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Technology Stocks : RFID, NFC and QR code Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (322)	1/17/2004 12:14:47 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 1712

An overview of Savi from their web site: savi.com Savi is the proven leader in global supply chain security and real-time asset management with over 12 years of logistics infrastructure experience. Savi Technology provides supply chain asset management, security and collaboration software that is uniquely integrated with automatic data collection and identification systems to provide real-time logistics solutions. Savi's customers include the U.S. Department of Defense, the U.S. Postal Service and Singapore Airlines, as well as numerous international ports, terminal operators, carriers, asset owners and third party logistics providers. Under a $112 million multi-year contract with the U.S. Department of Defense, the Savi system has been used in deployments that support U.S. military logistics operations throughout 300 nodes, tracking more than 200,000 items annually in the United States, Europe, and Asia. Savi operates the world's largest RFID network to track supplies from key depots to regional distribution centers and out to U.S. Army installations in Europe and other operating theaters. Savi currently employs more than 200 employees. The company is capitalized with $93 million in venture and individual investments. Venture funding is through Accel Partners, Vector Capital, k1 Ventures, Singapore Infocomm Development Authority (IDA), NetMarket Partners, Oracle Venture Fund, TIBCO Software, Temasek Capital, Mohr, Davidow Ventures, Dorset Capital, Venture TDF, Intermec Technologies Corporation, UPS Strategic Enterprise Fund, SembCorp, SembCorp Logistics Ltd. and individual investors. Founded in 1989, Savi Technology is privately held, with headquarters in Sunnyvale, California and offices in Washington D.C., London, Hong Kong, Taiwan and Singapore.