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

To: Montana Wildhack who wrote (286)	6/10/2004 1:16:57 PM
From: Montana Wildhack	Read Replies (1) \| Respond to of 342

Pacific Cycle Embraces Wal-Mart RFID Mandate by Installing SAMSys Readers to Benefit Internal Operations Pacific Cycle using SAMSys MP9320 UHF Portal Readers to Log Inventory in Illinois Warehouse TORONTO, June 10 /CNW/ - SAMSys Technologies Inc. (SMY: TSX), an international provider of radio frequency identification (RFID) hardware solutions and consulting services, announced that Pacific Cycle, the largest bicycle supplier in the U.S. and a leader in the design, marketing and distribution of high quality branded bicycles and other recreational products, has installed SAMSys MP9320 UHF portal readers as part of a RFID pilot program designed to create greater efficiency internally as well as to comply with the supplier mandate from Wal-Mart that requires RFID case and pallet tagging compliance by 2005. Through the installation of SAMSys portal readers, Pacific Cycle is in a unique position to take advantage of Wal-Mart's pallet and case level mandate. Because bicycles and other recreational products from Pacific Cycle only fit one item to each case, its case-level tagging is also item-level tagging. As a result, Pacific Cycle can also use RFID readers to track its products through Wal-Mart's retail stores to eliminate out-of-stock situations and navigate store associates to products that aren't on store shelves as well as monitor products within its own warehouses. "Our goal is to meet the mandate set by Wal-Mart and to also benefit from using this internally," said Edwin Matthews, IS director with Pacific Cycle. "By tracking items within the retail store and determining what factors impact sales, we hope to learn how to increase sales at retail stores. We're also hoping to reduce manpower in our receiving and shipping operations as well as manage events to make sure we're shipping the right product." Pacific Cycle has installed SAMSys MP9320 UHF portal readers in the company's warehouse in Olney, Ill. As workers pass through the warehouse's dock doors with product, the SAMSys RFID reader system logs the inventory. SAMSys has also integrated a stack light, giving forklift drivers a visual indication that the pallet tag has been read as trucks are being loaded or unloaded. "Pacific Cycle is a prime example of how companies can now see how to build a good return on investment from the RFID tagging mandates by finding ways to use the technology to create efficiencies in their own operations," said Tres Wiley, SAMSys President. "We are pleased that SAMSys has been able to help Pacific Cycle begin validating those benefits and also become a leader in compliance for Wal-Mart's program." Pacific Cycle has a host of ideas for RFID that the company believes could lower warehouse costs, provide more accurate inventory management and increase sales in retail stores. The company desires to tag products at all of its off-shore manufacturing sites, giving Pacific Cycle the ability to automatically receive products as they move into the warehouse.