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NSAV .0002 Radio Frequency Identification Tagg

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Post# of 145213
Posted On: 04/11/2015 9:06:50 AM
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Posted By: Perform4u
NSAV .0002

Radio Frequency Identification Tagging (RFID)


Several leading companies believe
that RFID is the key to increasing competitive advantage. Sources of advantages include:
• To increase distribution center productivity
• To increase yield per end user, customer or site
• To create a flexible, adaptive supply chain
• To create a cost advantage in logistics


RFID is one of the first new technologies of the millennium. There are a myriad of opportunities to pursue using RFID technology.

As per PR on April 4, 2015:

Quote:
The targeted firm incorporates sophisticated proprietary website and Point of Sale (POS ) systems that are already online and fully functioning in their intended capacity. Mr. Baritz said, “It is an end to end POS system that begins with the production of the products, and provides complete tracking, compliance, accountability, payment and delivery management, and highly sophisticated traceability solutions using Radio Frequency Identification Tagging (RFID) technology that will enable 100% accuracy and accountability throughout the entire POS process. We are also expecting to incorporate a secure mobile application platform of this service to expand the reach through wireless networks to all of the authorized users.”




Quote:
On a related note, Baritz commented, “NSAV is currently engaged in discussions with one of the preeminent leaders and developers in RFID technology, and the content of those discussions are pointed towards adding that leadership to NSAV as a personnel asset on the Board of Directors that will virtually eliminate the trial and error process to allow us to facilitate the rapid introduction of this technology to market.”



NSAV Announces a Letter of Intent to Acquire a P.O.S. Firm in California for Retail and Delivery Industries


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