TAGSYS Opens Office in Hong Kong - Expands Presence in Asia Pacific, Reinforcing Client Relations in Major Local RFID Projects

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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. TAGSYS, headquartered in France’s Smart Valley with offices in the USA (Doylestown, Pennsylvania) and Asia (Hong Kong and Singapore), 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.

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.

“The opening of the Hong Kong office expands TAGSYS’ strategic plan to broaden its RFID activities in Northern Asia -- focusing on the most rapidly growing regions: China, Hong Kong, Japan, Korea and Taiwan,” said Frederic Noe, Managing Director, TAGSYS Asia. “TAGSYS already has established significant and reliable partner relationships in Southeast Asia through the Singapore office, resulting in prestigious references and projects with high profile clients. Our local presence in Hong Kong will have a dedicated sales and technical team.”

Frederic Noe, who has been developing TAGSYS’ presence in Asia from Singapore for the past three years, brings a wealth of experience in building RFID networks and partnerships throughout Asia.

“We believe Northern Asia will be at the forefront of RFID technology implementation," said Elie Simon, CEO of TAGSYS. "Customer demand for end-to-end item-level visibility continues to rise. Library RFID tagging, a segment in which TAGSYS already holds a commanding lead, will continue to be a growth market in Asia, followed by pharmaceutical and fashion apparel tagging.”

About TAGSYS

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.

For further information, please contact:

Asia Pacific

Sherman Wong

Phone:    +852 2526 7984

Email: sherman.wong@tagsys.net

Europe

Angeline Fraud

Phone: +33 4 91 27 57 56

Email: angeline.fraud@tagsys.net

North America and South America

Ken Reich

Toll Free: +1 877-550-RFID

Email: ken.reich@tagsys.net

Bite Communications

Michael Chin

Phone : +1 212-351-5065

Email: michael.chin@bitepr.com

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