Monday, March 26, 2007

RFID Healthcare Sample-Management Authenticity

Iris International will use SkyeTek RFID solution to enable specimen management for healthcare samples. ...

Iris will use RFID technology to better manage samples

... "Iris will integrate an M2 HF SkyeModule with ReaderWare Security into the iQ200 Urinalysis System that will read data on the RFID-tagged consumable reagent system. With the M2 incorporated, the iQ200 will now be able to check for reagent type, manufacturing date, and authenticity each time the reagent system is used for sample testing. Zebra's R110Xi-HF RFID printer, which also utilizes SkyeTek's M2 as its internal reader engine, will generate an encrypted, tag-specific digital fingerprint and encode it onto the reagent label as it is being printed. " ...


Via SkyeTek: Secure RFID Solution to Enhance Patient Safety

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Sunday, September 10, 2006

RFID Security: NSF Funds Smart Tag Research ...

National Science Foundation, NSF, provides funding to increase the privacy and security of RFID smart tags, through better cryptographics.

... "Strengthened security for smart tags - the wireless devices that allow drivers to zip through automatic tollbooths or pass a security desk with the flash of a card - is the aim of a new initiative that has received $1.1 million from the National Science Foundation. Led by Kevin Fu of the University of Massachusetts Amherst, the researchers are developing much-needed cryptographic protocols, hardware and applications for the increasingly common devices. Millions of consumers already use smart tags—wireless devices that use radio waves to identify and authenticate people and things - and they will become more numerous, says Fu.

Kevin Fu of the University of Massachusetts Amherst investigates RFID smart tag security with NSF funding ...

Smart tags - which include Radio-Frequency Identification (RFID) tags—are already used to track items from library books to merchandise to cattle. Increasingly, they are replacing the magnetic stripe cards used in security badges and mass transit cards, sometimes also serving as electronic cash. The tags will soon be incorporated into documents such as passports; their use is being explored for tracking medical records and prison inmates. But the tags, which also include contactless smart cards and low-resource sensors, are a technology that has crept in from the edge of the Internet and they present new challenges in terms of security and privacy issues, says Fu.

The unique environment presented by smart tags - they can operate without human intervention and without a physically connected power source - presents unique security concerns, says Fu. Smart tags automatically respond to the device that reads them, so human users don't have the traditional means of giving or denying consent to the reader. This infrastructure of untrusted readers and tags requires an approach that preserves privacy while maintaining the flexibility and convenience that the tags offer.

The new consortium, dubbed the RFID ConsortiUm for Security and Privacy (RFID-CUSP), takes these operating conditions into account and is designing new cryptographic definitions, algorithms and models that will lay the solid foundation on which secure applications can be built. As part of their project, the researchers are working with the San Francisco Bay Area Rapid Transit District (BART). The project will result in the first completely open, publicly available software for experimenting with RFID security and privacy. " ...


San Francisco Bay Area Rapid Transit District collaborates to address RFID security ...

UMass Amherst: UMass Amherst-Led Research Will Protect Consumers by Ramping Up Security for Smart Tags

Kevin Fu: "Open cryptanalysis of existing RFID protocols will give assurance in the soundness of reliable RFID technology. At UMass, we are investigating how to build secure RFID-based systems. "

The Sensor Revolution: Industry & Commerce: "Radio Frequency Identification (RFID) stands among the fastest-proliferating sensor technologies. RFID systems combine electromagnetic sensing with radio communications. RFID tags and interrogators can be used to track inventory in a warehouse or collect tolls from moving cars. "

Understanding Contactless Smart Card Technologies and Some of the Leading Reader/Card Product Providers (PDF): "That transmission could then be replayed to a reader to gain access illicitly at some time in the future. In contrast, today’s secure contactless cards and readers (such as XceedID ISO-X and HID iCLASS) employ a myriad of cryptographic techniques. These techniques encrypt data in ways that render it useless to an illicit user. Thus, traditional proximity cards and readers provide inferior communication security when compared to secure contactless smart cards and readers. "

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Tuesday, August 08, 2006

IBM RFID Pharma: Drug License Plate ...

IBM unveils RFID system that creates a digital license plate for drugs through the pharmaceutical supply chain. The system is comprised of software and services that leverage RFID technology to provide unique identification as the item and sku level. The identifier instantly connects the item to the proper pharmaceutical data. ...

IBM RFID system enables the Pharma supply chain ...

... "The system makes it more difficult for counterfeit drugs to get to market, protecting consumers by helping ensure the drugs they receive match the prescription from their physician. With nearly 8 percent of the world's prescriptions proving counterfeit each year, the US Food and Drug Administration has cited RFID as the most promising technology to ensure that the medicine in the bottle is exactly what the doctor ordered. The global pharmaceutical supply chain is highly complicated. From the point of manufacture to the point of sale, drugs can change hands as many as ten times. IBM's software and services are designed to help manufacturers protect product from theft and fraud and avoid replacement costs for product recalls and tarnished brand value. The IBM RFID system for pharmaceutical track and trace uses blended RFID software and services to automatically capture and track the movement of drugs through the supply chain. RFID tags are embedded on products at the unit, case and pallet level and authenticate the product from manufacturer to wholesalers to hospitals and pharmacies. Each tag contains a unique identifier -- like a license plate -- that can be linked back to descriptive product information such as dosage and strength, lot number, manufacturer and expiration date. " ...

IBM RFID Pharma: Drug License Plate: Via IBM: IBM Taps RFID for Pharma Industry ...

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Friday, March 24, 2006

RFID GlaxoSmithKline Technology Test ...

GlaxoSmithKline tests RFID technology on HIV drug to combat counterfeiting. ...

... "GlaxoSmithKline has begun distributing a medicine tagged with radio frequency identification (RFID) technology as part of a pilot project to help protect patient safety. The tags will be placed on all bottles of Trizivir (an HIV medicine) distributed in the United States. When scanned at close range, the tags will help verify that the medicine bottle contains authentic Trizivir. This specific medicine was selected for the project because it has been listed by the National Association of Boards of Pharmacy as one of 32 drugs most susceptible to counterfeiting and diversion. The U.S. Food and Drug Administration (FDA) has asked the pharmaceutical industry to develop standards and pilot processes for RFID that may lead in the next few years to broad adoption and use of the technology. RFID uses a tiny silicon chip and antenna about the size of a postage stamp that is attached to each bottle of medicine. The chip stores a unique product code that reflects information about the drug's manufacturing and shipping history. The product code can be read by pharmaceutical wholesalers and pharmacists using a hand-held or stationary electronic device that is placed within 2-18 inches of the tag. The tag can be read by wholesalers when it is received from the manufacturer and when it is shipped to pharmacies, who would then record when they have received the medicine. This allows manufacturers to more precisely account for medicine as it moves through the distribution chain and to authenticate medicine at the point of dispensing. " ...

RFID GlaxoSmithKline Technology Test: Via GlaxoSmithKline: GlaxoSmithKline begins testing new technology ...

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Wednesday, December 14, 2005

RFID Methodology Drives Item-Level Automation ...

TagSYS introduces RFID methodology to accelerate item-level automated business processes. ...

... "P3: e-Xecute RFID is a consultative step-by-step approach that maps out the entire project roadmap based on customers' objectives for RFID in the manufacturing line and supply chain. Using intellectual property and best practices developed by TAGSYS, P3: e-Xecute RFID takes customers from design through the delivery of a fully integrated infrastructure in as little as three months. With RFID technology maturing and a growing number of item-level initiatives in numerous industries, including pharmaceutical and life sciences, retail, fashion, and close looped sectors like libraries, RFID is increasingly used to automate labor-intensive processes, authenticate and safeguard goods, and enable real-time inventory and asset visibility. Anchored by TAGSYS Reliable, Accurate and Secure (R.A.S.) RFID products, the methodology leverages TAGSYS partner network to take a technology agnostic approach to engineering item-level RFID systems based on a client's specific business requirements. " ...

RFID Methodology Drives Item-Level Automation: Via TAGSYS RFID: TAGSYS Introduces P3: e-Xecute RFID Methodology For Item-Level RFID Evaluation And Deployment ...

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Monday, October 17, 2005

RFID CEO Presents Europe Conference ...

RFID CEO Presents Europe Conference: Via TAGSYS RFID: TAGSYS CEO To Present To World IT and Business Leaders At The Exclusive European Technology Roundtable Exhibition (ETRE) 2005 ...

... " ... international audience of IT and business leaders will learn about how TAGSYS item-level RFID technology is helping customers to protect brand identity, automate-labor intensive processes, authenticate and safeguard goods, and enable real-time inventory and asset visibility. Using customer examples in the pharmaceutical and retail fashion sectors, Simon will emphasize the importance of establishing a clear business case and achieving measurable ROI.

WHO: Elie Simon, CEO of TAGSYS
WHEN: Monday, October 17, 2005 from 2:45 to 2:57 pm

WHERE: InterContinental, Athenaeum IC Athens, Greece " ...

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Monday, September 19, 2005

RFID Automated Document Authentication

RFID Automated Document Authentication: Via Viisage: Viisage Launches RFID Smartchip in Leading Document Authentication Solution; Automated Authentication of ePassports and Smart Cards Provides Border Crossing Agencies with Capabilities to Validate Travelers' Identities ...

RFID capability integrated across automated document authentication product line ...

... "Viisage (NASDAQ: VISG), a leading provider of advanced technology identity solutions, announced the release of contactless smartchip capabilities for its iA-thenticate(R) product line, incorporating RFID (radio frequency identification) capability to authenticate travel credentials across Viisage's widely deployed product set. The integration of RFID into Viisage's iA-thenticate smartchip is expected to streamline border crossing processes, simplify the authentication of identity documents, including both old and new passports, and improve identification and security at border crossings. The Viisage iA-thenticate system is currently deployed at many border crossings, airports and embassies around the world, including such countries as Sweden, Finland, Belgium, Canada and Australia, and at multiple airports in the United Kingdom and the US for the validation of credentials of airport contractors. The combination of the already proven document authentication capabilities with new RFID data capture capabilities is designed to provide border control agents with a higher level of assurance that submitted documents are valid. " ...

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Tuesday, August 09, 2005

Cephalon RFID Pilot: Drug Tracking ...

Cephalon RFID Pilot: Drug Tracking: Cephalon Selects OAT Foundation Suite for Item-Level Drug Tracking Pilot: OAT Foundation Suite Powers RFID Initiative to Drive Supply Chain Efficiencies and Ensure Patient Safety ...

Cephalon pilots RFID drug tracking as products move through the value chain to market. Broader RFID drug tracking implementation is expected, upon conclusion of the pilot period ...

... "OATSystems®, Inc., the recognized RFID framework leader, announced that Cephalon, Inc, an international biopharmaceutical company, has selected OAT Foundation Suite as the RFID software platform for use in a pilot program for tracking branded pharmaceuticals across the supply chain. For the pilot, OAT Foundation Suite will deliver end-to-end visibility of Cephalon’s products as they move across owned and outsourced facilities as well as selected drug wholesaler trading partners. Once the pilot project has proven successful, Cephalon will implement RFID utilizing the OAT Foundation Suite. " ...


OATSystems, Inc. is the recognized RFID framework leader with software that empowers businesses to achieve competitive advantage from radio-frequency identification (RFID). As pioneers in the development of RFID technology, OAT has been setting the standard in RFID for over half a decade and is responsible for industry firsts that include the largest scale and largest scope of deployments, as well as the most innovative approaches to providing enterprise-wide RFID solutions.

Additional resources on RFID pilots for drug tracking:

Purdue Pharma announced that it is placing RFID tags on bottles of the pain reliever OxyContin (oxycodone) to make it easier to authenticate, as well as to track and trace the medication. OxyContin, which is a controlled substance, has been subject to abuse, theft, and diversion. Based on the availability of sufficient RFID tags, Purdue also plans to tag bottles of Palladone (hydromorphone), a newly approved product to treat persistent moderate-to-severe pain.

Nine months after an FDA task force promoted the use of radio frequency identification (RFID) on drug packaging and labeling to prevent fake products from entering the supply chain, agency officials on November 15 announced that at least four pharmaceutical makers are participating in pilot projects or studies to test the effectiveness of RFID in combating counterfeiting.

GlaxoSmithKline [NYSE: GSK) announced that it will begin using radio frequency identification (RFID) tags in the next 12 to 18 months on at least one product deemed susceptible to counterfeiting in order to more effectively monitor its progress from the company to the patient. GSK is partnering in this pilot project with the US Food and Drug Administration, which is encouraging the use of RFID technology to protect American patients from the growing risk of counterfeit and diverted medicines.

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Tuesday, August 02, 2005

RFID Reader Printer Integration ...

RFID Reader Printer Integration: TOSHIBA TEC Europe and TAGSYS Collaborate As Leaders in RFID- Bar Code Printing: Integrated Solution Delivers TAGSYS’ Item-Level RFID Features to TOSHIBA TEC Bar Code Printers ...

... "TOSHIBA TEC Europe, a leading retail and industrial automation solutions provider, today announced it has entered into an agreement with TAGSYS, the global leader in item-level RFID infrastructure, to integrate TAGSYS’ MEDIO™ S003 RFID readers into TOSHIBA TEC’s B-SX bar code printer portfolio. Available immediately, the integrated solution aims to reduce the total cost of ownership for enterprise ICT management infrastructure and guarantees faster time-to-market for bar code printing assets. The collaboration brings together TOSHIBA TEC’s innovative leadership in the bar code printer market and TAGSYS’ proven track record of delivering Reliable, Accurate and Secure (RAS) item-level RFID systems and tags that automate labor-intensive processes, authenticate and safeguard goods, and enable real-time inventory and asset visibility. The integrated solution follows testing for product stability, ease of use and compatibility. " ...


TAGSYS is the global leader in item-level RFID infrastructure. TAGSYS RFID provides RFID systems and tags for end-to-end item-level tracking that automates labor-intensive processes, authenticates and safeguards goods, and enables real-time inventory and asset visibility. With a proven track record of delivering Reliable, Accurate and Secure (RAS) RFID systems and tags, TAGSYS has deployed over 50 million tags and 50,000 reader systems to over 500 customers in more than 40 countries. TAGSYS RFID solutions are currently being deployed in a range of highly specialized vertical markets that include pharmaceutical, fashion apparel, libraries, and textile rental. The company is headquartered in France’s Smart Valley with offices in the USA (Doylestown, Pennsylvania) and Asia (Hong Kong).

TOSHIBA TEC Europe has earned a reputation as a leading manufacturer of retail and industrial information systems through product development that aims to anticipate and uncover potential customer needs, resulting in products that provide real value and benefits to the user. As a total solution provider, TOSHIBA TEC Europe offers a complete package from consulting and system design to system installation, operation and maintenance of point of sale systems, cash registers, scales, barcode printers, peripherals and software information systems. TOSHIBA TEC Corporation has a global turnover of 355 billion yen through 58 offices, employing over 13.000 people. TOSHIBA TEC's majority shareholder is the TOSHIBA Corporation, which provides TOSHIBA TEC with the support of an unrivalled worldwide organisation with a strong presence in four continents.

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Thursday, July 14, 2005

RFID File Tracking Systems Government Contract ...

RFID File Tracking Systems Government Contract: 3M Awarded GSA Contract for RFID File Tracking Systems, Giving Agencies Easy, Low-Cost Access to RFID Systems ...

... "3M has been awarded a five-year schedule contract from the General Services Administration (GSA) for 3M RFID File Tracking Systems. The GSA contract allows 3M to offer federal agencies a simplified process for obtaining its latest RFID (radio frequency identification) tracking products and systems for tracking physical files, at the lowest possible price. These products are listed under GSA contract number GS-25F-0033R. " ...


For more than 30 years, 3M has provided premier security solutions and services that identify, authenticate, secure and track materials and information by combining security and productivity. Drawing on its broad technology base and expertise, 3M creates solutions for a wide array of security needs. Examples include issuance and authentication of travel documents and personal identification cards, brand and asset protection solutions to fight counterfeiting and tampering, file tracking solutions, and library security and workflow management solutions.

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Wednesday, June 15, 2005

Item Level RFID Tagging: Microsoft RFID ...

Item Level RFID Tagging: BT and Microsoft to Deliver Pioneering Implementation of Item-Level RFID Tagging: The two companies are jointly working on an RFID trial.

... "BT and Microsoft Europe, Middle East and Africa (EMEA) announced today that they will be working together to provide an RFID managed service to the retail sector. The new offering combines BT's RFID data management and systems integration expertise with Microsoft's proven experience in data capture and analysis to make it easier for European retailers and their suppliers to adopt item-level RFID technology for pilots or full-scale rollouts. The first customer to take up this managed service is Marks & Spencer. In February 2005, BT was selected by Marks & Spencer as the main contractor to extend the RFID trial in its clothing supply chain. " ...


The Microsoft Smarter Retailing Initiative helps retailers win today by leveraging current investments, and win tomorrow by easing delivery of new retail experiences. Consisting of Smarter Shopping, Smarter Selling and Smarter Operations, the Smarter Retailing Initiative is designed to close the loop between the retailer's strategy, the in-store execution and familiar technologies already in the consumer's hands.

BT Auto-ID Services is a market leader in the provision of complete, scalable and affordable Automatic Identification solutions including RFID and barcoding. As part of the BT Retail business, it combines the resources of a large corporation with the agility and flexible approach of a new technology start-up. The BT Auto-ID Platform managed service is helping customers manage inventory control, increase sales, provide electronic proof of delivery, and comply with mandatory track, trace and authenticate requirements throughout the supply chain.

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Tuesday, June 14, 2005

Mobile RFID Asset Management

Mobile RFID Asset Management: Managing mobile assets without the paperwork: RedPrairie and BT to offer next generation mobile asset management for businesses using the latest RFID technology ...

RedPrarie partners to deliver mobile, RFID-enabled asset management solutions ...

... "RedPrairie, a global leader in technology solutions that drive business process transformation and BT, a global networked IT services provider and market leader in the provision of RFID technology, announced a partnership to offer RFID enabled Mobile Asset Management as a fully managed service. Many businesses operate fleets of high-value mobile assets such as totes, roll-cages, trailers, beer kegs and medical equipment. Keeping track of these assets as they move between sites can be a real headache. " ...


BT Auto-ID Services is a market leader in the provision of complete, scalable and affordable Automatic Identification solutions including RFID and barcoding. As part of the BT Retail business, it combines the resources of a large corporation with the agility and flexible approach of a new technology start-up. The BT Auto-ID Platform managed service is helping customers manage inventory control, increase sales, provide electronic proof of delivery, and comply with mandatory track, trace and authenticate requirements.

For over 30 years RedPrairie has enabled leading global companies to create competitive advantage through supply excellence. RedPrairie’s comprehensive technology solutions provide rapid and sustainable return on investment by optimizing the performance of people, places and processes. RedPrairie provides industry-tailored solutions for diverse markets, including consumer goods, direct to consumer and traditional retail, food and beverage, high tech / electronics, third party logistics, industrial / wholesale, automotive and service parts, and pharmaceuticals.

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Thursday, June 02, 2005

RFID Technology Interoperability ...

RFID Technology Interoperability: TAGSYS Announces Compatibility With STMICROELECTRONICS' High Frequency (HF) ...

TagSyS completes interoperability tests for RFID reader and tag technology ...

... "TAGSYS (www.tagsys.net), the global leader in Radio Frequency Identification (RFID) tags and reading systems for 13.56 MHz item-level tracking and authentication, announced today that the company has completed critical compatibility testing between TAGSYS' MEDIO L100 and L200 RFID readers and STMicroelectronics' LRI chip based labels. The interoperability between the products has been validated under the ISO 18000 standard's defined criteria.The TAGSYS MEDIO L100 and L200 readers are multi-protocol, multi-channel long range RFID readers with read and write capabilities. TAGSYS' readers are based on the company's RAS (Reliability, Accuracy and Security) design and production philosophy that ensures 100% readability of HF tags. STMicroelectronics' LRI contactless memory chips (LRI512 and LRI64) operateat the HF industry standard frequency of 13.56MHz and comply to ISO15693 and ISO18000-3 standards. " ...


TAGSYS, headquartered in France's Smart Valley with offices in the USA (Doylestown, Pennsylvania) and Asia (Hong Kong and Singapore), is the global leader in item-level RFID infrastructure. TAGSYS provides select market sectors with end-to-end item-level tracking RFID systems and tags that automate labor-intensive processes, authenticate goods, protect brand equity and enable real-time inventory.With a global brand presence of over 50 million RFID tags, 50,000 reader systems and 500 customers, taken together with an impressive IP portfolio that includes patented injection moldable "micro-tags" and 3-D RAS (Reliable/Accurate/Secure) Tunnels, TAGSYS has emerged as the world's leading dedicated RFID supplier. TAGSYS is backed by world-class investors and leverages partnerships with leading consulting, middleware and automation / integration companies to address highly specialized vertical markets such as Pharmaceutical, Fashion Apparel, Libraries, Textile Rental (and Commercial Laundries), Induction Cooking, Gas Cylinder Tracking and Cash-in-Transit Tracking. TAGSYS is a veteran participant in the development of RFID standards with international organizations such as ISO and EPCglobal.

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Thursday, May 12, 2005

RFID Asian Market Expansion

TAGSYS Opens New Office in HongKong: Expands Presence in Asia Pacific, Reinforcing Client Relations in Major Local RFID Projects ...

TAGSYS expands its presence in the Asian market for RFID ...

... "TAGSYS, the global leader in Radio Frequency Identification (RFID) tags and reading systems for item-level tracking and authentication, announced today the opening of a new office in Hong Kong to meet the growing demand for RFID implementation in the Northern Asian market. This expansion strengthens TAGSYS' overall presence in the Asia Pacific region. " ...


TAGSYS, headquartered in France's Smart Valley with offices in the USA (Doylestown, Pennsylvania) and Asia (Hong Kong and Singapore), is the global leader in item-level RFID infrastructure. TAGSYS provides select market sectors with end-to-end item-level tracking RFID systems that automate labor-intensive processes, authenticate goods and enable real-time inventory. With a global brand presence of over 50 million RFID tags, 50,000 reader systems and 500 installations, taken together with an impressive IP portfolio that includes patented injection moldable "micro-tags" and 3-D RAS (Reliable/Accurate/Secure) Tunnels, TAGSYS has emerged as the world's leading dedicated RFID supplier. TAGSYS is backed by world-class investors and leverages partnerships with leading consulting, middleware and automation / integration companies to address highly specialized vertical markets such as pharmaceuticals, fashion apparel, libraries, textile rental (and commercial laundries), induction cooking, gas cylinder tracking and cash-in-transit tracking. TAGSYS is a veteran participant in the development of RFID standards with international organizations such as ISO and EPCglobal.

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Saturday, May 07, 2005

Drug RFID Technology Awareness ...

Pharmaceutical Education Associates Speech in 2005

Remarks by Lester M. Crawford, D.V.M., Ph.D., Acting Commissioner of Food and Drugs ...

... "In November, 2004, FDA stepped up its effort by issuing a compliance policy guide to facilitate pilot projects for the use of Radiofrequency Identification (RFID) Technology in the pharmaceutical sector. RFID is the cornerstone technology in the fight against counterfeit drugs because of its ability to track, trace and authenticate packages of drugs. Using state-of-art electronic technology on every product, RFID allows the creation of an electronic pedigree from the point of manufacture to the point of dispensing. An electronic pedigree is a record of all the places where drugs have been and who has had it. It will minimize fraudulent mishandling and mischief to occur to tagged drug products. I announced a few months ago that Pfizer and Purdue Pharma have already joined FDA action in implementing RFID and more are following suit. The FDA expects to see widespread adoption of RFID technology by the pharmaceutical industry by the year 2007. " ...

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Saturday, April 09, 2005

RFID Track Trace Authenticate ...

Drug Importation: The Realities of Safety and Security - U.S. Senate Committee on Health, Education, Labor and Pensions

Testimony of Mr. John Gray, Health Care Distribution Management Association, Reston, VA, President and CEO, ...

... "As those who seek to introduce counterfeit or adulterated products into the supply chain become more sophisticated, so, too, must the technologies that manufacturers, distributors and pharmacies employ to frustrate and defeat them. We believe technologies employing electronic product codes (EPC)/radio frequency identification (RFID) hold the most promise for tracking, tracing and authenticating a product's movement across the supply chain. Using RFID technology, a tiny radio frequency chip containing essential data in the form of an electronic product code will allow supply chain stakeholders to track the chain of custody (or pedigree) of every unit of medication on an individual basis. By tying each discrete product unit to a unique electronic ID, a product can be tracked electronically through the supply chain." ...

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Saturday, April 02, 2005

Dexit RFID Payment Tag ...

Dexit RFID ...

... "Dexit uses sophisticated technology called Radio Frequency Identification (RFID). When your tag is placed on a Dexit reader, signals from the terminal capture information from a microchip inside your tag and securely authenticate the transaction with your account. The Dexit Service is an alternative to cash for your small everyday purchases. Instead of digging through your pockets for change or waiting in line for the bank machine, just use your Dexit tag. The Dexit tag is available in two forms — as a small tag to hang on your key chain or as a phone tag that attaches to your cell phone or PDA. " ...


Dexit Inc. is in the early stages of operating and marketing a new form of electronic payment facilitation service primarily for small transactions (under $25). The instead of cash™ service allows consumers to pay for a cup of coffee, muffin, newspaper or other items by tapping their Dexit tag on a merchant's Dexit reader. In September 2003, Dexit launched its tag and reader service in downtown Toronto with the promotional support of two major Canadian chartered banks - TD Canada Trust and National Bank of Canada - and TELUS Mobility. The two banks and TELUS are among the more than 100 investors who invested more than $11 million in Dexit when it was a private company. The company has received a strong endorsement from Bell Canada, which entered into two license agreements with Dexit in April 2004, under which Bell will be the exclusive Dexit merchant licensee in Canada and a non-exclusive consumer licensee for an initial term of 5 years. Under these agreements, Bell will be arranging for merchants and consumers to utilize the Dexit Service and paying annual license fees and participating in transactions-based revenue sharing arrangements with Dexit. On June 29, 2004, Dexit completed its initial public offering, issuing 4,166,667 common shares at $6 per share. The total number of shares outstanding as at September 30, 2004 was 10,052,167.



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Sunday, March 20, 2005

RFID Drug Supply Chain ...

Prescription Drugs to Get Electronic IDs

... "