Allstocks.com's Bulletin Board Post New Topic  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Asia, China and Canadian Stocks » SMY:TSX

 - UBBFriend: Email this page to someone!    
Author Topic: SMY:TSX
AtHomeDad
Member


Rate Member
Icon 7 posted      Profile for AtHomeDad     Send New Private Message       Edit/Delete Post   Reply With Quote 
SamSys Tech (SMSSF.PK) or (SMY)

Moved good toay!
Symbol Price $ Chng % Chng Volume Exchange*
SMY 1.690 +0.250 +17.36 134,645 T

*VN=TSX Venture Exchange, T=Toronto Stock Exchange

--------------------
Veni Vidi Vici

Posts: 529 | From: CA | Registered: Jan 2005  |  IP: Logged | Report this post to a Moderator
AtHomeDad
Member


Rate Member
Icon 1 posted      Profile for AtHomeDad     Send New Private Message       Edit/Delete Post   Reply With Quote 
News out today!

News from Canada NewsWire


SAMSys to Provide RFID Readers to U.S. Government
12:19 EDT Thursday, May 12, 2005


Two SAMSys Resellers Awarded Blanket Purchase Agreements for DoD
Initiative

TORONTO, May 12 /CNW/ - SAMSys Technologies Inc. (SMY: TSX) announced today that two of its value-added resellers have been awarded Blanket Purchase Agreements authorizing the use of SAMSys' new MP9320 v2.8 radio frequency identification (RFID) reader to comply with RFID mandates from the U.S. Department of Defense. The agreements are expected to result in the sale of at least 700 fixed RFID readers from multiple vendors over the next year during the first phase of a long-term initiative to implement RFID technology throughout the DoD's supply chain.

The contracts were awarded to WFI Government Services, Inc., and CDO Technologies, Inc., both SAMSys resellers, as part of the DoD's Passive Radio Frequency Identification Electronic Product Code-1 (RFID EPC-1) project. The project requires DoD suppliers to place RFID tags on all cases and pallets containing products sold to the U.S. military. Multi-protocol passive RFID EPC-1 readers are needed to exchange data with the tags in order to expedite identification and tracking of DoD supplies.

The SAMSys MP9320 v2.8 reader can be purchased from either WFI or CDO under the portion of the project's Item Group Level 2 bid award covering fixed RFID readers. The new SAMSys product meets all of the DoD's requirements in the fixed reader category, including the ability to read both Class 0 and Class 1 tags concurrently without any firmware or software changes, write to Class 1 tags, and support the new EPC Generation Two (Gen 2) standard.

With these capabilities, DoD users who select SAMSys readers will be able to choose RFID tags from a variety of vendors, migrate to the new Gen 2 standard as those tags become available, and utilize Gen 2 tags alongside existing legacy installations.

"The Department of Defense has enormous warehouses with a total of tens of thousands of dock doors, and eventually every one of those doors is going to need a fixed RFID reader," said Cliff Horwitz, chairman, CEO and president of SAMSys Technologies Inc. "These contracts therefore pave the way for both short-term sales and long-term revenue opportunities with the DoD."

The contracts authorizing DoD agencies to purchase SAMSys readers from WFI and CDO were awarded by the Army Contracting Agency Information Technology, E-Commerce and Commercial Contracting Center (ITEC4).

WFI Government Services is a wholly owned subsidiary of Wireless Facilities, Inc., (www.wfinet.com), a San Diego-based independent provider of systems engineering, network services and technical outsourcing. RFID is one of the company's chief areas of expertise, with complete RFID services that leverage the firm's functional understanding of the supply chain and logistics processes with its core competency in data integration and synchronization.

CDO Technologies (www.cdotech.com) is a Dayton-based IT professional services company with core expertise in automatic identification and data capture including RFID solutions. The firm has installed AIDC solutions at over 2,700 sites representing more than 200,000 users, and has a broad client base in the government, commercial and academic sectors.

About SAMSys Technologies Inc.:

SAMSys Technologies Inc. (SAMSys), founded in 1995, is a world-leading provider of radio frequency identification (RFID) hardware solutions and RFID integration consulting services. SAMSys offers a family of products to simplify the installation and ensure the ongoing performance of the overall RFID hardware infrastructure. SAMSys is a public company whose shares are listed for trading on the TSX Exchange under the symbol: "SMY". The Company has a total of 47.6 million shares outstanding. Visit SAMSys at www.samsys.com and www.investorfile.com.

--------------------
Veni Vidi Vici

Posts: 529 | From: CA | Registered: Jan 2005  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share