TagMaster Receives Order for Advanced Asset Management Indicator Tags


TagMaster Receives Order for Advanced Asset Management Indicator Tags

 

Stockholm, Sweden, 27 October 2011 - TagMaster, the leading producer of
advanced RFID technologies for access control, asset management and rail
applications, today announced that it has received an initial order for
a significant Asset Management related installation. The order was
secured from a highly specialised, globally operating German producer of
advanced chemical instruments and solutions. 10,000 TM802 series
customised Pharos tags will be installed to indicate status and store
information of high-value and critical industrial supplies.

The order will use products from the new TagMaster RFIDS™ product range
for Asset management and Environmental monitoring. The Pharos tag is an
active RFID tag which incorporates a light indicator and optionally an
audio indicator which can be used for item level pick-to-light
applications and to show sensor and/or time triggered status alerts. The
tag has a radio range of up to 80 metres and makes use of a high
security protocol in the 2.4 GHz ISM band. Item level pick-to-light is
used for finding objects quickly and to eliminate picking errors.
They're also used for showing expiry status, confirmations and item
maturity. Additionally the tags store up to 30 Kbytes of operation
critical information relating to the asset, which can be retrieved
off-line using handheld readers.

The order also covers the initial supply of 40 TagMaster TM702 series
Celebes RFID readers which include connectivity via Ethernet LAN
networks and Power over Ethernet (PoE). The readers are configured to
pick up status from the Pharos tags and for tag configurations
over-the-air (OTA) using TagMaster's secure protocol.

Bo Tiderman, CEO of TagMaster AB, says: “This is a major breakthrough
for TagMaster's new Asset Management technologies and takes advantage of
advanced tag features such as the tag's calendar-function and status
indication features. The customer has indicated additional orders are
expected throughout 2012 and 2013 for the same project and products.”

The TM802 and TM702 devices form part of TagMaster's new RFIDS™ product
family for Asset Management and Environmental Monitoring and complement
TagMaster's existing RFID portfolios in Access/AVI and Rail
Transportation. TagMaster's RFID and RFIDS™ technologies are already
used in a large number of successful installations around the world.

About TagMaster

TagMaster is an application driven technology company that designs and
markets advanced radio frequency identification (RFID) systems and
information products for demanding applications. Application areas
include vehicle access control, rail bound transportation, asset
management and environmental monitoring. Customers implement TagMaster's
RFID technologies to increase efficiency, security, convenience and to
reduce environmental impact. TagMaster markets and sells its products
via a global network of partners, systems integrators and distributors.
Strategic geographical markets include Europe, Asia and North America.
TagMaster was founded in 1994 and has its headquarters in Stockholm.
TagMaster is a public company and its shares are traded on First North
stock exchange in Stockholm, Sweden. TagMaster's certified adviser is
Remium AB.

www.tagmaster.com (http://www.tagmaster.com/).

For more information, please contact:

Bo Tiderman, CEO TagMaster AB

Telephone: +46 8 632 1950

E-mail: bo.tiderman@tagmaster.com (bo.tiderman@tagmaster.com)

For more information, please contact:

Martin Harnevie, Director Asset Management

Telephone: +60 19 312 9026 ,  +46 70 660 3598

E-mail: martin.harnevie@tagmaster.com (martin.harnevie@tagmaster.com)

 

Attachments