DENVER, March 27 /CNW/ - RFID, LTD. (OTC:RFDL) today announces execution
of a Distributor Agreement between 3M Company Asset Protection and
Identification business unit Track and Trace Solutions (NYSE: MMM) and RFID,
3M has appointed RFID, LTD as an authorized distributor, able to sell and
promote 3M File Tracking Products to medical, legal, and government offices
throughout the United States 48 contiguous states.
The 3M RFID File Tracking System eliminates unnecessary time spent
searching for misplaced paper files.
"We are very excited about working with 3M and expanding our marketplace
to include High Frequency (HF) RFID solutions," said Nicholas Chavez,
President of RFID, LTD. "There is a tremendous need to move our
paper-document-based customers toward a Radio Frequency Identification (RFID)
document tracking solution and steer them away from the time intensive
physical-sort or bar-coding methods."
RFID technology does not need "line of sight" and therefore can read tags
through some physical obstructions from a greater distance, making helping to
make file locating and inventorying faster and easier.
"RFID, LTD. appears to be uniquely qualified to represent 3M to the U.S.
Government, given their protected HUBZone status which allows them to act as a
'sole-source' supplier for Federal contracts up to $2 Million. We are very
pleased to be working with them," said Joal Storm, Marketing Manager 3M Track
and Trace Solutions.
The 3M RFID Tracking Solution System locates and identifies individual
files via a tiny microchip and antenna embedded in a 3MTM RFID Tracking Tag
that is affixed to each file. As a file moves from central file rooms,
divisions/bureaus, or individual offices, a complete file history is tracked
and can be easily viewed on any network computer. 3M provides a comprehensive,
stand-alone file tracking system or a version which integrates with existing
"We plan to aggressively pursue medical, legal, and government offices to
prove how the 3M RFID File Tracking System helps to expedites inventory
management, scans and stores file locations, identifies misfiled documents,and
finds lost files," notes RFID, LTD. president Nicholas Chavez.
About RFID, LTD.
RFID LTD. (OTC:RFDL) is the world leader in formulating, testing and
deploying vendor neutral radio frequency identification (RFID) solutions for
small to medium sized businesses required to comply with Wal-Mart (NYSE: WMT),
Target (NYSE: TGT), Best Buy (NYSE: BBY) and Department of Defense RFID
All company and product names may be trademarks of the respective
companies with which they are associated.
This news release may include forward-looking statements within the
meaning of section 27A of the United States Securities Act of 1933, as
amended, and section 21E of the United States Securities and Exchange Act of
1934, as amended, with respect to achieving corporate objectives, developing
additional project interests, the company's analysis of opportunities in the
acquisition and development of various project interests and certain other
matters. These statements are made under the "Safe Harbor" provisions of the
United States Private Securities Litigation Reform Act of 1995 and involve
risks and uncertainties which could cause actual results to differ materially
from those in the forward-looking statements contained herein.
For further information:
For further information: RFID, LTD. Jonas Olmsted, 888-600-RFDL
firstname.lastname@example.org or Emerson Gerard Associates Jerry Jennings, 561-881-7318