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

To: Montana Wildhack who wrote (331)	6/1/2005 10:06:33 AM
From: Montana Wildhack	Read Replies (1) \| Respond to of 342

SAMSys Joins Intermec RFID Rapid Start Licensing Program - 90-day program launches today - Industry leaders team to offer powerful, new business efficiency technology - Global program designed to ensure end-users have multiple supply vendors Stock Symbol: SMY Listing: Toronto Stock Exchange (TSX) Outstanding Shares: 47.8 Million Web Site: www.samsys.com EVERETT, WA, and RICHMOND HILL, ON, June 1 /CNW/ - SAMSys Technologies Inc. (TSX:SMY), of Richmond Hill, Ontario, Canada, has joined Intermec Technologies Corp.'s Rapid Start RFID intellectual property licensing program, the companies announced today. The 90-day Rapid Start Licensing Program, which opens today, provides SAMSys full access to one of four RFID IP portfolios, the Fixed RFID Reader and Fixed RFID Printer Portfolio. The agreement allows SAMSys to manufacture products with the RFID capabilities and functionality that today's end-users require. SAMSys joins Intermec RFID licensees Philips Semiconductor BV, Sharp Corp., Sensormatic and TransCore. SAMSys, founded in 1995, is a world-leading provider of RFID hardware systems, designing and manufacturing a wide range of RFID readers that support a broad array of tag protocols and frequencies. SAMSys also offers RFID consulting services for companies contemplating the introduction of RFID into their operations. In addition to producing RFID reader hardware, SAMSys offers a family of products to simplify the installation and integration of application solutions and ensure the ongoing performance of the overall RFID hardware infrastructure. "We are extremely gratified to have reached agreement with Intermec on the licensing of its Fixed Reader intellectual property portfolio," said Cliff Horwitz, SAMSys chairman and CEO. "We believe that it is imperative for the RFID industry to recognize the existence of intellectual property developed over many years, evolving to its current state-of-the-art status and improving to a point where it meets the necessary functionality standard for widespread adoption." "It is equally important that we, the vendor community, are able to remove yet another element of uncertainty from our customers and to supply them with product which is fully licensed. Surely this is one significant step in further facilitating the accelerated adoption of this wonderful technology. We are proud to have demonstrated a level of leadership in this regard," said Horwitz. Horwitz continued, "Lastly, the agreement we have executed with Intermec is a Cross-Licensing Agreement whereby Intermec recognizes the value of our Intellectual Property portfolio, which we believe is essential for the optimization of the desired levels of functionality. We are delighted that the value we have created has been recognized and incorporated in order to further enhance our respective products." "End-user customers want to be sure they have access to the full power of RFID, which is available only by using Intermec's patented inventions," said Intermec President Tom Miller. "As a participant in Intermec's Rapid Start Licensing Program, SAMSys has once again proved itself to be a leader in the introduction of this powerful, new supply chain technology. SAMSys is now able to use our intellectual property to provide its customers the best possible RFID systems." Intermec, a UNOVA Inc. (NYSE:UNA) company, holds more than 145 RFID patents covering broad areas of UHF supply chain RFID practice and applications. Its patents cover all standards and classes related to the international practice of RFID, including Class 0, Class 0+, Class 1, UHF Generation 2, ISO and others. The company's Rapid Start Licensing Program, available only through Aug. 31, is designed to open access to Intermec's current and future RFID technology innovations and to clearly indicate which manufacturers and vendors are licensed to use Intermec's patented RFID technologies. After the close of the program, only those patents required to practice recognized standards will be available for license, at higher rates than available through Rapid Start. "Since intellectual property owned by Intermec and left out of the royalty-free EPCglobal Gen 2 standard includes key supply chain RFID functionality, the majority of suppliers need to license Intermec's IP in order to provide full Gen 2 implementations," said Chantal Polsonetti, vice president, ARC Advisory Group.