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Microcap & Penny Stocks : SMY - SAMSys Technologies Inc

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To: Montana Wildhack who wrote (196)8/21/2003 7:10:41 PM
From: Montana Wildhack  Read Replies (1) of 342
 
SAMSys Technologies and Site Log Systems Bring RFID Down to Earth

RFID technology stakes its claim on geographic surface locations with a
patented new Data Stake product enabling asset location and
identification

TORONTO, Aug. 21 /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 an original equipment manufacturer (OEM) agreement with
Site Log Systems, a leading developer of patented new products which provide
the geographic location and description of boundaries, buried utilities, and
other resources.
Under this agreement, SAMSys Technologies will supply RFID readers for
use in Site Log Systems' state of the art Data Stake Readers. The Data Stakes,
equipped with passive RFID tags, identify exact site locations and provide
detailed information about buried assets or surface items of continuing
interest. This location and identification system has been proposed for
various applications including locating large land tract boundaries, survey
monuments, safe mine field passage corridors for military operations,
identifying pipelines and power lines for industrial construction and tracking
endangered plants, trees or animal populations for environmental groups and
ministries.
"We see so many places and industries to implement our product," says Ken
Walter, Owner of Site Log Systems, "SAMSys' reader technology is enabling us
to further develop our applications and reach our manufacturing goals. We are
looking forward to integrating their RFID readers into our Data Stake
Readers."
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.
"RFID technology is being implemented into many industries by experts in
the field," says Cliff Horwitz, Chairman and Chief Executive Officer of
SAMSys. "This OEM agreement is a prime example of how RFID can be integrated
as a functional, flexible solution to tangible problems. We look forward to
working with Site Log Systems and integrating our RFID technology offering
into their patented location and identification application."
SAMSys' comprehensive line of RFID readers spans low frequency, high
frequency and UHF and supports a very broad range of protocols. Their
technology meets all industry standards and plays a role in setting industry
standards. By implementing SAMSys readers into their solutions, Site Log
Systems is able to be forward looking without the fear of their solutions
becoming obsolete.
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