SAMSys Technologies (fka SMY.M)

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SAMSYS TECHNOLOGIES INC ("SMY-M") - Completes Technical Development Agreement With SCS Corp
SAMSys Technologies Inc., (www.samsys.com) of Toronto, a provider of Radio Frequency Identification (RFID) reader hardware, has signed a Licensing and Technology agreement with SCS Corporation of San Diego, CA, a leading provider of RFID tag and scanner technology, that allows integration of SCS's protocols within SAMSys' multi frequency/multi protocol readers.

"This is a very significant alliance for us," says SAMSys CEO Cliff Horwitz. "Because there's a strong market demand for solutions requiring UHF frequency-based technologies in the RFID arena, we see this agreement as a critical aspect to meet our commitment of providing the highest level of functionality for each application that we are now developing."

"We believe that collaborative market development is key to everyone's success in this industry," adds SCS' president/CEO Jack LeVan. "Since the RFID market is now moving from 'high potential' to 'high opportunity', the RFID industry as a whole must be prepared to share technologies and cooperate on adapting them so that the whole is better than the sum of the parts. That is why we have chosen to work closely with companies like SAMSys to deliver RFID benefits to users' applications on a global basis."

"This agreement with SCS is solid re-enforcement of what we are pursuing in developing applications for mass customization," says Horwitz. "It is one of the results from our recent announcement with International Paper. It represents a paradigm shift as many vendor companies are now re-evaluating themselves to understand how to partner with reader specialists like SAMSys to reach full market potential."

SAMSys in partnership with International Paper is seeking opportunities to deploy smart packaging RFID technologies to enhance data flow within operations of Fortune 500 organizations. Its value-added proposition is to decrease almost $70 billion of waste from inventory irregularities, excessive labor costs and theft in the retail supply chain.

RFID is an electronic labeling system that uses radio frequency to count closely spaced items without the need to separate and scan individual items. RFID consists of a tag and a reader. The reader transmits a signal to the tag, which is a small transceiver. The tag transmits encoded data back to the reader, which logs it via computer. The tag has read-write capabilities, enabling its data to be modified remotely. The system provides greater flexibility over bar-code inventory-control systems because there are no line of sight requirements and physical contact or operator intervention is not required.

About SAMSys Technologies Inc.

SAMSys Technologies Inc., headquartered in Markham, ON, is a leading global developer of Radio Frequency Identification (RFID) reader hardware technology, capable of identifying and tracking RFID tags, smart labels and cards supplied by various manufacturers. RFID is an enabling technology for the next generation of asset protection, item management, inventory control, supply chain management, logistics support systems and financial transaction processing. SAMSys Technologies Inc. is a public company whose shares are listed for trading on the Montreal Exchange under the symbol: "SMY". The Company has a total of 20,353,465 shares outstanding fully diluted. Visit SAMSys at: www.samsys.com and www.investorfile.com.

About SCS Corporation

SCS Corporation is the leading provider of radio frequency identification (RFID) enabling technology to markets requiring fast, accurate and secure item management and identification systems. SCS develops and manufactures low-cost, passive RFID tags and ANSI 256 compliant scanners (readers) that utilize its patented interactive identification communications protocol, which facilitates quick and accurate reading of multiple tags simultaneously with long read range. SCS RFID tags and scanners operating at high frequencies (900 MHz - 2.45 GHz) are ideally suited for use in supply chain management, airline applications, and authentication. Founded in 1992, SCS Corporation, a privately held company, brings low-cost RFID solutions to the "real world." For more information visit http://www.SCS-Corp.com TEL: [phone] x230 Cliff Horwitz, Chief Executive Officer FAX: [phone] Email: [e-mail] Investor Relations: TEL: [phone] Gerry Wimmer, INVESTORFILE.COM FAX: [phone] Toll Free: 1-888-894-8222 Email: [e-mail] Website: www.investorfile.com Media Contact (SAMSys): TEL: [phone] Sheldon Rose, Vice President, Sacke & Associates Email: [e-mail] Company Contact (SCS): TEL: [phone] x102 Jack LeVan, Chief Executive Officer FAX: [phone], [e-mail] Media Contact (SCS): TEL: [phone] Liz Rossin, Porter Novelli Convergence Group FAX: [phone] Email: [e-mail]





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