SMARTCODE Launches World's First 5-cent RFID Tag

SmartCode is the world's leading manufacturer of low-cost, high-performance RFID hardware solutions. It announced at the 2006 RFID Journal Conference that it will soon launch the world's first 5-cent RFID tag.

Avi Ofer, president of SmartCode, said: "The company's launch of the world's first 5-cent RFID tag is of great significance and we are very pleased with this. No other RFID-professional RFID company has launched such a diverse range of LF, like SmartCode. Active and passive RFID solutions, such as HF, UHF, and microwave, can support multiple international standards and can be used throughout the United States, Europe, and Asia.The company is currently in a very advantageous position with billions of dollars in rapid growth. The market continues to maintain its global leading position. The introduction of this 5-cent RFID tag further proves our technical superiority and unique leading position in the market.”

The world’s first 100 million 5-cent RFID tags have provided an important route for the large-scale adoption of RFID. Suppliers such as Wal-Mart, the U.S. Department of Defense, Target, Albertson`s, Tysco, and Metro in Germany now have a reliable source of low-cost RFID tags for tagging pallets, containers, and merchandise. And make sure that the investment in RFID is rewarded.

This historic price has made SmartCode the world’s first company to launch a 5-cent RFID tag and has led the company ahead of any other company in this area. Since the development of the EPC standard in 1999, it has been thought that the RFID-driven market for ROI should achieve sustainable development. The price of the label should be 5 cents. The key is whether it can supply such low-cost labels.

In the past 7 years, the goal of 5 cents was considered to be the real technical challenge faced by the RFID industry. SmartCode is the first company to offer such a label at such a price.

It is generally believed that in the supply chain, RFID will replace the barcode tracking goods. Unlike bar code systems, RFID eliminates the need for line-of-sight or any label positioning, significantly reducing the labor cost of reading each bar code label. Each RFID tag has a unique identification code that stores information about the product, such as product characteristics and production date. Research at the Massachusetts Institute of Technology's Automatic Identification Center (later renamed the Global EPC Center) showed that major manufacturers and retailers around the world have a huge need for this 5-centimeter low-cost RFID tag. The Automatic Identification Center has already estimated the demand for RFID tags on manufacturers and retailers around the world.

About SmartCode Corporation

SmartCode is the world's leading manufacturer of low-cost, high-performance EPC RFID, with innovative, cost-effective RFID patented manufacturing processes. The company's patented technology enables it to manufacture a large number of RFID tags at a production cost that is only a fraction of that of traditional RFID processes. The introduction of this lightweight and profitable approach significantly reduces the overall cost of the user and increases the customer's return on investment. The company provides customers with fully-available RFID solutions that enable customers to achieve 100% real-time visibility of products throughout the supply chain. The company is headquartered in New York, with offices in London, Silicon Valley and Hong Kong, and an R&D center in Tel Aviv, Israel.

Information Sources: