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Technology Stocks : RFID Systems Corporation (RFID)

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To: Micropicker who wrote (85)5/11/1998 2:53:00 PM
From: Ted B.  Read Replies (1) of 199
 
The company has unique radio frequency indentifier technology (RFID) One year ago it was used for identifying people as they crossed borders. Last summer the company went through a management shakeup and Pat O'Hearn joined in July. In September he brought in a second key employee. They spent the next three months in market research with contacts in Silicon Valley to identify the best opportunities for their technology. In December they came out with a business plan based on new directions. They have positioned the company and its technology to serves the security needs of computer users both in corporate networks and on the internet. This is considered a very hot market now. Their technology encompasses both hardware and software and will do away with computer fraud to a large extent. More specific news will be released over the next weeks and months. The foregoing is as I currently understand it.
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