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

To: Montana Wildhack who wrote (326)	5/3/2005 12:23:21 PM
From: Montana Wildhack	Read Replies (1) \| Respond to of 342

SAMSys and SATO Asia Pacific Announce Master Distribution Agreement for Asian Markets SATO to stock and resell SAMSys Multi-Protocol RFID Readers TORONTO and SINGAPORE, May 3 /CNW/ - SAMSys Technologies Inc. (SMY: TSX), an international provider of Radio Frequency IDentification (RFID) hardware solutions and consulting services and SATO Asia Pacific, a leader in the Asian Auto ID market for barcoding and RFID solutions today announce that they have entered into a Master Distribution agreement to supply SAMSys multi-protocol readers and support for end user solutions and resellers in the growing Asian RFID market. Under the terms of the Agreement, SATO will stock SAMSys products in Singapore, and provide support and training for the SATO direct sales team as well as their barcode printer resellers throughout Asia. "SATO has been one of our premier reseller partners throughout the world for some time", commented Cliff Horwitz, chairman, CEO and president of SAMSys Technologies Inc. "We have already created a successful track record of collaboration, both in the US and in Europe, where, by example, we have teamed to secure the confidence of METRO Group and its suppliers. Pursuing a strategy of similar teamwork and commitment to the Asian market will propel the adoption and acceptance of the RFID initiatives in that exciting and demanding environment. The SATO expertise, coupled with their presence in the region, and a robust family of SAMSys products, is a powerful combination indeed." SATO Asia Pacific, a regional headquarters based in Singapore, has been providing total Data Collection & Labelling Systems to various industries. Since the first wave of the RFID technology, SATO has been providing effective solutions and advice to those in needs. The collaboration with SAMSys is a much welcome step to bring the 2 companies' RFID complete solution a big leap forward. With SATO's RFID-enabled printers and SAMSys' multi-protocol readers, both companies are confident to add value to their existing and new business initiatives. "We are very pleased with this arrangement", cited Toshihiro Waki, Chairman of SATO Asia Pacific Pte. Ltd. "We are confident that with SAMSys' proven track record and SATO's commitments towards providing end users a flawless solution, we have half the battle won to begin with. This is definitely an opportunity for both our companies to leverage on each other's expertise and at the end of the day, we want our end users to benefit the most out of this partnership."