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

To: veliny who wrote (151)	12/2/2002 9:02:21 AM
From: Montana Wildhack	Read Replies (2) \| Respond to of 342

SAMSys Technologies Signs VAR Agreement with RFID Total Solutions Provider, VerdaSee Solutions TORONTO, Dec. 2 /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 value-added reseller (VAR) agreement with RFID total solutions provider VerdaSee Solutions Inc. ("VerdaSee"). Under this agreement, VerdaSee will incorporate SAMSys' readers into their logistics application solutions for the supply chain as well as within their SmartShelf product lines. "SAMSys chose to partner with VerdaSee because of that team's extensive experience and proven results in the advanced tracking and tracing field," says Cliff Horwitz, Chairman and Chief Executive Officer of SAMSys. "We recognize the enormous potential within their areas of focus, and believe that many of the applications they address are ideally suited to RFID technologies. This is another significant agreement for us as we continue to target many markets through a comprehensive network of well qualified VARs." VerdaSee specializes in developing a range of high performance tracking and tracing products and services for the healthcare, pharmaceutical, automotive and heavy industrial markets. Specific applications of VerdaSee's RFID solutions include real-time tracking of customer assets, consumables, industrial tools and testing instrument, and hospital patients. "VerdaSee's goal is to develop the optimum RFID solution for each customer's specific needs that both reduces operating costs and enhances revenue. SAMSys' technology agnostic RFID readers allow us to enhance our customer offerings with state-of-the-art technology," said Reuben Vasquez, President and Chief Executive Officer of VerdaSee.