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Microcap & Penny Stocks : SMY - SAMSys Technologies Inc

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To: Montana Wildhack who wrote (155)12/20/2002 10:15:27 AM
From: Montana Wildhack  Read Replies (1) of 342
 
SAMSys Technologies Granted Patent for Method and System for Tracking Clustered Items

TORONTO, Dec. 20 /CNW/ - SAMSys Technologies Inc. (SMY:TSX-VEN)
("SAMSys"), a world leading provider of radio frequency identification (RFID)
hardware solutions, today announced that the U.S. Patent Office has granted
the company patent number 6,496,806 entitled "Method and System for Tracking
Clustered Items." This patent, filed in 1999 is one of a series in patent
applications for SAMSys, all of which relate to the company's RFID
innovations.
This "Method and System for Tracking Clustered Items" patent provides a
system for tracking individual items within a large shipment of objects in
random orientation. SAMSys has created this unique approach to resolve
practical problems relating to application implementation of high-volume
product tracking and logistics management, particularly within the warehousing
and distribution environments. The award of this patent demonstrates ingenuity
and creativity by providing an RFID solution that effectively solves a number
of widespread problems in the current Supply Chain model.
"Being awarded this patent solidifies SAMSys' position as an innovator,
and solution provider, within the RFID space," says Cliff Horwitz, Chairman
and Chief Executive Officer of SAMSys. "After a long application process, we
are pleased to have been granted this patent that reinforces the validity of
our philosophy regarding the real-world deployment of RFID, as well as the use
and value of the many applications which we believe can best be addressed
through this methodology."
This patent represents the second patent granted to SAMSys, the first
being "A Tag Evaluation Module for Radio Frequency Identification Systems,"
assigned under U.S. patent number 6,346,881. Both patents will be protected by
the U.S. Patent & Trademark Office against competitive infringement. SAMSys
has filed an additional patent application that is currently patent pending.
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