We are confident that the bar code will be replaced by RFID.
Newport Beach, CA (Vocus) October 28, 2009
Newport Digital Technologies, Inc. announced that is it has become a Lab Sponsor to the University of Arkansas RFID (Radio-Frequency Identification) Research Center at the Sam M. Walton College of Business.
"We are pleased to officially become a sponsor of the University of Arkansas RFID Research Center," said NPDT CEO Gary DeMel. "Our Company has made a commitment to bringing leading edge RFID solutions to market and we are excited to be a part of the leading RFID research center in the world. As we previously announced, Newport Digital has opened up a sales and research and development office in Bentonville, with proximity to Wal-Mart, and we are dedicated to developing strong ties to the University's research center."
"In the future RFID will provide numerous societal benefits including ensuring that your medical history pops up at the nursing desk as you are checked into a hospital. Also, a shopper will know exactly the total cost of everything in her shopping cart as she shops," Mr. DeMel said. "We are confident that the bar code will be replaced by RFID."
"The University of Arkansas RFID Research Center is committed to creating and extending knowledge in RFID utilization and to be an internationally recognized leader in RFID application research," said NPDT CTO and COO Weiling Tsao. "Back in 2003, Wal-Mart asked its top 100 suppliers to begin tagging products at the pallet and case level by January 2005. This program initiated an entire industry centered on production and application of RFID technology. The University and many industry-leading companies, now including NPDT, have joined forces to support a multidisciplinary, neutral, third-party research and testing facility, the RFID Research Center, a sub-unit of the Information Technology Research Institute (ITRI) at the University's Sam M. Walton College of Business."
Said Justin Patton, Managing Director of the RFID Research Center at the Sam Walton College of Business, "We welcome Newport Digital Technologies as a new Lab Sponsor to the University of Arkansas RFID Research Center. They join a long list of Auto-ID technology vendors that have joined the lab with the goal of collaboration to help drive market adoption of RFID and EPC technology."
NPDT is also participating this week in the VICS Conference in Fayetteville, Arkansas to introduce the Company's total RFID Solutions. NPDT will demonstrate its capabilities as a full RFID solution provider. This will include RFID tag programmers, kiosks, mobile computing readers, and tags.
Matthew Jones, Lab Manager, stated, "I am very excited to work with the University of Arkansas Lab through this sponsorship. The University of Arkansas RFID Lab has given me the foundation that I carry into NPDT. I look forward to assisting them in creating and extending knowledge in RFID utilization and its impacts on business and society. I will work with them to make NPDT the most advanced provider of RFID solutions. Our total solutions will provide any company with the most innovative, price competitive, and customer specific integration of RFID equipment and software in today's market."
ABOUT NEWPORT DIGITAL TECHNOLOGIES, INC.
Newport Digital Technologies, Inc. (http://www.newportdt.com) is a technology solutions driven company organized to focus on serving five of the fastest-emerging businesses in the technology space -- RFID (radio-frequency identification), WiMax, eLearning, Digital Signage & LED Lighting and Security & Surveillance solutions. NPDT develops and delivers these technology solutions through strategic collaborations with global partners, including Taiwan Industry and Taiwan's premier technology R&D incubators -- the Institute for Information Industry (III) http://www.iii.org.tw/english and the Industrial Technology Research Institute (ITRI) http://www.itri.org.tw/eng. NPDT will customize these technology solutions and market them through Fortune 1000 channel partners and systems integrators on a worldwide basis.
Safe Harbor: This press release contains certain forward-looking statements with respect to NPDT and its business. Statements that are not historical facts are identified as "forward-looking statements." The words "estimate," "project," "intend," "expect," "believe," "plan," and similar expressions, particularly when used in the "future tense," are intended to identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Information on potential risk factors that could affect the Company's business plans and financial results can be found in the Company's reports filed with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.