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Microcap & Penny Stocks : SMY - SAMSys Technologies Inc

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To: Montana Wildhack who wrote (195)7/30/2003 10:16:05 AM
From: Montana Wildhack  Read Replies (1) of 342
 
SAMSys Technologies and RF Technology Group Drive Home RFID Solutions

Collaborative Partnership Provides RFID Solutions for the
Automotive Industry

TORONTO, July 30 /CNW/ - SAMSys Technologies Inc. (SMY:TSX-VEN)
("SAMSys"), a world leading provider of radio frequency identification (RFID)
hardware solutions and RFID integration consulting services, today announced
that it has signed a value added reseller (VAR) agreement with RF Technology
Group, a leading provider of RFID solutions for the automotive, process, and
retail industries.
Under this agreement, RF Technology Group will use their expertise in
RFID solutions development and implementation to incorporate SAMSys' RFID
reader technology in their product offerings. RF Technology Group evaluates
business process environments and identifies the optimal solution for
traceability and error proofing, including the implementation of new RFID
technologies, benchmarking of RFID technologies, customized RFID system
solutions, technical training, and workshops.
"The automotive industry is at the forefront of adopting industry
standards for RFID solutions," says Frank Yono, President of RF Technology
Group. "By incorporating SAMSys RFID reader technology and expertise into our
RF systems, we are extending critical components to our solution offerings
that we believe will create a unique competitive advantage."
SAMSys offers a selection of reader solutions including standard
frequency-specific modules, custom-made application specific reader systems,
and OEM modules to provide tailored solutions for a wide variety of supply
chain management, logistics management, and tracking and fulfillment
applications. In addition to providing reader solutions, SAMSys offers
consulting services that focus on the front-end of the RFID implementation
process.
"As the understanding of RFID as a data collection technology evolves
through various industries, we believe it will be recognized for its data
mining and management capabilities, among its other advantages" says Cliff
Horwitz, Chairman and Chief Executive Officer of SAMSys. "The automotive
industry is a leader in adopting RFID technology for its unique functionality
and will lead other industries looking for ways of streamlining their supply
chain management process and information management capabilities to evaluate
RFID as a solution. We look forward to showcasing the capabilities of RFID
technology and continued success through this partnership."
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