MISSISSAUGA, Ontario, Aug. 28, 2008 (GLOBE NEWSWIRE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its latest spotlight company Advanced ID Corp. (OTCBB:AIDO).
Advanced ID Corporation is a complete solutions provider in the RFID market with a focus on the tire management industry. The company is also a major factor in the tire inspection business through its UK based Pneu-Logic subsidiary. Lastly, the Company is active in the pet recovery business through its AVID Canada subsidiary in Calgary, Alberta, which is reintroducing its livestock tagging product line in several countries and has developed a UHF RFID reader product line for all market applications.
The Company currently supplies over 3,000 organizations such as animal shelters, veterinarians, breeders, government agencies, universities, zoos, research labs and fisheries with RFID devices for companion animals, equines, bovines, llamas, alpacas, ostriches, aquatic species, reptiles, migratory and endangered species. The Company has implanted microchips in over 500,000 animals and currently tracks nearly one million animals in their pet recovery database, while reuniting numerous lost pets with their families each month.
According to research company IDTechEx, the value of the RFID market is likely to rise to $5.3 billion in 2008 from $4.9 billion in 2007. By 2018, the market is forecast to grow five-fold and the number of tags supplied will increase 300-fold, driven by the development of lower cost tags and an installed infrastructure, which will enable high volumes of tagging.
A complete AIDO profile can be viewed at: http://www.allpennystocks.com/aps_us/company_spotlights/archives/aido.asp
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AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and U.S. site to provide investors in Canada, as well as the United States, with informative and unique content and information. AllPennyStocks.com runs weekly penny stocks to watch, has a daily market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTCBB, and much more information for the average investor.
Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Advanced ID Corp. (OTCBB:AIDO); the amount is nine thousand dollars by a non-affiliated third-party, Blue Wave Advisors and another seven thousand two hundred dollars by a third-party, Hermes Capital for its efforts in presenting the AIDO profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/aps_us/company_spotlights/archives/aido.asp.