TYCO ELECTRONICS AND OATSYSTEMS ANNOUNCE AGREEMENT TO AUTOMATE ASSET MANAGEMENT FOR INDUSTRIAL MANUFACTURERS
HARRISBURG, Pa. & Waltham, Mass. - September 17, 2007 -Tyco Electronics and OATSystems today announced an alliance to offer a RFID solution targeted for industrial manufacturers to quickly realize the business benefits of RFID by automating asset management processes. Asset management across multiple facilities and trading partners has never been more complex. RFID is an obvious solution to automate these processes, but technology adoption has often been hampered due to a lack of proven solutions and by the cost and time of developing, testing and deploying custom applications. Combining Tyco Electronics tag solutions with OATSystems Asset Tracking software will enable businesses to realize an ROI much more quickly. By providing integrated software and hardware solutions, proven at real customers, Tyco Electronics and OATSystems can quickly give industrial manufacturers tangible business benefits such as better control and less loss of reusable assets (shipping containers, for example) and improved supply chain visibility which allows for better planning and improved customer service. Customers can be up and running in weeks, instead of months, enabling them to respond immediately to mis-shipments and delivery errors, increasing both operational efficiency and customer satisfaction. "Clients want hardware and software solutions with the added value experience to bring scalable, low-risk RFID capabilities to their operations," said Eric Freid, Director RFID Solutions at Tyco Electronics. "By working with OATSystems, Tyco Electronics can now offer its customers the best of both worlds: applications from the leader in RFID enabled software and a selection of active, passive and semi-passive tags combined with our extensive services and hardware." "Tyco Electronics and OATSystems are committed to providing integrated RFID solutions, reducing the time-to-value from the shop floor to the corner office," said OATSystems' CEO Michael George. "We are focused on delivering proven solutions that provide benefits out-of-the box, without requiring significant investments in testing, training and infrastructure. Our staff looks forward to our continued alliance with Tyco Electronics and to continue building on its success." For more information on comprehensive RFID solutions from Tyco Electronics, contact Tyco Electronics' technical support center at 1-866-440-RFID (7343).