News | October 21, 2008

Sirit INfinity 510 To Support US Government Passive RFID Applications

Sirit Inc. ("Sirit") (TSX: SI), a global provider of radio frequency identification ("RFID") technology, confirms that its INfinity 510 ("IN510") reader has been included as part of the contract awarded for the implementation of passive RFID solutions under a Blanket Purchasing Agreement ("BPA") by the US Government.

The scope of the contract is designed to enhance systems utilizing RFID within the Department of Defense ("DoD"), United States Coast Guard, other Federal Agencies, North Atlantic Treaty Organization (NATO), Coalition Partners and, other Foreign Military Sales ("FMS"). The objective of the contract is to provide an integrated structure for logistic identification, tracking, locating and monitoring of commodities and assets. The overall contract is for a three year period with a 3 year renewal option, to provide indefinite delivery, indefinite quantity ("IDIQ") of passive RFID equipment and services. Initial projections included in the RFP indicated a requirement for up to 6000 fixed readers over three years. Sirit's IN510 reader will be supplied by Sirit's partners, CDO Technologies, Inc., CODE Plus, Inc., Lowry Computer Products, Inc., ODIN Technologies and SYS-TEC Corporation, who were named suppliers to the Department of Defense contract.

"Sirit is very excited to have been selected to support the many US Government applications. In addition to our high profile partners across Europe, we are experiencing increased support from our partners in North America, who utilize the IN510 as their reader of choice. This key win demonstrates our capabilities and recognizes the IN510 as a world class reader for global RFID installations." said Norbert Dawalibi, President and CEO, Sirit Inc.

About Sirit Inc.
Sirit Inc. (TSX: SI) is a leading provider of Radio Frequency Identification (RFID) technology worldwide. Harnessing the power of Sirit's enabling-RFID technology, customers are able to more rapidly bring high quality RFID solutions to the market with reduced initial engineering costs. Sirit's products are built on more than 15 years of RF domain expertise addressing multiple frequencies (LF/HF/UHF), multiple protocols and are compliant with global standards. Sirit's broad portfolio of products and capabilities can be customized to address new and traditional RFID market applications including Supply Chain & Logistics, Cashless Payment (including Electronic Tolling), Access Control, Automatic Vehicle Identification, Near Field Communications, Inventory Control & Management, Asset Tracking and Product Authentication. For more information, visit www.sirit.com.

SOURCE: Sirit Inc.