UK company invests in Wavetrend

August 2002 News

Frontiers Capital, a UK-based venture capital company has made its first foray into the South African market by investing $1,2 million in Wavetrend Technologies, a provider of wireless identification solutions.

Wavetrend specialises in the research, development and sales of integrated RFID (radio frequency identification) hardware and software solutions for asset monitoring, tracking and management with security and logistics applications. The company has subsidiary offices in South Africa, United Kingdom and the United States as well as numerous business partnerships around the world.

Peter Stokes, a principal of Frontiers Capital, says the primary reason for investing in Wavetrend is because it has leading edge products built around its core proprietary RF technology that address the rapidly growing global demand for active RFID solutions.

A further attraction to Frontiers Capital is Wavetrend's long-standing and committed investment in its South African R&D and manufacturing base. "Rand costs with US dollar revenues is very compelling. Such a business model makes the product very price competitive on a global basis and enables the company to maximise its profitability. A key factor is that owing to the relatively low cost base of its SA-based R&D centre, the company is able to continue to invest in research and engineering projects," says Stokes.

For more information: Wavetrend SA, 011 462 2633,

Share this article:
Share via emailShare via LinkedInPrint this page

Further reading:

Plan your media strategy with Technews Publishing
October 2019 , News
Dear Marketer, Have you ever looked back on a year and wondered how you survived it? For the majority of South Africans, 2019 started benignly enough, cosily wrapped in the blanket of Ramaphoria that ...

The Open Security & Safety Alliance celebrates first anniversary
October 2019 , News
Membership triples within first 12 months; ongoing industry work reduces market fragmentation and friction across security and safety landscapes.

AWS launches Equity Equivalent Investment Programme
October 2019 , News
Amazon Web Services launches Equity Equivalent Investment Programme with the department of trade and industry to help more South African businesses to innovate.

2020 Residential Estate Security Conference in KZN
October 2019, Technews Publishing , News, Residential Estate (Industry)
Meeting the residential security challenges in 2020 and beyond: Hi-Tech Security Solutions will host the Residential Estate Security Conference 2020 in Durban on 12 March 2020.

Kaspersky uncovers zero-day in Chrome
October 2019, Kaspersky , News, Cyber Security
Kaspersky’s automated technologies have detected a new exploited vulnerability in the Google Chrome web browser.

Drones and Digital Aviation Conference
October 2019 , News, Conferences & Events
Drones have opened airspaces for everyone in ways that humans had not imagined; to the extent that there is a drone to almost every kind of problem on earth. Drones already have the ability to increase ...

Hacking group is attacking banks in sub-Saharan Africa
November 2019, Kaspersky , News
Kaspersky security researchers have reported on thousands of notifications of attacks on major banks located in the sub-Saharan Africa (SSA) region.

From the editor's desk: What a year it has been!
November 2019, Technews Publishing , News
We’ve made it to the last issue of 2019. This year has been a tough one for the local security industry with almost everyone feeling the effects of the poor economy that shows no signs of recovery. Naturally ...

Pelco appoints CEO
November 2019 , News
Pelco announced the appointment of Kurt Takahashi as chief executive officer, effective 1 November 2019.

SAST demonstrates first open app store for AI video analytics
November 2019 , News
SAST demonstrated its open IoT platform for video surveillance cameras in September, showcasing real-world examples of the SAST camera operating system and global IoT marketplace.