Contact Information: Contact: Jamie Kress Vue Technology, Inc. 440.543.3486 jkress@vuetechnology.com Jane Carpenter Lois Paul & Partners 781.782.5740 Jane_Carpenter@lpp.com
Vue Technology Wins Consumer Goods Technology Readers' Choice Award
Vue's Item-Level RFID Networking Solution Takes Home Prestigious "Editors' Pick" Award
| Source: Vue Technology
LAKE FOREST, CA -- (MARKET WIRE) -- February 5, 2007 -- Vue Technology, the leading provider of
item-level RFID networking solutions, today announced that Consumer Goods
Technology has selected the company as a Readers' Choice Award winner in
the "Editors' Pick" category. Vue Technology was recognized for its
contributions in helping consumer goods companies make sense of the complex
world of information technology. Vue Technology works with consumer
packaged good manufacturers and retailers to provide unprecedented
visibility into inventory levels, location and authenticity while
eliminating the prohibitive cost barriers previously associated with
item-level RFID roll-outs.
"We are honored to be acknowledged by the editors of Consumer Goods
Technology," noted Robert Locke, CEO of Vue Technology. "Our breakthrough
RFID networking technology enables us to provide proven RFID solutions to
consumer goods manufacturers and retailers looking to reap the numerous
benefits of item-level inventory visibility. Through Vue Technology's
cost-effective item-level initiatives, CPGs can dramatically reduce supply
chain costs while also improving inventory management processes, promotion
execution and new product introductions. For retailers, the benefits
include decreases in out-of-stocks and shrinkage as well as enhanced
customer experience."
Among the most critical challenges facing item-level RFID is the cost
dilemma driven by the large number of readers and antennas required to
track at the item level. Vue Technology is the first company to have
solved this problem with its patent-pending networking approach that
enables standard RFID readers to read across thousands of antennas,
increasing by orders of magnitude the number of zones that a typical reader
can support. This groundbreaking technology delivers unparalleled
visibility throughout the supply chain, providing retail, warehouse, and
manufacturing operations with a true view that describes what items they
have, how many items they have, and where the items are located.
"The Consumer Goods Technology editorial team evaluates innovative
technology providers and chooses to honor those that are really making a
difference in the industry," added Lori Castle, editor of Consumer Goods
Technology. "We selected Vue Technology for their exceptional work and
commitment to the consumer goods market."
The 2007 Readers' Choice Awards are featured in the January issue of
Consumer Goods Technology. Voters are asked to identify and rank the
technology vendors they currently use, and rank their customer experience
using each. Winners are determined by a combined score of sheer number of
votes weighed against customer experience ratings.
About Vue Technology
Vue Technology is the leading provider of item-level RFID solutions,
offering breakthrough RFID infrastructure components and a powerful
software suite that delivers the most scalable, reliable, and ROI-driven
RFID solutions on the market. Vue's TrueVUE RFID Platform provides the
industry's only unified RFID infrastructure that allows customers to manage
dock doors, portals, mobile devices, smart surfaces and smart shelves to
achieve RFID visibility down to the item level.
With its patent-pending RF Networking devices and UHF enabled VUEPoints,
Vue allows standard readers to network across thousands of antennas,
exponentially increasing the number of zones that readers can support and
dramatically reducing the cost barriers previously associated with
item-level RFID roll-outs. Combined with an integrated software suite for
device and network management, EPC commissioning, and RFID workflows, the
TrueVUE RFID Platform is uniquely able to deliver significant and
measurable ROI to its customers. For more information, visit
www.vuetechnology.com.