New RFID Developments Discussed By OakRidge CEO ...

New RFID Developments Discussed By OakRidge CEO ...

... This will be an important and exciting year for Oak Ridge Micro-Energy. Our company is at the forefront of a breakthrough in miniature energy storage technology that is being pulled into the market to fulfill the needs of national security, military, medical, and consumer electronics industries. Message 2: I am seeking a company that can produce and has stock of thin film rechargeable batteries approximately 48 X 85 mm X "thin" business card sized these will be used in an active RFID system and the quantities will be approx. 100 thousand units per year initially with a ramp up to 1 million units per year.

Mark Meriwether
President and Chief Executive Officer ...

Oak Ridge Micro-Energy Inc. produces thin film, solid-state batteries for commercial, consumer, industrial, homeland security, government, and medical applications. The Oak Ridge Micro-Energy thin film battery is rechargeable, lithium-based, and the active battery layers are manufactured to be significantly thinner than common plastic wrap. The company's batteries are intended for applications such as wireless smart sensors that operate in harsh environments, security cards, radio frequency identification (RFID) tags, semiconductor non-volatile memory chips, and advanced medical devices. Initial production will target specialized high margin markets. However, continued expansion of the company manufacturing capacity, internally and through partnerships, will allow the company to reduce the manufacturing costs per battery and move into larger markets, such as RFID tags and smart cards. The company maintains offices in Oak Ridge, Tenn. and Salt Lake City.