Progress Software Customer BGN Wins Prestigious RFID Visionary Award at 2006 RFID Breakthrough Awards.BGN BGN In currencies, this is the abbreviation for the Bulgarian Lev. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 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. Matthijs Van Der Lely Recognized for Leadership in 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. Community BEDFORD, Mass. -- Progress Software Corporation (Nasdaq: PRGS PRGS Phosphoribosylglycinamide Synthetase ), a provider of leading application infrastructure software to develop, deploy, integrate and manage business applications, today announced that Matthijs Van Der Lely, chief executive officer of Boekhandels Groep Nederland (BGN), the Netherlands' largest book retailer, has been awarded the RFID Visionary Award for 2006 at the RFID Breakthrough Awards. Earlier this year, BGN made a significant breakthrough in remote store automation with the deployment of item-level RFID (Radio Frequency Identification See RFID. ) as part of an SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records. (2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability. (service oriented architecture) suite of applications all built with Progress application infrastructure technology. This item-level RFID deployment generates dramatic labor savings, reduces inventory reconciliation costs, improves stock control, enhances visibility into supply chain operations, increases shopper "basket size," and enriches the overall shopper experience. The 2006 RFID Breakthrough Awards, which were presented at a prestigious gala dinner at The Banqueting House, Whitehall
The Banqueting House is the only remaining component of Whitehall Palace, and is found at the Trafalgar Square end of Whitehall, London. , London on November 8, celebrate the achievements and reward the successes of those using RFID technology across the world. Nominations for this year's awards were received from six continents and were from a wide range of industry sectors, including retail, libraries, logistics, healthcare, construction and aviation. The Awards were judged by a panel of RFID thought leaders including Dr. Gerd Wolfram wolfram: see tungsten. , the driving force behind Metro Group's RFID-enabled Future Store in Germany; Nigel Montgomery, head of European Research, AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12. Research; Chris Rezendes, vice president of Venture Development Corporation and Ivano Ortis, program manager for IDC European Vertical Markets. "While we are honored by the awards and accolades BGN has received, what makes us most proud is the fact that we have been able to use RFID technology to better serve our customers," said Matthijs van der Lely, CEO of BGN. "The results are so good that we are expanding our item-level RFID implementation into our other stores across the Netherlands. We believe that item-level RFID delivers real business value to our business and has a brilliant future." "We're incredibly proud to be associated with BGN and its multiple-award-winning implementation of RFID at its Selexyz-branded store," said Peter Jansen, regional director of Progress Software Benelux. "BGN has not only demonstrated visionary use of RFID, but it has also shown innovative application of SOA and event processing technology in its use of Progress[R] application infrastructure. Our hats are off to BGN." In addition to this RFID Breakthrough Award, BGN was recently recognized in the Netherlands with the Torex Retail ICT (1) (Information and Communications Technology) An umbrella term for the information technology field. See IT. (2) (International Computers and Tabulators) See ICL. 1. (testing) ICT - In Circuit Test. Award and by InfoWorld magazine as one of the 100 most significant IT projects of 2006 in IDG's InfoWorld 100 Awards. About Progress Software Corporation Progress Software Corporation (Nasdaq: PRGS) provides application infrastructure software for the development, deployment, integration and management of business applications. Our goal is to maximize the benefits of information technology while minimizing its complexity and total cost of ownership. Progress can be reached at www.progress.com or +1-781-280-4000. Progress is a registered trademark of Progress Software Corporation in the US and other countries. Any other trademarks contained herein are the property of their respective owners. |
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