|
Intelleflex and Mitsubishi Electric Partner around Extended Memory RFID
Technology
Agreement will position Mitsubishi to address important
emerging applications in Japanese market using Intelleflex technology.
advertisement
Santa Clara, Calif. – March 6, 2007 – Intelleflex Corporation, the
Intelligent RFID Platform Company, and Mitsubishi Electric Corporation
today announced that they will enter into a technology transfer and
license agreement that will enable Mitsubishi to build support for
Intelleflex’s “extended memory” Gen2 RFID tags into its reader products
for use in Japan. This will enable Mitsubishi, which has been granted
these rights on an exclusive basis among Japanese companies for the
three-year term of the agreement, to deliver important new application
solutions, uniquely enabled by the extended capabilities of
Intelleflex’s RFID technology.
Mitsubishi plans to begin delivering reader products developed around
technology secured under this agreement in June of this year.
Intelleflex tags will be available in Japan in the same time frame,
through a variety of business partner channels.
Intelleflex’s tags feature 64k bits of user read / write memory,
protected under sophisticated block security architecture. (Conventional
Gen2 RFID tags typically support only several hundred bits of user
memory.) The ability to store large amounts of information directly in
tag memory is the key to enabling new portable database-powered
applications, including uses in aerospace parts maintenance,
manufacturing work-in-process control, advanced asset management and
intelligent supply chain optimization.
Last year, Boeing selected Intelleflex as the RFID platform supplier
for its intelligent parts marking program on the 787 “Dreamliner”
aircraft, identifying the extended memory feature as critical enabling
technology toward achievement of breakthrough goals in maintenance and
repair operations. The entire “life history” of frequently serviced
parts is stored in the extended memory of Intelleflex’s tag technology.
As a result of the agreement announced today, Mitsubishi will be able to
deliver enhanced reader products in support of this, and many other new
applications in the Japanese market.
“Intelleflex has proven themselves as a market leader in innovative
RFID products and technologies,” said Yokichi Hirota, Senior Executive
Officer and Electronic Systems Group President of Mitsubishi Electric
Corporation. “We see a significant unmet market need for
standards-compatible, feature-rich RFID products for multiple
applications in Japan. Mitsubishi is committed to delivering
best-in-class products to our customers in partnership with Intelleflex
and are excited about offering extended memory UHF RFID with their
Gen2XM product in Japan.”
Richard Bravman, Intelleflex’s Chairman, President and CEO commented,
“We’re delighted to enter into this important partnership with
Mitsubishi Electric. They’re a clear leader in the Japanese market, and
will play a central role in our partner ecosystem there. We look forward
to serving the markets that they will help us to develop and support,
and to the growth that will result from our combined work. I see this
announcement as another validation of the value we’re creating through
the many innovative features of our Intelligent RFID Platform.”
Mitsubishi Electric will exhibit prototypes of the extended memory
RFID technology at IC Card World 2007 in Tokyo, March 6-9, 2007.
About Intelleflex
Intelleflex Corporation’s Intelligent RFID Platform comprises
multi-protocol ICs, tags and readers, providing breakthrough performance
at a breakthrough price within a standards-compliant framework.
Intelleflex tags and readers are designed to deliver unprecedented range
and robust performance, extended capacity user memory, and
application-specific security. Intelleflex is pioneering the next wave
of RFID systems that not only identify, but communicate, remember and
sense. For more information, visit
www.intelleflex.com.
Contact Information
Product Inquires:
Sales@intelleflex.com
408-200-6500
Media Contact:
Tory Klaubo
tklaubo@pr-vantage.com
407-767-0452 x4
Would you like to see your news and articles here? GO>>
InvestorIdeas.com® Disclaimer: Issuers of press releases are solely responsible for the accuracy of the content.
|
