TransCore Celebrates 25th Silver Anniversary Of Company's RFID Technology
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--TransCore, which is the largest global supplier of transportation based radio frequency identification (RFID) products, celebrates the 25th silver anniversary of its RFID technology at the company's Albuquerque-headquartered Amtech Technology Center for research, development, and manufacturing on Saturday, September 13, 2008, at 2 p.m.
TransCore's RFID heritage traces back to the '80s when five scientists at Los Alamos National Laboratory developed RFID technology for two divisions of the federal government: the Department of Energy to track vehicles and nuclear materials and the Department of Agriculture to track cattle and monitor their health. In 1983, Congress encouraged the national laboratories to transfer technology to the private sector so the public could benefit from the investment of research dollars. The development team left Los Alamos to commercialize the technology and founded Amtech, later acquired by TransCore.
TransCore's RFID technology is one of the long-term success stories of New Mexico-based Los Alamos Laboratory's technology transfer program. From this early group with the foresight to recognize the potential of their work, TransCore's RFID technology is now deployed in transportation applications in 41 countries with more than 35 million RFID tags and 55,000 readers distributed worldwide.
Attending the event will be TransCore's Commercial Technology Group President John Worthington, Chief Financial Officer Joe Grabias, and Executive Vice President Operations & Manufacturing George McGraw. The remaining members of the original scientific team will be honored at the event.
To commemorate the occasion and in memory of Rand Brown, one of the original five scientists and Amtech founder who passed away in 2005, TransCore will make a scholarship donation to the University of New Mexico Engineering Department to assist an electrical engineering student.
TransCore's Albuquerque-based Amtech Technology Center, located at 8600 Jefferson NE, employs more than 284 employees. The 75,000 square-foot facility on 8.3 acres houses the research and development teams, manufacturing, and support functions. Also located at Albuquerque's Fiesta Balloon Festival Park is TransCore's world-class test track facility to design sophisticated open road tolling wireless applications.
About TransCore
TransCore's 70-year heritage supporting the transportation industry spans a range of offerings for the toll, traffic management, airport, parking, access control, rail, intermodal, trucking, and homeland security markets. With products and installations in 46 countries, more than 100 patents worldwide, and pioneering applications of RFID and satellite communications technologies, TransCore's expertise is unparalleled in the markets it serves. In 2008, Engineering News-Record (ENR) ranked TransCore No. 98 out of the Top 500 Design Firms. TransCore has more than 2,000 employees in 80 locations throughout the world.
TransCore operates as a unit of Roper Industries. Roper Industries is a market-driven, diversified growth company with trailing twelve month revenues of $2.2 billion, and is a component of the Fortune 1000, Standard & Poor's S&P Mid-Cap 400 and the Russell 1000 Indexes. Roper provides engineered products and solutions for global niche markets, including water, energy, radio frequency and research/medical applications.
For more information, visit www.transcore.com or www.roperind.com.
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