RFID Solution: RFID, LTD. Announces Six-For-One Stock Split

RFID LTD. (OTC:RFDL) an industry leader for the Radio Frequency Identification (RFID) market, today announced that its Board of Directors approved a six-for-one stock split in which each one share of outstanding common stock will be converted into six shares of common stock.

The record date for RFID, LTD's six-for-one stock split will be Monday, December 11, 2006.

The pay date for RFID, LTD's six-for-one stock split will be Friday, December 15, 2006.

There are approximately 26,070,069 shares outstanding, as of the date of this announcement.

RFID, LTD. president Nicholas Chavez summarized the company's success this way: "The board's action is a reflection of confidence in our industry-leader position for radio frequency identification solutions for the private and public sectors, and in our ability to further that leadership position with our AuthentiChip and BagChip initiatives announced last month. This stock split represents a broadened opportunity for shareholders to participate in the financial success of the company, and reduces shareholders' exposure to share price volatility."

Since the apparent withdrawal of Alien Technology Corporation's IPO on August 4, 2006, RFID, LTD. appears to be the only publicly traded RFID "pure-play" company. The ticker chosen for the IPO of Alien Technology Corporation was (NASDAQ: RFID).

About RFID, LTD.
RFID LTD. (OTC: RFDL) formulates, tests and deploys vendor neutral UHF radio frequency identification (RFID) solutions for small to medium sized businesses required to comply with retail and government RFID-centric mandates. For more information visit http://www.rfid-ltd.com/.