TOKYO, May 19, 2008 (PRIME NEWSWIRE) -- 3rd RFID Solutions Expo -- The Institute for Information Industry (III), one of the world's leading information technology institutes, announced in Tokyo today that they will support SMB's as they seek ways to inexpensively achieve compliance at Sam's Club and Wal-Mart. "The cost of compliance has made it very difficult to achieve an ROI which is slowing down the adoption of RFID technologies in SMBs; as a result we have introduced low cost hardware solutions, offering the use of our testing facilities and collaborating with our sister institute (www.itri.org.tw) which operates the EPC Global testing facility in Hsinchu, Taiwan, to support meeting compliance," said Robert Pimentel, Business Development Manager for III's International Group.
A photo accompanying this release is available at http://www.primenewswire.com/newsroom/prs/?pkgid=5056
III is collaborating with Newport Digital Technologies (NDT) (OTCBB:IFDG) on the distribution and promotions of low cost RFID solutions and products to SMBs by making use of III's channel contacts with Promotions through "Road Shows," major trade events and trade media. "Presently we have over three dozen RFID Pilot and System Integration projects in place which include an RFID POS, RFID Forklift, RFID industrial monitor and a UHF bar code reader to name a few. NDT will showcase these products and solutions at an RFID test center in Bentonville, Arkansas scheduled to open later this year," said Elsie Kao, RFID Program Manager for III. The showroom and test center will showcase RFID products and solutions from Taiwan Manufacturers that incorporate III's value added technologies and or system integration.
III will release an upscale version of a UHF Win CE 6.0 RFID bar code reader, which will have a suggested wholesale price of $1,000, the first at this price in the industry. Also showcased at the RFID Expo in Tokyo last week by III/NDT was an RFID Forklift solution, an RFID Printer and an Industrial RFID UHF Monitor. "The RFID market is expected to grow to $26.88 billion by 2017 from $5 billion in 2007; our strategy is to capture a niche of that growth derived from the approximate 60,000 Wal-Mart and DoD SME suppliers that need a dramatically less expensive 'slap & ship' solution. Through III's RFID SI competencies we intend to work with Taiwan suppliers in capturing a large share of the SMB market and grow upstream with them," said Ike Kashimura, Program Director for Newport Digital Technologies.
About III
III is one of the world's leading information technology institutes and was established in 1979 -- jointly sponsored by the Taiwan government and prominent enterprises for the purpose of strengthening the development of the information industry in Taiwan.
Since its inception, III has been a source of vision, innovation, technological excellence and a major contributor to Taiwan's development into a significant player in the global ICT arena. III has helped promote full utilization of ICT technologies thereby advancing the establishment of a modern information society in Taiwan.
Now with its more than 1,800 professional and dedicated engineers, of which more than 60% possess PhD or Master's Degrees in Computer Engineering and other associated fields, III plays a crucial and pivotal role in Taiwan's Information and Communication Technology (ICT) Industry and is the largest system integration organization in Taiwan.
About Newport Digital Technologies: NDT is a publicly traded company trading on NASDAQ, formed in January 2008 as a wholly owned subsidiary of IFPG. Managed by prominent IT industry executives and consultants for the purpose of supporting III's International Expansion. NDT is a publicly traded company which is traded under Nasdaq ticker symbol (OTCBB:IFDG) www.Newportdt.com
Photo is also available via AP PhotoExpress.
