Alien Technology(R) Announces Formation of Alien Technology Asia Headquartered in Korea.
MORGAN HILL, Calif. -- Alien Technology Corporation today announced the formation of Alien Technology Asia, based in Songdo, Incheon Free Economic Zone, Korea to serve the rapidly expanding markets for RFID in Asia. Alien[R] will invest up to $10 million in the new venture, which will develop sales, distribution, marketing, R&D, and manufacturing capabilities to enhance Alien's existing Asian distribution network and address the comprehensive needs of customers across Asian markets.
"The advanced stage of the Korean RFID market coupled with the technology capability, leadership and vision demonstrated in adoption of RFID in Korea, make the country an ideal location for the headquarters of Alien's business operations in Asia," said Robert Eulau, Chief Financial Officer and Acting CEO, Alien Technology Corporation. "We look forward to further engagement with the leaders of the RFID industry in Korea to address the growing opportunities for RFID business across Asia."
Alien Technology Asia will offer Alien RFID Academy training courses for the Korean market beginning in January 2007 utilizing the u-IT Cluster Center facilities in SongDo Incheon City, Korea. The Alien RFID Academy, which has graduated more than 1,800 individuals representing over 600 commercial and governmental organizations around the world, offers both fundamental and advanced hands-on courses for optimizing RFID implementations.
About Alien Technology
Alien Technology provides UHF Radio Frequency Identification (RFID) products and services to customers in retail, consumer goods, manufacturing, defense, transportation and logistics, pharmaceuticals and other industries. Organizations use Alien's RFID products and services to improve the effectiveness, efficiency and security of their supply chains, logistics and asset tracking operations. Alien's products include RFID tags, RFID readers and related training and professional services. Alien's patented Fluidic Self Assembly (FSA(TM)) technology and related proprietary manufacturing processes are designed to enable the manufacture of high volume, low cost RFID tags.
Alien was founded in l994. The company's facilities include: its corporate headquarters in Morgan Hill, CA; an RFID tag manufacturing facility in Fargo, ND; the Alien RFID Solutions Center in the Dayton, Ohio area, and sales offices in the US, Europe and Asia. Alien is a member of EPCGlobal. More information about Alien is available at www.alientechnology.com.
Alien, Alien Technology, the Alien logo and FSA are trademarks or registered trademarks of Alien Technology Corporation in the United States and other countries.
Copyright 2006 Alien Technology Corporation. All rights reserved.