RFID Toll Transponder Technology

SIRIT SIGNS 5 YEAR AGREEMENT WITH COLORADO’S E-470 FOR US$12.9 MILLION; Sirit reappointed primary provider of UHF RFID toll transponders to E-470 Public Highway Authority ...

... Sirit Inc. (TSX: SI), the leading provider of radio frequency identification (RFID) reader technology, announced today that it has completed a multi-year supplier agreement totaling approximately US$12.9 (CDN $16.0) million with the E-470 Public Highway Authority in Colorado. The agreement calls for Sirit to deliver its UHF RFID toll transponder technology over the next 60 months, the longest supply commitment ever made by a Sirit tolling customer. ...

Founded in 1993, Sirit Inc. (TSX: SI) is a leading provider of Radio Frequency Identification (“RFID”) solutions to customers worldwide. The company designs, manufactures, integrates and sells RFID solutions with an emphasis in several vertical markets including Supply Chain Management, Product Authentication, Asset Tracking, Security and Access Control and Automatic Vehicle Identification. Building upon years of success deploying traditional RFID products, Sirit continues to capitalize on the growing demand for next generation RFID solutions.