RFID Chip Cross-Sell Implications

Cross-selling human implanted RFID chips and financial services may present synergies with a privacy impact. RFID company, Verichip, merger causes some concerns. ...

... "And ahead of the recent merger, VeriChip gave a presentation to investors hinting there would be some cross-pollination between the two sides of the business. " ...

Via Wired: VeriChip Merger

RFID Funding for Growth

Alien Technology achieves a new funding round with its existing investor pool: Advanced Equities, New Enterprise Associates (NEA), Rho Ventures and Sunbridge Partners. ...

... "Despite challenging U.S. economic market conditions, Alien successfully acquired an aggregate $38 million in new funds. Alien’s expected product revenue for its recently completed FY08 grew approximately more than 50% over FY07. Each consecutive quarter in FY08 realized record breaking inlay volume sales, placing FY08 inlay volume growth above 76% over FY07. " ...

Via Alien Technology: - Press Center - Press Releases

RFID Sales Growth: Nashua

Nashua announces quarterly results, bolstered by sales growth in RFID product line. ...

... "The sales growth was fueled by strong sales in the Radio Frequency Identification (RFID) product line, which increased from $581,000 in 2005 to $1.5 million in 2006. Sales growth in the industrial barcode, retail shelf and ticket product lines for the year offset declines in the supermarket and Inform product lines. Margins for the year were negatively impacted by severance and plant consolidation costs due to the closure of the label converting plant in St. Louis, Missouri and consolidation of manufacturing into plants located in Omaha, Nebraska; Jefferson City, Tennessee and a new facility located in Jacksonville, Florida. Pre-tax income for the quarter and year for the Label business was impacted by a one-time $0.6 million impairment expense related to intangible assets. The Company also incurred losses of $0.4 million related to its investment in Tec Print LLC. " ...

PRESS RELEASE Nashua Reports Fourth Quarter and 2006 Year End Results