New Tags and Readers with New Form Factors and Functionality Design Enhancements
TORONTO, ON and ORLANDO, FL, April 27 /CNW/ - RFID Journal Live - Sirit Inc. ("Sirit") (TSX: SI), a global provider of radio frequency identification ("RFID") technology, today announces the release of the IDentity 4100 fixed position reader and the IDentity 3100 desktop reader to its line of leading UHF reader products. In addition, Sirit releases ten new HF and UHF inlays to its large portfolio of specialized tag designs.
The IDentity 4100 ("ID4100"), a high-performance, fixed position reader has been designed to target applications with extreme conditions offering a superior balance of price and performance. The ID4100 reader can be used in many applications including asset tracking, supply chain systems, access control and parking. The powerful UHF integrated reader and antenna system offers a weather resistant enclosure designed to survive the most demanding temperature and humidity requirements, delivering a high performance solution for the global marketplace.
The IDentity 3100 ("ID3100") is a desktop reader developed for verifying and commissioning a variety of transponder form factors with ease of use and space constraints in mind. The ID3100 offers a compact design featuring an integrated linearly polarized antenna which is powered via the USB connection to a host computer. An optional external power supply is available for extended read/write range.
Both readers offer worldwide regulatory operation, in addition to the extended functionality of the custom command set for NXP UCODE(TM) G2XM and G2XL tags. Additional details and specifications for these new readers are available on Sirit's website at www.sirit.com Sirit is accepting orders for FCC approved versions of the readers for shipment in the second quarter and expects to begin shipment of ETSI approved versions of the readers during the third quarter.
Of the ten new inlay designs, seven are UHF inlays utilizing the latest technology for expanded functionality. The remaining three new inlays are HF products available with 15693 and Mifare(TM) chips designed with a focus on smaller form factors for high value and reusable products. All inlays are available for immediate purchase.
"The introduction of the ID4100 and ID3100 readers plus the new inlay designs continues Sirit's strategy of developing and delivering new products to enhance our core product offering. The addition of these tags and readers to the Sirit product line expands our already best of breed reader portfolio adding worldwide functionality and form factors strengthening the overall Sirit solution," said Norbert Dawalibi, CEO, Sirit Inc.
Sirit will be showcasing its new ID4100 and ID3100 readers and new inlay designs at the RFID Journal Live show this week, April 27-29 in Orlando, Florida, Booth 1427.
About Sirit Inc.
Sirit Inc. (TSX: SI) is a leading provider of Radio Frequency Identification (RFID) technology worldwide. Harnessing the power of Sirit's enabling-RFID technology, customers are able to more rapidly bring high quality RFID solutions to the market with reduced initial engineering costs. Sirit's products are built on more than 15 years of RF domain expertise addressing multiple frequencies (LF/HF/UHF), multiple protocols and are compliant with global standards. Sirit's broad portfolio of products and capabilities can be customized to address new and traditional RFID market applications including Supply Chain & Logistics, Cashless Payment (including Electronic Tolling), Access Control, Automatic Vehicle Identification, Near Field Communications, Inventory Control & Management, Asset Tracking and Product Authentication. For more information, visit www.sirit.com.
Cautionary Note Regarding Forward-Looking Statements
Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except for the statements of historical fact contained herein, the information presented constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian provincial securities legislation. These forward-looking statements relate to, among other things, Sirit's objectives, goals, strategies, intentions, plans, beliefs, expectations and estimates, and can generally be identified by the use of words such as "may", "will", "could", "should", "would", "suspect", "outlook", "expect", "intend", "estimate", "anticipate", "believe", "plan", "forecast", "objective" and "continue" (or the negative thereof) and words and expressions of similar import, and may include statements concerning possible or assumed future results, financial outlook and/or future-oriented financial information. Although Sirit believes that the expectations reflected in such forward-looking statements are reasonable, such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Sirit to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting Sirit's business. Important factors that could cause actual results to differ materially from expectations include but are not limited to: Sirit's ability to achieve commercialization and/or commercial acceptance of its RFID technology; the evolution of, and adoption rate in, the RFID market; changes in Sirit's strategic relationships; Sirit's dependence on resellers, distributors and significant customers; the utility of research and development expenditures undertaken by Sirit; product defects; increased levels of competition; changes in laws and regulations; foreign exchange fluctuations; and Sirit's overall liquidity and capital resources. These and other important risks are discussed in further detail in the section entitled "Risks Factors" in Sirit's Annual Information Form dated March 13, 2009 and in Sirit's management's discussion and analysis found in its 2008 annual report as filed with the securities regulatory authorities in Canada via SEDAR. Although Sirit has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. Sirit does not undertake any obligation to update any forward-looking statements contained in this news release as a result of new information, further events or otherwise. This cautionary statement expressly qualifies the forward-looking information in this news release.
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