Published: July 12, 2006
Advanced ID Receives 2ND Contract From Goodyear for NASCAR RFID Tags for 2007 Season
Advanced ID Corporation, a Leading RFID Company, Announces Its Second Production Contract With Goodyear to Provide NASCAR RFID Tire Tags
Today Advanced ID Corporation (OTCBB: AIDO)
announced that it has received its 2nd Purchase Order from The Goodyear
Tire & Rubber Company to provide the RFID tags embedded in all the racing
tires used in the 2007 NASCAR season. This includes the Nextel Cup, Busch
and Craftsman Truck series races.
Advanced ID has worked with Goodyear for over a year to develop an RFID tag
that meets the challenging requirements of NASCAR racing, and the Goodyear
Racing Eagle and Wrangler tires used throughout the 2006 NASCAR season have
had embedded Advanced ID tire tags.
According to Dan Finch, President and CEO of Advanced ID, "We are pleased
that Goodyear has chosen Advanced ID to supply their NASCAR RFID tire tags
for the second consecutive year. Our manufacturing partner, the Hana
Microelectronics Group, and Advanced ID are committed to support the
Goodyear NASCAR requirements and in serving the tire manufacturing industry
as RFID tire tags are deployed throughout the world. Goodyear has been very
supportive in the development of the tire tag. This order is instrumental
in the overall goal we announced to become the world leader in the tire tag
industry."
About Advanced ID Corporation:
Advanced ID Corporation (OTCBB: AIDO) is a complete solutions provider in
the radio frequency identification (RFID) market. RFID provides a means for
positive identification and trace-back of objects that have been identified
with a microchip or RFID tag. The Company's subsidiaries are Advanced PET
ID, "The Pet Microchip Company," one of the largest providers of companion
animal identification in Canada, and Advanced ID Asia Engineering Co. Ltd.,
the R&D and Technical Support Company. Since 1994 Advanced ID Corporation
has been offering a low frequency (LF) product line of over 100 items
comprised of RFID microchips, identification scanners, and a proprietary
pet recovery database to the companion animal and biological sciences
markets. Advanced ID is also a leader in UHF/RFID technology with a
complete line of DataTRAC(TM) livestock tracking and traceability products
and UHF/RFID automotive applications. Visit the Advanced ID Corporation
website at: www.advancedidcorp.com
About Goodyear:
Goodyear is one of the world's leading tire companies. The company
manufactures tires, engineered rubber products and chemicals in more than
90 facilities in 28 countries around the world. Goodyear employs about
80,000 people worldwide. For more information on Goodyear, go to
http://www.goodyear.com.
Safe Harbor Statement: Statements in this press release other than
statements of historical fact, including statements regarding the company's
plans, beliefs and estimate as to projections are "forward-looking
statements." Such statements are subject to certain risks and
uncertainties, including factors listed from time to time in the company's
SEC filings, and actual results could differ materially from expected
results. These forward-looking statements represent the company's judgment
as of the date of this release. Advanced ID Corporation does not undertake
to update, revise or correct any forward-looking statements.
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