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EPCglobal US RFID Experts Available for Comment.

LAWRENCEVILLE, N.J. -- EPCglobal US:
To: Business/Features Editors

Topic: Radio Frequency Identification (RFID)

From: EPCglobal US


Radio Frequency Identification (RFID) is one of the hottest technologies around and its potential benefits range from vastly improving business processes and the global supply chain to enhancing security and preventing counterfeit drugs.

Although RFID is not a new technology, the potential impact for businesses and consumers is unlimited as new applications begin to appear. RFID has the potential to be as ubiquitous as the barcode.

The general public still has limited knowledge of RFID and its benefits. That limited knowledge has contributed to privacy concerns surrounding RFID.

EPCglobal US is an industry standards organization that is helping to commercialize the use of RFID technology. We work with companies to help improve visibility throughout their supply chain -all the way from the manufacturing floor to the distribution center and finally to the store shelf. More than 800 of the world's leading corporations are part of a global community working to develop standards for companies to implement RFID into their business processes.

Aerospace, Pharmaceuticals, Chemical, Transportation & Logistics, and Retail are some of the 51 industries that are working with EPCglobal US to see how RFID can help their businesses. And companies are beginning to see the return on investment that RFID can deliver.

Wal-Mart has realized a 16 percent reduction in out-of-stock items due to the ability to track products and determine if they are on the shelves.

RFID technology will help airlines reduce costs and increase efficiencies by managing part maintenance and repair histories. Boeing will be tagging parts of its new 787 Dreamliner(TM).

If you are planning a story on RFID and business applications, EPCglobal US has many experts who can talk about:

--business and consumer benefits of RFID,

--technical aspects,

--privacy issues and how the industry is responding.

Interviews are available upon request.

About EPCglobal US

EPCglobal US(TM) is a subsidiary of GS1 US(TM) (a not-for-profit organization) serving subscribers in the United States to help foster the adoption of the EPCglobal Network(R) and related technology. The EPCglobal Network combines Radio Frequency Identification (RFID) technology, existing communications network infrastructure, and the Electronic Product Code(TM) (a number for uniquely identifying an item) to enable accurate, cost-efficient visibility of information in the supply chain. The end result helps organizations be more efficient, flexible, and responsive to customer needs. For more information about EPCglobal US, please visit www.EPCglobalUS.org
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Publication:Business Wire
Date:May 24, 2006
Words:410
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