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Bluehill ID Completes Acquisitions of Multicard and Tagstar

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Bluehill ID AG has announced that it has successfully completed the acquisitions of Multicard AG and TagStar Systems GmbH.

The acquisitions were completed following the approval of the General Assembly of Bluehill ID AG on July 25, 2008 and of the Board of Directors based on a certified capital increase report from the company auditors. The total consideration of the transaction consisted of the issuance of 4'400'000 new shares, as well as a cash payment of CHF 2'276'459 and includes the assignment of loans of CHF 1'490'092 from the sellers to Bluehill. In addition, the transaction includes agreements for earn out payments based on the achievement of sales and profit targets. Bluehill ID expects this transaction to be accretive to earnings in 2008.

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IT Channel Seeing Growth in RFID Projects, CompTIA Survey Reveals

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Information technology (IT) channel companies say their customers are showing more interest in RFID technology, according to results of a new survey conducted by the Computing Technology Industry Association (CompTIA).

The worldwide survey of 155 IT companies found that 46 percent of their customers have implemented one or more RFID solutions, either as pilot projects or production deployments. This is an increase from a 2007 survey, when IT companies reported 34 percent of their customers had initiated RFID projects.

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ThingMagic Online Store Delivers RFID To A Wide Variety Of Applications

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ThingMagic, Inc., a leading developer of RFID technology, announced M5e-Compact, Mercury5e and Mercury4 module Development Kits are available for purchase online at. Each kit provides a complete RFID reader software and hardware solution for testing, prototyping and developing embedded, mobile, portable and handheld RFID applications. With RFID spreading far beyond traditional retail and supply chain applications, the Development Kits address the demand by end users and ThingMagic business partners for easy to use, low-cost development tools. In particular, the new M5e-Compact Development Kit is ideal for creating embedded RFID applications in a wide range of industries including healthcare, legal, transportation, logistics and manufacturing.

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