Oil and Gas RFID Applications: X-Change Corporation Forms Subsidiary Targeting RFID in the Oil & ...

From PR Newswire (press release) ... OTC Bulletin Board: XCHC) today announced that it has formed a new subsidiary that will focus on growing radio frequency identification (RFID) opportunities in ...

The X-Change Corporation (OTC BB: XCHC) is acquiring interests in emerging technology opportunities that it believes will generate significant revenues and return a profit to shareholders. Airgate Technologies, a wholly owned subsidiary, specializes in wireless data management technologies and is developing applications utilized in RFID ("radio frequency identification") deployments. AirGATE Technologies is primarily focused on developing RFID applications that serve the global supply chain, driven primarily by mandates from Wal-Mart and the Department of Defense, including initiatives from epcGlobal, the standards body serving the RFID industry.