AIDO also working with Goodyear Tire
from older news
Goodyear Tire Co. Launches NASCAR Goodyear Eagle Racing Tires with Advanced I.D. RFID Tags
Tuesday February 21, 8:00 am ET
CALGARY, Alberta--(BUSINESS WIRE)--Feb. 21, 2006--Advanced ID Corporation (OTCBB:AIDO - News), A Leading Radio Frequency Identification/RFID Company announces its Collaboration with Goodyear by Manufacturing the RFID Tag used in all NASCAR Tires for the 2006 Season
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February 17, 2006 - Calgary: Advanced ID Corporation announced today that it has been collaborating with Goodyear Vehicle Systems to develop and manufacture the RFID tags embedded in the tires used in the 2006 NASCAR season. This includes the Nextel Cup, Busch and Craftsman Truck series races. The Daytona race on February 19 will feature the tires with the embedded RFID tag on all the cars.
Goodyear worked with Advanced ID to develop a RFID tag to meet the extremely harsh environment of NASCAR racing. Advanced ID has a production contract with Goodyear to provide the tags for all NASCAR races throughout the 2006 season.
Advanced ID has been working with Goodyear on this program since the middle of 2005. According to Dan Finch, President and CEO of Advanced ID, "We are pleased that Goodyear chose us to collaborate with them on the development and manufacture of their RFID tire tag, and plan to develop an ISO and AIAG standards-based generic tire tag for use by global tire manufacturers."
About Advanced ID Corporation:
Advanced ID Corporation (OTCBB: AIDO - News) is a complete solutions provider in the radio frequency identification (RFID) market. RFID provides a means for positive identification and trace-back of animals or objects that have been identified with a microchip or RFID tag.
The company has realized significant growth in 2005, primarily through the companion animal identification segment; Advanced Pet Microchip, the largest provider of companion animal identification in Canada.
Since 1994, Advanced ID Corporation has offered a product line of over 100 items comprised of low frequency (LF) RFID microchips, identification scanners, and a proprietary pet recovery database to the companion animal and biological sciences markets. Advanced ID Corporation supplies over 3,000 organizations such as animal shelters, veterinarians, breeders, government agencies, universities, zoos, research labs and fisheries with LF RFID devices for companion animals, equines, bovines, llamas, alpacas, ostriches, aquatic species, reptiles, migratory and endangered species. Advanced ID Corporation has implanted LF microchips in over 450,000 animals, currently tracks nearly one million animals in a proprietary pet recovery database, and reunites numerous lost pets with their families each month.
Since 2001 Advanced ID Corporation has been developing and commercializing its UHF line of food-animal and wildlife identification products and systems. Advanced ID Corporation continues to be actively involved with government and industry livestock identification and trace-back projects and pilots in Australia, Canada, China, Argentina, Thailand, Taiwan and the United States.
About Goodyear:
Goodyear is the world's largest tire company. Headquartered in Akron, Ohio, the company manufactures tires, engineered rubber products and chemicals in more than 90 facilities in 28 countries. It has marketing operations in almost every country around the world. Goodyear employs about 80,000 people worldwide.
Safe Harbor Statement: Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs and estimate as to projections are "forward-looking statements". Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially from expected results. These forward-looking statements represent the company's judgment as of the date of this release. Advanced ID Corporation does not undertake to update, revise or correct any forward-looking statements.
