News Facts:
- Omni-ID, the leading supplier of
high-performance passive UHF RFID tags, today announces the establishment
of a new subsidiary, Omni-ID High Science & Technology Co., Ltd. located in
Qingdao, China, within the Qingdao Export Processing Zone
(QDEPZ).
- This new subsidiary, which includes a manufacturing facility, will
allow Omni-ID to take control of its own world-class supply chain, thereby
improving time to market and overall production capacity. The establishment
of this subsidiary is a direct result of increased market demand for
Omni-ID's high-quality, specialty passive RFID tags.
- As the business benefits and adoption of RFID become rapidly realized
on a global scale, suppliers need to be responsive to customer needs and
changes within the market. The Omni-ID China subsidiary will allow for a
greater level of control over Omni-ID's supply chain, resulting in an
increased production capacity, improved quality, flexibility and timely
delivery to meet the fast growing market demand for Omni-ID products and
services.
- The Omni-ID subsidiary will be solely dedicated to the production,
assembly and QA of Omni-ID's leading passive UHF RFID product line of tags
and services, including a rapid product prototyping capability.
- Located in the heart of the Qingdao Export Processing Zone within the Chengyang district, the Qingdao site offers a cost effective location and a logistics infrastructure with close proximity to an international airport, one of the largest seaports in the world, and around-the-clock customs processing. The establishment of its new subsidiary in China is a part of Omni-ID's brand and global expansion strategy to meet RFID market requirements and growth.
- "As a national model district for science and technology development,
Chengyang is an exceptional place for innovative, technology companies like
Omni-ID to invest and produce high tech products," said Li Guixi, Vice
District Governor of Chengyang Municipal Government. "We welcome Omni-ID
and look forward to the success they will experience as they take full
advantage of the business benefits the Qingdao Export Processing Zone
(QDEPZ) offers."
- "The significant adoption of our RFID tags and resulting rapid growth
for Omni-ID has opened the door for our further expansion. Our new
subsidiary will allow us to offer additional value, quality and capacity to
our customers at a very early stage in the history of our Company," said Tom
Pavela, President and CEO, Omni-ID. "Establishing the manufacturing
facility in Qingdao is a strategic move for even greater control over our
supply chain and product development, so that Omni-ID can bring to market
RFID solutions that rapidly, flexibly, and cost effectively serve our
customers and partners."
- "Omni-ID's plans of initiating a subsidiary to manufacture its products in Qingdao, China is seen as a strategic move toward not only expanding its presence and business capabilities within the Asia Pacific region as a whole, but also as a thrust towards strengthening its in-house capabilities of product development, quality management and better flexibility to cater to a myriad of customer requirements swiftly," said Richard Sebastian, Automatic Identification - RFID, Research Analyst of Frost & Sullivan. "This is testament to Omni-ID's success in the RFID ecosystem in producing specialized passive UHF tags which has seen the company grow by leaps and bounds over the last 24 months."
Omni-ID is the leading supplier of high-performance passive UHF RFID tags that deliver near-perfect read rates on, off and near metals and liquids. Using a fundamentally different approach to RFID design, Omni-ID created a patented technology structure that allows for continued innovation and product development. Omni-ID has built a global partner ecosystem with leading RFID technology companies to deliver complete RFID asset tracking, supply chain management, work-in-process and cargo and container tracking solutions. To complement its product line, Omni-ID has a full service bureau offering to ensure efficient and seamless deployment of RFID implementations. With offices in Foster City, Calif. and in the UK, along with a manufacturing facility in China, Omni-ID's mission is to drive the widespread adoption of RFID technology as the optimal tracking and identification solution. For more information, visit www.Omni-ID.com.
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