September 20th, 2007
INGECOM sells its Active Tag technology to Siemens Switzerland
Siemens Switzerland has selected the Active Tag technology from INGECOM as a base to build up its new product line. By this agreement, INGECOM transfers the IP rights and know how to Siemens, but still maintains development and sales rights of the product.
The active tag market is considered as an emerging market in the RFID area. The technology developed by INGECOM and brought jointly to the market is considered as a step improvement as compared to the traditional products found today on the market. "We find this technology suitable for many of our customer bases – particularly for asset tracking and people tracking applications," says Zeno Staemmer, business development manager at Siemens. "By the acquisition of this technology we are building a product line that shall be globally introduced to the markets."
The INGECOM technology has been carefully evaluated and benchmarked against competing solutions, including the ZigBee. It has proven to be much more power-effective with a longer reading distance and a greater number of connecting nodes. All those advantages would be useless if the cost of the product was not also in the favour of INGECOM's technology, and the operating frequency not available as license free worldwide. The connection time is very low and allows for automatic real time data transmission of the information, crucial to generate reports and trigger alerts.
"We are very pleased about the collaboration between both companies; the engineers are prepared to work together towards one common target. New applications are emerging with the best knowledge from both parts. This is a key factor of success for a long term relationship and a well positioned product range. With this agreement we have again shown our ability to supply RFID products with features above the average." Says Olivier Desjeux, CEO, INGECOM in Switzerland.
INGECOM is designing and producing a whole range of Active Tags. The original concept of those new RFID products brings a breakthrough in the cost to performance ratio. The Swiss company has proven to be successful on different markets, ranging from the supply chain management, all the way to people tracking in hospitals. The innovation is driving this company for which low power is not simply a marketing catch.
About Siemens Switzerland
With more than 7,300 employees, Siemens in Switzerland is one of the country's major industrial employers. In Fiscal 2006, with 3,848 employees, the regional company Siemens Schweiz posted new orders amounting to 1,977 billion Swiss Francs. Its main areas of activity include Industrial Solutions, Information and Communications, Automation and Control, Transportation and also Power and Medical.
This press release in German