(Montreal, December 10, 2007.) -AbsoluteSKY, Inc. (OTO:ABSY), developer of the
intelliTRACKER(TM) Inventory Tracking solution, will be heading to the National Retail
Federation's 2008 Show in New York this January with a range of new product features,
a growing order backlog and substantial sales funnel, the Company announced today.
"We've made remarkable headway since this time last year," stated AbsoluteSKY's John
Frabasile, President and CEO. "Last year we were introducing our product for the first
time publicly. One year later, intelliTRACKER(TM) has achieved customer acceptance and
is reliably producing accurate results in a store installation. We are also sitting on a growing order backlog, preparing for roll-outs, with a more-than-solid sales funnel.
Needless to say, we're very proud of what is being achieved - and this is only the
The Company highlighted that its sales backlog is building solidly with aggregate orders anticipated to surpass $1 Million soon into the New Year backed by a qualified sales funnel of well over $110 Million.
Beyond the core intelliTRACKER(TM) product suite, which already delivers accurate inventory tracking at the item level in real-time, the Company will be demonstrating
several new powerful features at NRF, such as:
o "tamper alert", a loss prevention feature, that immediately issues an alert when a
tag affixed to an article is being compromised or removed illegitimately. The intelliTRACKER(TM) application uses this alert to immediately notify key personnel (e.g. sound, e-mail, cell call etc), record the event (e.g. article, location, timestamp, picture) and change the inventory status of the item accordingly.
o "product suggestion", a customer service feature, that suggests accessories, colors
or styles to clients in fitting rooms in relation to the tagged item they are trying
o "enhanced zoning", that provides item-level inventory location and status down to
the rack level, again dynamically and in real-time.
About AbsoluteSKY, Inc.
AbsoluteSKY, Inc. (OTO:ABSY) specializes in the design, development and implementation of Radio Frequency IDentification (RFID) based technology solutions that provide real-time item-level inventory tracking for retail customers. Based in Montreal, Canada, the company's business model combines strategic, creative and technical skills to deliver solutions that help its clients achieve their business objectives through the use of AbsoluteSKY's breakthrough technology and extensive knowledge of their business operations. For more information visit: www.absolutesky.ca.