SAMSys Technologies Inc. (SMY:TSX-VEN) (“SAMSys”), a world leading provider of radio frequency identification (RFID) hardware solutions, today announced it has signed a value-added reseller (VAR) agreement with RFID total solutions provider VerdaSee Solutions Inc. (“VerdaSee”). Under this agreement, VerdaSee will incorporate SAMSys’ readers into their logistics application solutions for the supply chain as well as within their SmartShelf product lines.
“SAMSys chose to partner with VerdaSee because of that team’s extensive experience and proven results in the advanced tracking and tracing field,” says Cliff Horwitz, Chairman and Chief Executive Officer of SAMSys. “We recognize the enormous potential within their areas of focus, and believe that many of the applications they address are ideally suited to RFID technologies. This is another significant agreement for us as we continue to target many markets through a comprehensive network of well qualified VARs.”
VerdaSee specializes in developing a range of high performance tracking and tracing products and services for the healthcare, pharmaceutical, automotive and heavy industrial markets. Specific applications of VerdaSee’s RFID solutions include real-time tracking of customer assets, consumables, industrial tools and testing instrument, and hospital patients.
“VerdaSee’s goal is to develop the optimum RFID solution for each customer’s specific needs that both reduces operating costs and enhances revenue. SAMSys’ technology agnostic RFID readers allow us to enhance our customer offerings with state-of-the-art technology,” said Reuben Vasquez, President and Chief Executive Officer of VerdaSee.
SAMSys offers a selection of reader solutions including standard frequency-specific modules (SAMSys’ SARS family of readers), custom-made application specific reader systems, and OEM modules aimed at providing tailored solutions for a wide variety of supply chain management applications. The comprehensive line of RFID readers spans low frequency, high frequency and UHF, and can support a very broad range of protocols including:
– packaged and ready to use low power readers,
– high power readers for demanding applications,
– smart shelves,
– modules for integration into OEM products,
– RFID reader networks for TCP/IP connectivity, and
– dual frequency readers at 125KHz/13.56MHz and 134KHz/13.56 MHz
About SAMSys Technologies Inc.
SAMSys Technologies Inc. (SAMSys), founded in 1995, is a world leading provider of radio frequency identification (RFID) hardware solutions. In addition to producing RFID reader hardware, SAMSys offers a family of products to simplify the installation and ensure the ongoing performance of the overall RFID hardware infrastructure. SAMSys Technologies Inc. is a public company whose shares are listed for trading on the TSX Venture Exchange under the symbol: “SMY”. The Company has a total of 28.7 million shares outstanding. Visit SAMSys at: www.samsys.com and www.investorfile.com.
About VerdaSee Solutions Inc.
VerdaSee Solutions Inc. develops and sells RFID and RTLS powered total solution products that bring cost effective visibility and clarity to complex supply chains, thus allowing customers to gain substantial leverage from existing and future information system infrastructure. VerdaSee’s standard total solution products focus on cost effective high-performance tracking and tracing for the healthcare, pharmaceutical, automotive, and heavy industrial markets. Visit VerdaSee at: http://www.verdasee.com.
This news release may contain forward-looking information. Actual future results may differ materially from those contemplated. The risks, uncertainties and other factors that could influence actual results are described in documents filed with regulatory authorities.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
SOURCE SAMSys Technologies Inc.
CONTACT: SAMSys Contacts: Media Contact: Becky Porter, Senior Consultant, Maverick Public Relations, (416) 640-5757, [email protected]; Investor Relations Contact: Gerry Wimmer, INVESTORFILE.com, (416) 360-8895, [email protected]; Company Contact: Cliff Horwitz, Chief Executive Officer, (905) 707-0404 x230, [email protected]; VerdaSee Contact: Reuben Vasquez, President & CEO, VerdaSee Solutions, Inc., (847) 265-9441, [email protected]