-- Inventec Appliances Corporation (IAC) is a global leader in smart
handheld devices and Internet appliance solutions, specializing in
multimedia, broadband and wireless technology convergence. With integrated
engineering design and manufacturing capabilities, IAC provides world-
renowned ODM customers innovative products and solutions to address the
latest high-potential market trend -- connected anytime and anywhere. IAC
also markets its own brand OKWAP handsets in the Greater China market.
Headquartered in Wugu Industrial Park, Taiwan, IAC is traded on the Taiwan
Stock Exchange market under ticker symbol 3367.TW. http://www.iac.com.tw
-- LS Industrial Systems Co. Ltd., formerly LG Industrial Systems Co.,
Ltd., is the leader in industrial electric machinery and systems in Korea.
In 2004, LS Industrial Systems designated RFID as one of its core business
areas and built the first and largest RFID tag and reader production
infrastructure in Korea. http://eng.lsis.biz
-- Samsung Ventures America (SVA) is the US operation of Samsung Venture
Investment Corporation (SVIC), the venture capital arm of the Samsung
Group. SVA and SVIC collectively manage over $400 million, tracking closely
to the strategic priorities of Samsung Electronics' and other Group
companies' core operating divisions, and encompassing investments in
semiconductors, displays, telecommunications, and consumer electronics.
http://samsungventure.co.kr/english/index_english.html
-- YFY Group, Taiwan's largest papermaking conglomerate, recently
launched an RFID subsidiary, Yeon Technologies Co., Ltd., providing value-
added UHF RFID services that boost operating efficiency and help companies
keep up with the global trends. http://www.yfy.com
"Continued strategic investment by prominent, global companies is further
validation of Impinj's UHF RFID market leadership position," said Michael
Liard, RFID & Contactless Research Director at ABI Research. "Impinj is
also creating a cohesive RFID ecosystem with investors, RFID infrastructure
providers, other RFID technology developers and end users that enables
further adoption and continued market development."
"This additional investment puts Impinj in an excellent cash position and
will be used for continued development of item-level RFID products and
technologies," said William Colleran, president and CEO of Impinj. "We are
also very excited by the additional business opportunities made possible by
closer relationships with this group of respected and well-connected
companies."
"Impinj's significant contributions to global RFID technology adoption are
impressive," said Brian Kang, managing director of Samsung Ventures. "Our
strategic investment in Impinj represents a strong commitment to the RFID
industry and the innovative companies that are enabling its growth."
In addition to customer successes in the pharmaceutical, food safety and
retail supply chain sectors, Impinj recently delivered a significant RFID
technology breakthrough for item-level tagging of apparel. To date, Impinj
has raised more that $110 million in private funding.
About Impinj, Inc.
Impinj, Inc. is a semiconductor and RFID company whose patented
Self-Adaptive Silicon® technology enables two synergistic business lines:
high-performance RFID solutions and semiconductor intellectual property
(IP). Impinj is the leading technical innovator in developing UHF RFID
solutions for both item-level and supply-chain tagging worldwide. Impinj
draws on its technical expertise and industry partnerships to deliver the
GrandPrix™ RFID solution comprising high-performance tags, readers,
software, antennas, and systems integration. Impinj also licenses
innovative IP products to leading semiconductor companies worldwide,
allowing them to seamlessly integrate crucial nonvolatile memory (NVM)
alongside analog and digital functionality on a single chip. Impinj's IP
products include the popular AEON® family of embeddable cores, which
provide rewriteable NVM technology in logic CMOS manufacturing. For more
information, visit www.impinj.com.
Impinj, Speedway, Self-Adaptive Silicon, GrandPrix, Monza, and AEON are
either registered trademarks or trademarks of Impinj, Inc.
Contact Information: Editorial Contacts: Jim Donaldson Impinj, Inc. 206-834-1091 Lynda Kaye Mango Communications for Impinj 650-799-2888