Advanced ID Corporation and Manakoa Security Inc. Announce a Joint Marketing and Technology Integration Agreement on DNA and RFID Ticker Symbol: U:AIDO
CALGARY, AB -- (MARKET WIRE) -- 09/27/06
http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=167036&ProfileId=051205&sourceType=1" target="_blank">http://media.marketwire.com/attachments/200609/285992_aidlogoresized.gifhttp://at.marketwire.com/acc... Advanced ID Corporation (OTCBB: AIDO), a radio frequency identification (RFID) technology provider, has announced a technology and sales partnership with Manakoa Services Corporation, a security technology company with anti-counterfeiting DNA, optical marker technology and tag and trace products for the global security marketplace. The companies have embarked on a unique joint technology undertaking to cross-market their respective technologies to provide a fully integrated product authentication and supply chain integrity system starting with DNA's forensic authentication of individual products in primary packaging labels, papers and inks, linked to advanced RFID on packaging and cartons in the global supply chain.
Advanced ID markets low frequency (LF) RFID microchips, scanners, and its pet identification database as well as ultra high frequency (UHF) DataTRAC(TM) and TireTRAC tags, readers, and trace back management solutions. The target markets are pharmaceuticals, beauty products, automotive and tires, fine art and collectibles, biosecurity, food safety and shipping applications.
While there are many RFID firms in the marketplace, this is the first marriage of molecular biology at the fundamental DNA level, coupled to radio frequency identification of products in the supply chain.
Chris Outwater, President of Manakoa, said, "We are eager to bring a new DNA + RFID integrated security technology to the global anti-counterfeit, anti-diversion marketplace. We can provide multi-layered, seamless integration for corporations. For example, there are scores of RFID paper labels... but there is no DNA RFID paper label."
Dan Finch, President & Chief Executive Officer of Advanced ID, said, "Our ultra high frequency (UHF) RFID technology offers increased data transfer speed, extended read range, comparable pricing to bar code tags and unparalleled reliability in harsh operating environments such as those generally inherent in processing plants. Extending our reach into product and packaging identification with DNA molecular security is a natural extension of our high technology RFID product line. We are excited about this strategic agreement."
About Advanced ID Corporation
Advanced ID Corporation (OTCBB: AIDO) is a complete solutions provider in the radio frequency identification (RFID) market. Since 1994 Advanced ID Corporation has been offering a Low Frequency (LF) product line of over 100 items comprised of RFID microchips, identification scanners, and a proprietary recovery databases. Advanced ID is also a leader in UHF-RFID technology with its line of DataTRAC? livestock tracking and traceability products, and UHF-RFID automotive tire tag applications.
About Manakoa Services Corporation.
Manakoa is a developer and supplier of DNA marking and optical security technology for high value products and brand names that are under siege by counterfeiters. Manakoa provides risk management consulting through product authentication and advanced world-wide tag and trace technologies that provide manufacturers with supply chain fidelity for their products from point of manufacture to final sale.
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.
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