RFID Acquisition: RFID Industry Grows Stronger As Intelligentz Acquires Franklin Wireless
Intelligentz Corporation acquired Franklin Wireless, a Radio Frequency Identification (RFID) solutions provider, this week. This acquisition was a huge step in Intelligentz's expansion into the financial market in order to track assets of financial and secure data. Franklin Wireless will continue to operate under SecurLynx and continue growing their already impressive customer base.
"Joining Intelligentz's innovative team was a natural progression for Franklin Wireless," said Al Franklin, President of SecurLynx. "There isn't another RFID company that has taken such a strong and aggressive position within the industry by providing customers with packaged solutions that see immediate results on investment."
SecurLynx is an extension of Intelligentz's asset tracking continuation patent portfolio and collaborate upon Intelligentz's existing product line including middleware, proprietary hardware designs, as well as inventory management software.
"This acquisition provides immediate access into the financial marketplace and also expands our customer base for the government sector," said Michael T. Lucas, President and CEO of Intelligentz Corporation.
"SecurLynx will help us continue to deliver the most innovative RFID solutions on the market today."
About Intelligentz
Intelligentz has gained a tremendous amount of credibility and traction in the marketplace since the issuance of parent company Unisone Corporation's intellectual property portfolio spanning across 32 countries in February of 2006. Pangaea Systems was acquired by Intelligentz in 2005 and the assets of TradeMotion Software and Parts.com's were acquired in January of 2007 which when combined with the Unisone Patent has become an integral part in Intelligentz's overall growth. The company's flagship inventory management and RFID automation software enables businesses to tag, track, and manage their inventory with real-time monitoring. Inventory businesses become more efficient by providing dynamic visibility up and down the supply chain, thereby improving inventory data collaboration. For more information, please visit Intelligentz's website at www.intelligentz.net.
About Franklin Wireless
Franklin Wireless was founded in 2000 as a Radio Frequency Identification solutions provider. The company's primary function is the development of applications and middleware software that integrates Active and Passive RFID tag technologies as well as biometric products into network or solitary solutions. These solutions may be customized for a client depending on specific application or database needs. The company is comprised of consultants and developers from the computer, biometric and RFID industries. Franklin Wireless provides off-the-shelf solutions into the Asset and Personnel Tracking, Warehouse Inventory, Financial Institution, Supply Chain, Government and Health Care industries. For more information, please visit SecurLynx's website at www.securlynx.com.
SOURCE: Intelligentz