RFID LTD. Announces ``Tag-Only'' Solution.DENVER -- 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. LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : RFDL) announced today a new, inexpensive compliance solution for small suppliers to the Department of Defense (DoD) and Wal-Mart (NYSE NYSE See: New York Stock Exchange : WMT). DoD announced a phased RFID compliance mandate to the Pentagon's 46,000 suppliers requiring Radio Frequency Identification See RFID. (RFID) tags to be embedded in individual products or product cases and pallets consumed by DoD. Similarly, in 2005, Wal-Mart reported doing business with over 68,000 suppliers worldwide, all of which are required to comply with radio frequency identification (RFID) requirements set forth by the retail giant. "We are responding to the vocalized needs of the small-supplier population by offering a tag-only solution," stated Nicholas Chavez, president of RFID LTD. "This offering enables near immediate compliance without the hassles of a full implementation at a very reasonable cost-per-tag." As an Authorized Radio Frequency Identification (RFID) Specialist with Zebra Technologies (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ZBRA), RFID LTD. is fully qualified to sell, install, and service Zebra's line of industry-leading RFID printers/encoders. Zebra printers will be used to print and encode tags from Alien Technology Corporation for the new "tag-only" offering. Since the apparent withdrawal of Alien Technology Corporation's IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. on August 4, 2006, RFID, LTD. appears to be the only publicly traded RFID "pure-play" company. The ticker chosen for the IPO of Alien Technology Corporation was (NASDAQ: RFID). About RFID, LTD. RFID LTD. (OTC: RFDL) is a world leader in formulating, testing and deploying vendor neutral UHF radio frequency identification (RFID) solutions. All company and product names may be trademarks of the respective companies with which they are associated. Forward-looking Statements: This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion