Alien Technology Acquires Quatrotec to Drive Expansion in RFID Transportation Markets; Wholly Owned Subsidiary to Focus on Commercial Aviation and Transportation Markets.MORGAN HILL, Calif. -- Strengthening its position in the transportation sector, Alien Technology Alien Technology is a manufacturer of RFID technology. The company is headquartered in Morgan Hill, California, with an RFID tag manufacturing facility in Fargo, North Dakota, the Alien RFID Solutions Center, in the Dayton, Ohio area, and sales offices in the US, Europe and Asia. (R) today announced it has acquired Quatrotec, a leading specialty integration services and project management firm focused on commercial aviation and other transportation markets. Quatrotec will operate as a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. reporting to Robert J. McKinley, Vice President, Business Development for transportation markets at Alien. Mr. McKinley was formerly Director of Security and Airport Systems at San Francisco International Airport “SFO” redirects here. For other uses, see SFO (disambiguation). For the television series, see . . "The acquisition of Quatrotec is a major strategic step for Alien into the transportation market, complementing our strong RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. product offerings in baggage tags and readers with unsurpassed domain expertise and specialized implementation skills," said Stav Prodromou, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Alien Technology Corporation. "Based on our collaborations with Quatrotec on projects to date, we believe the merging of Alien and Quatrotec capabilities will provide superior expertise, resources and value to customers and partners in the rapidly growing markets for RFID in the transportation sector." The market for RFID in transportation is projected to grow rapidly in the next three years. Venture Data Corporation predicts that the market for RFID systems for air transportation & airports alone will reach $236.4 million in 2008. In acquiring Quatrotec, Alien has expanded its ability to address air, sea, ground and homeland security-related RFID applications of any scope and scale. Serving the air transportation industry for more than 20 years in projects ranging from $1 million to well over $200 million, Quatrotec possesses particular design and implementation expertise in such highly specialized areas as airport security systems, baggage handling systems, passenger services and terminal operations The reception, processing, and staging of passengers; thereceipt, transit, storage, and marshalling of cargo; the loadingand unloading of modes of transport conveyances; and themanifesting and forwarding of cargo and passengers todestination. See also operation; terminal. . Quatrotec's principals Dominic Della Maggiora, Scott Ure, and Matthew Connelly will continue to lead the former Quatrotec team as Alien's new subsidiary. "RFID is one of the most compelling technologies available to the transportation sector today, leading to enhanced operational efficiencies, improved security, cost savings and increased customer satisfaction," said Bob McKinley, Vice President of Transportation Business Development. "Alien is strongly committed to the transportation market and has the products, management and assets to help drive widespread RFID usage. We're pleased to add Quatrotec's capabilities as an integral part of this dynamic effort, and look forward to bringing new synergies and value to our customer engagements." Quatrotec is widely recognized for their innovation, effective execution and timely completion of major projects around the world. Quatrotec's development and design concepts for In-Line Explosive Detection Systems have been adopted as the "best of breed" standards for deployment of these systems. Quatrotec is recognized as a leading innovator in the rapidly evolving field of RFID system integration into complex conveyance systems within the air transportation industry. About Alien Technology Alien Technology Corporation is a leading provider of Radio Frequency Identification See RFID. (RFID) products for global customers in government, retail, manufacturing, pharmaceuticals, transportation, and other industries. Using its patented manufacturing process, Fluidic flu·id·ic adj. 1. Of, relating to, or characteristic of a fluid. 2. Relating to or controlled by fluidics. Self Assembly (FSA FSA Financial Services Authority FSA Food Standards Agency (UK) FSA Farm Service Agency (USDA) FSA Financial Services Agency (Japan) (R)), Alien manufactures EPC (1) (Entertainment PC) See HTPC. (2) (Electronic Product Code) A standard code for RFID tags administered by EPCglobal Inc. (www.epcglobalinc.org). tags in very high-volumes and at low cost. The company provides a family of RFID readers for a variety of applications including supply chain management, logistics, and anti-counterfeiting, to improve inventory management and reduce operating costs operating costs npl → gastos mpl operacionales . Alien is an active member of EPCglobal. More information about Alien Technology Corporation can be found on the Company's website 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 2005 Alien Technology Corporation. All rights reserved |
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