About: Inova Technology
Chairman and CEO of Inova Technology.
Adam Radly is originally from Melbourne, Australia. He studied banking and finance at Monash University in Melbourne but he left in order to start his career before finishing the degree. He briefly worked as a business credit
analyst at Australia's largest bank (National Australia Bank) then established a property development firm (Value Added Investments) in 1994. In 1997 Adam Radly founded a new company called ISIS Communications with approximately $3,000 of credit card debt. Over a period of two years, Adam created two startups and completed six acquisitions for Isis and, in 1999, this activity culminated in a $50 million IPO for Isis. At the time of the IPO, Adam was the founder, CEO and largest shareholder. Under Adam Radly's management Isis provided broadcasting services for several major television networks such as NBC Universal, CBS, and ESPN and developed partnerships with Hewlett-Packard and Sun Microsystems among many others. The Isis startups included some educational software that started to generate
interest in the United States. In order to fund the US expansion in 2000, Adam Radly completed a seconday offering to raise an additional $40 million from several U.S. institutional investors. At one point in time, Fidelity owned 10% of Isis and T Row Price owned 5% of Isis. Isis merged with its largest competitor in 2002 and now focuses on providing large scale entertainment event management services and operates under the name Staging Connections. It most recently announced annual revenues of approximately $170 million.
Adam Radly has completed 16 acquisitions, established several startups and raised more than $100 million for these ventures (as a priincipal - not as an advisor or employee). More recently, Adam has started building Inova Technology where Adam has increased revenue from $400,000 to more than $20 million in three years through a combination of organic growth and acquisition - all done during the recession. Adam has also recently founded the startups Clean Planet Group LLC and the mobile retail
app buisness, Shopinova. A committed philanthropist, Adam Radly co-founded Nelson Mandela Children's Fund Australia and was a co founder and one of the organizers of World Reconciliation Day 2000 (featuring Nelson Mandela). Currently, Adam Radly accomplishes his charitable efforts with the Radly Center, the non-profit organization he launched to assist people in developing nations.
Inova is a leading provider of solutions for mobile technology, asset
tracking, proprietary RFID solutions and large scale network solutions. Inova develops and sells RFID (radio frequency identification) products and services. Inova is focused on developing solutions that prevent counterfeit of luxury goods and pharmaceuticals.
Inova recently acquired RFID company, Right Tag. Right Tag has developed several proprietary RFID products. Customers include Vodafone, Siemens, US Naval Research Laboratory, Lockheed Martin, Intel, BT, Ohio University, and The US Department of Defense.Company Description Inova Technology, Inc. ("Inova" or "the Company") operates in three segments and owns 100% of all subsidiaries: (1) providing information technology (IT) solutions and services through its Edgetech Services subsidiary, (2) providing radio frequency identification (RFID) products through its Trakkers (Montana) and RightTag (California) subsidiaries, and (3) providing network solutions through its Desert Communications subsidiary (Texas).
Our Business Operations and our Proprietary Technologies
Two of our subsidiaries (Trakkers and RightTag) own proprietary technologies.
Adam Radly: "We have two subsidiaries, one called RightTag, and another one called Trakkers. Both of them focus on developing state-of-the-art RFID scanners. With RightTag, for example, we were one of the first in the world to develop a BlueTooth RFID scanner 3 or 4 years ago. But our main product really is the Trakkers scanner. We call it the MI, that's pronounced "me", and this scanner is capable of reading 1D and 2D bar code as well as RFID and also mag-striped cards."
"It's an all-in-one device about the size of an iPhone. If people want to see an image or get more information, they can get it from our website. This device, in addition to reading 1D and 2D bar code, RFID and mag-stripe, also has a GPRS capability which means that any of the data that it reads can be sent over the cell phone network to any location."
"So it's not just wireless over a BlueTooth distance or a WiFi distance, it is wireless over any distance. It is the only product of its kind in the world asfar as we're aware and we're very optimistic about the likely uptake of the product, especially given that it is a unique product that cannot be provided by any of our competitors at this point in time."
Custom RFID Tags
Inova provides custom tags through its subsidiary RightTag. RightTag has developed numerous custom RFID tags for many demanding environments and we are confident that we can develop a tag to meet your specific requirements quickly and and at reasonable cost. RightTag is currently developing full system RFID solutions for many of the large vertical markets. RightTag's future announcements will include solutions in the Health Care, Government and Education RightTag is investing in a strong R&D Team to deliver versatile products in these ever emerging, large and diverse vertical markets. RightTag manufactures RFID (Radio Frequency Identification) equipment and provides RFID consulting. RightTag's RFID product line includes proprietary handheld and desktop RFID scanners, RFID printers, and tags. RightTag has several RFID patents pending Right Tag was the first company to manufacture a 13.56MHz wireless hand-held RFID scanner with Blue Tooth technology. Retail RFID sales will top $7 billion by 2014, according to a report from Frost & Sullivan. The RFID industry should grow to $26.9 billion by 2015 from $1.95 billion in 2005, according to a report by Research and Markets. RFID uses include passports and other ID cards, military, pharmaceutical, hospital patient and vehicle theft tracking, vehicle immobilization, personnel access control and library cataloging. RightTag has more than 200 customers on six continents. Their customers include: Vodafone, Siemens, US Naval Research Laboratory, Lockheed Martin, Intel, BT, Ohio University, and The US Department of Defense.
Czech Hospital Using HF RFID to Track Chemotherapy Drugs
Trakkers has developed "lead tracking" and "lead retrieval" solutions for the trade show industry that use RFID, bar code and mag stripe technologies. These solutions have been internally designed and developed and are proprietary and patent pending . Patent applications have been filed in the USA. We have also filed a European patent application that applies to all European countries that are members of the European Union . While Trakkers' technology is currently being applied to the trade show industry, the technology may be applied to many other verticals, such as Defense, security, mobile credit card processing.
Transforming Technology, One Project At A Time
Founded in 1994, Desert Communications, Inc. (DCI) has become one of the leading technology systems integrators in the Southwest. What started as a small business selling turn-key IT solutions to local El Paso school districts has boomed into a thriving organization now serving the Southwest from Louisiana and Oklahoma to California. In addition to the education market, we provide hardware, software, consulting and support for state and local governments, hospitals and private businesses.
Partnering with some of the industry's leading technology companies, DCI is able to provide a wide range of core technology solutions. As a Premier Cisco Partner and HP Elite Partner, we are able to install complete networking solutions from LAN/WAN, Internetworking, VPN, VoIP, Video, SAN, Archive, Backup and Firewall/Security implementation for small and large networks. As a Novell Gold Partner and Microsoft Reseller, DCI is able to implement file and print server services, application servers, business and administration email and desktop management. We also offer internet solutions including email, proxy services, content filtering, web hosting and DNS services. DCI has provided service and support to over 200 organizations over the last 20 years. We are recognized as a significant technology partner by many organizations, including school districts, government and commercial entities. Our reputation has grown as a result of our commitment to providing our customers with customized services delivered with professionalism, integrity, honesty and skill.
INVA // Desert Com., has a
Backlog of OVER $58 Million in
Awarded & Funded Contracts!!
Shopinova: software invented by Adam that turns iPhones and Android phones into a sales tool for customers when visiting physical retailers. It is in Beta release. Shopniova is a mobile advertising solution that allows physical retailers interact with their customers prior to point of sale in their store.