Published:
Advanced ID Receives Record-Breaking RFID Tire Tag Quote Totaling Over 11 Million Units
Advanced ID (OTCBB: AIDO), after successfully
completing tire tracking tests for ten individual companies in South
America, was asked by a top five tire manufacturer to quote on the
production of over 11 million RFID Tire Tags spread over one year. The
quantity of tags along with the traditional tire manufacturer operations
could mean the incremental sale of several thousand RFID readers as well.
It is anticipated that the order for monthly shipments will start shortly
after the conclusion of a successful final product trial.
"This is a milestone for Advanced ID," stated Michael T. McGrail, Director
of Sales. "We worked hard to get to this point -- it represents the natural
progression of the sales process beginning with identifying a need for RFID
in tires and providing the customer with the qualitative reasons for
building the business case for implementation across key truck tire
manufacturing lines."
Dan Finch, CEO and President of Advanced ID Corporation, gave much of the
credit for the record-breaking quote to NEC Solutions, which is the
distributor for Advanced ID in Brazil. "NEC Solutions has an impressive
client list and an excellent reputation for developing problem-solving
solutions. What's especially significant is the fact that although we are
working with major tire manufacturers in the United States, our first major
order may come from South America. Even though this is a request for
quotation and not yet a purchase order, we are gearing up and expect to be
able to fulfill requirements of one million tire tags per month by the
middle of 2007."
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 Low Frequency (LF) microchip or RFID Tag. Advanced ID's
extensive line of RFID tags can be found at work serving the companion
animal, livestock, biological sciences and transportation industries.
Since 1994 Advanced ID Corporation has been offering a Low Frequency (LF)
product line 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
its line of DataTRAC livestock tracking and traceability products, and
UHF/RFID automotive tire tag applications. Visit the Advanced ID
Corporation website at: www.advancedidcorp.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.
Copyright © 2008, MarketWire
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Tags: ,Agriculture:Livestock, Automotive:Cars, Automotive:Parts and Accessories, ElectronicsandSemiconductors:Micro-electronicsandNanotechnology, ,OTCBULLB,OTCBULLB,OTCBULLB,AB,CALGARY, AB
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