LAS VEGAS, NV, May 15 /CNW/ - Sirit Inc. ("Sirit") (TSX: SI), a leading
provider of radio frequency identification (RFID) technology, today introduced
its next-generation, IDentity MaX, UHF RFID reader for use in parking and
vehicle access control deployments at the International Parking Institute's
("IPI") Growth 2006 Expo.
The new integrated reader and antenna design delivers solid Automatic
Vehicle Identification ("AVI") performance in single-lane read applications.
With Power over Ethernet capabilities allowing a single cable to carry both
power and data communications, the IDentity MaX is well suited for the most
challenging installation environments. Measuring only ten inches by twelve
inches, the IDentity MaX can deliver read ranges of up to twelve feet
depending on the choice of Sirit IDentity transponder used.
"The IDentity MaX was designed to address market demands for a system
which combines the advanced features from our INfinity series of RFID readers
and the performance characteristics from our existing IDentity ZiP and FleX
systems," said Norbert Dawalibi, President and CEO, Sirit Inc. "With this new
product offering, we believe that we now have a complete suite of best in
class parking and vehicle access control solutions to meet one of the largest
RFID market applications today."
Initial production units are scheduled to begin shipping in early July
2006 and the Company plans to introduce both European and Korean compliant
variations later in the year. The IDentity MaX has been developed to provide
the best price in its class while supporting a variety of tag form factors.
The system is offered with transferable and non-transferable windshield mount
tags, license plate mount tags as well as a new badge design to allow
customers the choice of tag form factor best suited for their environment.
"For years, Sirit has delivered products that push the boundaries of
price and performance to the parking and vehicle access control industry,"
stated John Freund, Vice President, AVI Solutions, Sirit Inc. "Leveraging our
history with RFID technology and with recent advances in design, Sirit is
setting a new paradigm that makes traditional access control technology for
vehicle applications obsolete."
Sirit will showcase the new IDentity MaX as well as its complete suite of
Parking and Vehicle Access Control products at IPI's Growth 2006
Conference/Exhibition, Mandalay Bay Convention Centre (Booth No. 914),
Las Vegas, Nevada May 15 - 17, 2006.
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 12 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 are easily customized to address new and traditional RFID market
applications including Supply Chain & Logistics, Cashless Payment, Access
Control, Automatic Vehicle Identification, 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. 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 which are discussed in the section
entitled "Description of the Business - Risks Factors" in Sirit's Annual
Information Form dated March 16, 2006 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.
