SOUTH PLAINFIELD, N.J., Aug. 3, 2005 (PRIMEZONE) -- CAPE Systems Group, Inc. (OTCBB:CYSG), a leading provider of software technology for packaging design, pallet optimization, RFID Asset Tracking, inventory and warehouse management, supply chain execution and order fulfillment, today announced that it has established an RFID Test and Integration Center at CAPE's Dallas facility as part of its strategy to provide geographically convenient RFID testing and integration support to its clients across North America.
The RFID Center is being located in Dallas to complement the Company's recently announced New Jersey RFID center and to make RFID services more accessible to companies located in the middle part of the United States. Tackling the problems of the supply chain with cutting edge RFID technologies and services, in which increasing product tracking capabilities and accuracy will be a major initiative of the RFID Center.
Brad Leonard, CAPE's Vice President, Worldwide Sales, stated, "With a growing number of companies such as Wal-Mart, Gillette, Target, Best Buy, Albertsons, Tesco, Carrefours and the U.S. Department of Defense mandating RFID tagging, their vendors are looking for immediate solutions to meet their expanding compliance requirements. Once adopted, users can then address the viability of using this technology to enhance their own internal operations. CAPE's Dallas based RFID Center will complement our New Jersey center and enable customers located closer to Dallas to evaluate and test various proposed solutions to identify those that best suit their needs before investing capital."
About CAPE Systems
CAPE Systems is an international provider of supply chain management technologies. CAPE Systems offers a comprehensive range of software systems and tools, from packaging and pallet optimization software, RFID asset tracking, to integrated warehouse and inventory management solutions, pick-to-light systems, and transportation management systems for enterprise wide and collaborative supply chain optimization. For more information about CAPE visit: www.capesystems.com.
Safe Harbor
Statements about the company's future expectations, including future revenue and earnings and all other statements in this press release, other than historical facts, are "forward-looking" statements and are made pursuant to safe harbor provisions of the Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time. The company's actual results could differ materially from expected results. In reflecting subsequent events or circumstances, the company undertakes no obligation to update forward-looking statements.