SmartCode(TM) Corp. Invest $15 Millions in a RFID Center in India, Establishes 18 Additional Partnerships |
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SMARTCODE(TM) Corporation.
245 Park Avenue
New York, NY, 10167
USA
Press release date: January 16, 2007
SmartCode Corp.'s 18 new Partnerships in India and the Company's investment of up to $15 Million in its India RFID center further expands SmartCode Corp.'s global presence as the world's leading RFID Company.
New York, NY. January 16, 2007. SmartCode Corp. - The RFID Company(TM), the world's leading manufacturer of low cost, high performance RFID hardware solutions announced today the establishment of a RFID Center in India, and the addition of 18 new partnerships in India.
The new RFID Center will further expand SmartCode Corp's footprint in the India market and will include Research & Development, Sales & Marketing, and Distribution for the India market. The new RFID Center in India will also cater to the neighboring markets of Sri Lanka, Bangladesh, Nepal and Burma. SmartCode Corp's new RFID Center will join SmartCode's long established presence in the Asian market including China, Japan, Korea, Hong Kong, Taiwan, Singapore, Indonesia and Malaysia.
"SmartCode Corp.'s 18 new partnerships in India further demonstrate our dominance in the Global RFID market and the strong demand we see for our low cost, high performance RFID solutions worldwide" said Avi Ofer, CEO & President, SmartCode(TM) Corp., "With the establishment of SmartCode's new RFID Center in India, we are expanding our global presence to more than 100 countries worldwide, with a combined population of 5 Billion people."
SmartCode Corp. have added the following partners in India:
o TATA Infotech Pvt. Ltd.
o Infosys Technologies Limited.
o BASE Systems Pvt Ltd.
o RapidRadio Solutions Pvt. Ltd.
o Bar Code India Ltd.
o Syrma Technology Pvt Ltd.
o White & Co. Ltd.
o Think Information Resources India Pvt Ltd
o HCL INFOSYSTEMS LTD.
o Rajkamal Bar-scan Systems Pvt. Ltd.
o GRAMTECH (INDIA) PVT LTD.
o Divik technologies Pvt. Ltd.
o Frog Cellsat Pvt. Ltd.
o D.D Marketing Pvt. Ltd
o Bizzness Solutions.
o Asia Technologies Limited
o Shubham Enterprises Ltd.
o InfoPro Corporation.
The Indian market and its one billion plus population, presents lucrative and diverse opportunities for products, services, and commitment. India's infrastructure, transportation, energy, environmental, health care, high-tech, and defense sector requirements for equipment and services will exceed tens of billions of dollars in the mid-term as the Indian economy globalizes and expands. India's GDP, currently growing at around 7 percent, makes it one of the fastest growing economies in the world. Construction of nearly everything from airports to container ports to teleports is setting the stage to remake India.
About SMARTCODE CORP.
SmartCode(TM) Corp. is a world leading low cost, high performance EPC RFID manufacturer with revolutionary, patented, and cost effective RFID manufacturing processes. Our patented technologies enable the manufacturing of very large quantities of RFID tags at a fraction of the cost of today's traditional RFID processes. SmartCode(TM) Corp. introduces a cost-effective approach to dramatically reducing our clients Total Cost of Operation (TCO) thus increasing their Return On Investment (ROI). Highly affordable RFID solutions from SmartCode(TM) enable companies to receive 100% real time visibility of their products across their entire supply chain. SmartCode(TM) Corp. is headquartered in New York, NY with offices in London, Silicon Valley, London, Hong Kong and a R&D Center in Tel-Aviv, Israel.
Learn more about SmartCode Corp. at www.smartcodecorp.com
Contact Information:
Ruth Cohen Director, Media Relations SmartCode Corporation www.smartcodecorp.com Tel. 404-581-5501 Fax. 404-581-5502
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