QuantumTag and Trolley scan sign licensing agreement

September 2002 News & Events

QuantumTag ID and Trolley Scan announced they have signed licensing agreements that will allow QuantumTag ID to produce RFID systems and components using Trolley Scan's patented RFID technology. The agreement allows QuantumTag to start producing UHF radio frequency identification (RFID) systems comprising of transponders and readers.

Oswald Buchner, managing director of QuantumTag ID stated: 'We will initially be producing a range of different packaged transponders to cater for the needs of the most popular applications. We will be linking up to the software applications currently being sold and supported by Value Added Resellers operating in the IT sector. QuantumTag is also desirous of setting up strategic alliances with system integrators and value added resellers already active in the RFID or bar coding industries."

Mike Marsh, MD of Trolley Scan added: "We are thrilled to be able to welcome QuantumTag ID to our team of licensees. We are especially thrilled that another South African manufacturing company now is also involved, as South Africa has historically played a major role in the technological development of UHF RFID. Trolley Scan have been developing the technology so that 'vision' can be given to computer networks, and licensing QuantumTag is an important step into realising that goal commercially."

For more information: QuantumTag ID, 011 804 2996, [email protected] or Trolley Scan, 011 648-2087, [email protected]

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