Business
Sirit Awarded US$2.0 million RFID Transponder Contract
Sirit Awarded US$2.0 million RFID Transponder Contract.
About this update from Torq Resources Inc.
[{"type":"text","content":"\n\n\n\nTORONTO, April 3 /CNW/ - Sirit Inc. ("Sirit") (TSX: SI), a leading\nprovider of radio frequency identification ("RFID") solutions, announced today\nthat it has secured an order totaling US$2.0 million from the Orange County\nTransportation Authority ("OCTA") in Southern California. The contract calls\nfor Sirit to deliver its UHF RFID transponder technology over the next\n3 years, with deliveries to commence in Q2 2007.\n\n\n"We are very pleased to be considered by the OCTA as their supplier of\nchoice for UHF RFID transponder technology," stated John Freund, Vice\nPresident, AVI Solutions, Sirit Inc. "Our product performance, customer\nservice and dedication to the needs of our tolling customers enable agencies,\nsuch as the OCTA, to place their confidence in Sirit and our products."\n\n\n"The OCTA is utilizing Sirit's technology on the SR-91 Riverside Freeway\nExpress Lanes in Southern California. We continue to receive quality products,\nsoftware services and technical support from Sirit, which gives us the\nconfidence to renew our agreement for the following three years," added Kirk\nAvila, 91 Express Lanes General Manager.\n\n\nAbout Orange County Transportation Authority\n\n\nThe Orange County Transportation Authority (OCTA) is a multi-modal\ntransportation agency serving Orange County. We keep Orange County moving with\ncountywide bus and paratransit service, Metrolink commuter-rail service, the\n91 Express Lanes toll facility, freeway, street and road improvement projects,\nmotorist aid services and by regulating taxi operations.\n\n\nAbout Sirit Inc.\n\n\nSirit Inc. (TSX: SI) is a leading provider of Radio Frequency\nIdentification (RFID) solutions worldwide. Harnessing the power of Sirit's\nenabling-RFID technology, customers are able to more rapidly bring high\nquality RFID solutions to the market with reduced initial engineering costs.\nSirit's products are built on more than 13 years of RF domain expertise\naddressing multiple frequencies (LF/HF/UHF), multiple protocols and are\ncompliant with global standards. Sirit's broad portfolio of products and\ncapabilities are easily customized to address new and traditional contactless\nmarket applications including Near Field Communication, Supply Chain &\nLogistics, Cashless Payment (including Electro...