Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : SMY - SAMSys Technologies Inc -- Ignore unavailable to you. Want to Upgrade?

To: Montana Wildhack who wrote (123)	11/5/2002 10:29:45 AM
From: Montana Wildhack	Read Replies (1) \| Respond to of 342

SAMSys Technologies and VeriCode Systems Sign VAR Agreement Stock Symbol: SMY Listing: TSX Venture Exchange Outstanding Shares: 28.7 Million Web Site: www.samsys.com TORONTO, Nov. 5 /CNW/ - SAMSys Technologies Inc. (SMY:TSX-VEN) ("SAMSys"), a world leading provider of radio frequency identification (RFID) hardware solutions, today announced it has signed a VAR agreement with VeriCode Systems, the leader in fully integrated labeling and tracking solutions. Under this agreement, SAMSys' full line of RFID readers will be integrated with VeriCode's Pallet Track and Carton Track solutions that provide manufacturers and distributors with real-time information needed to keep manufacturing and shipping operations running smoothly and efficiently. "VeriCode's proven track record with customers in several sectors is impressive, and we are delighted to partner with them," says Cliff Horwitz, Chairman and Chief Executive Officer of SAMSys. "This agreement allows our hardware to be incorporated with VeriCode's application solutions in the supply chain, spanning several industry sectors such as food, chemicals, automotive and pharmaceuticals. We continue to build VAR relationships with VAR's who address the requirements for a wide range of vertical industries." "VeriCode only partners with the best-of-breed in the RFID industry and SAMSys meets this criteria," says Bob Hanson, President of VeriCode Systems. "SAMSys' multi-frequency, multi-protocol reader line allows us to broaden our offerings to our customers in a variety of sectors including retail and manufacturing to provide them with a solution tailored specifically to their needs. Implementing RFID technology into our current labeling and tracking systems will enable us to provide our customers with significantly expanded functionality."