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SMARTRAC signs purchase agreement to acquire business of HEI Inc.’s RFID division

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SMARTRAC signs purchase agreement to acquire business of HEI Inc.’s RFID division and will start production of RFID components in the U.S.

The Dutch company SMARTRAC N.V. (stock abbreviation SM7) announced today that it has signed a purchase agreement with the U.S. company HEI, Inc. to acquire substantially all of the assets of HEI RFID, a division of HEI, Inc. SMARTRAC intends to start local U.S. production of RFID components under SMARTRAC Technology US Inc., a Delaware company and wholly owned subsidiary with operations in Chanhassen in the U.S. state of Minnesota.

 

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Intelleflex Increases Production of Next-Generation RFID Tags

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 Intelleflex Corporation, the Leader in Extended Capability RFID, today announced its strategic partnership with Pimatronics Ltd., a Hong Kong-based electronic manufacturing services provider with a volume production facility in China, to fabricate its line of next generation extended capability RFID tags. This partnership reflects Intelleflex’s latest step in building a highly-efficient supply chain with the ability to deliver high volume, quality products to the RFID industry. Intelleflex’s tags provide capabilities far beyond those of traditional passive RFID tags, at a fraction of the cost of active RFID.

With a flexible, high quality, automated production process utilizing the latest assembly technologies, Pimatronics offers an ideal RFID tag assembly and test solution. Based on an accredited ISO9001:2000 process, Pimatronics matches high quality with a high volume capacity, capable of producing over one million tags per month.

 

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SCHMIDT RFID Debuts World's First RFID Smart Retail System in Hong Kong

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SCHMIDT RFID, a leading Hong Kong RFID solution provider, has announced the launch of the world's first Smart Retail System. The new system uses Radio Frequency Identification (RFID) technology and sophisticated software to offer customers a unique and innovative shopping experience.

The Smart Retail System (SRS) has been successfully deployed in two “mi-tu” stores in Hong Kong allowing the popular Italian-style fashion brand to give customers real-time mix-and-match style advice either in the store in front of a special Smart Dressing Mirror or while trying clothes on inside an interactive fitting room.

“The SCHMIDT RFID SRS is a milestone for retail businesses benefiting from RFID technology and creating a new era for retailing,” said Matthew Man, General Manager of SCHMIDT RFID. “Benefits will be obvious to both customers and stores when the SCHMIDT Smart Retail System is deployed.”

 

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