reader, which logs it via computer. The tag has read-write capabilities, enabling its data to be modified remotely. The system provides greater flexibility over bar-code inventory-control systems because there are no line of sight requirements and physical contact or operator intervention is not required. |
