Oct. 17. 2006
Grants Exclusive Distribution Rights for the TrueVUE RFID Platform to Japanese Integrated Solutions Provider
Marubeni Corporation and Vue Technology, Inc., the leading provider of RFID networking and item level solutions, today announced a distribution agreement with Marubeni and its subsidiary Mighty Card Corporation, granting the Japanese company the exclusive distribution rights to the TrueVUE RFID platform in Japan and non-exclusive distribution outside of Japan. Vue Technology’s TrueVUE RFID platform is the industry’s first end to end solution for tracking items, cases and pallets, using dock doors, handhelds and smart shelving based solutions.
“We welcome the opportunity to introduce Vue Technology’s breakthrough item level technology to the Japanese market and others,” said Koji Kabumoto, President of Mighty Card Corp. “We are eager to offer our customers the numerous benefits of item level visibility in the supply-chain and the retail storefront. Vue Technology’s end-to-end solutions deliver on the ultimate promise of RFID-immediate benefits and measurable ROI.”
Vue Technology’s TrueVUE RFID platform is the industry’s first completely scalable item-level solution that enables unprecedented visibility into inventory levels, location and authenticity while eliminating the prohibitive cost barriers previously associated with item-level RFID roll-outs. Benefits to retailers include enhanced customer experience, reductions in out-of-stocks and shrinkage, increased employee productivity and increased sales. The TrueVUE RFID platform has delivered dramatic results in numerous customer pilots and offers retailers the immediate capability for enterprise roll-out.
“As international demand for proven, ROI-driven RFID solutions increases, Vue Technology is poised to roll-out its scalable item level RFID solutions to retailers around the globe,” said Robert Locke, CEO of Vue Technology. “We welcome Marubeni and Mighty Card as a trusted partner to market and distribute our technology in Japan and other parts of Asia. Marubeni and Mighty Card are well-known for superior technology solutions and we have selected them as our partner based on the company’s strong reputation and solid leadership position in Asia.”
About Mighty Card
Mighty Card Corp., a subsidiary company of Marubeni Corp, is a RFID solution provider. Mighty Card was established in 1997 and has been focusing only on RFID. Mighty Card is a leading company to integrate new RFID technology into practical business use with its experienced superior professional service. Mighty Card is known as the company who delivered the most sophisticated UHF RFID solution to Yodobashi Camera who is the first company in Japan to introduce UHF RFID into their real business.
For more information, visit www.mightycard.co.jp.
About Vue Technology
Vue Technology is the leading provider of item level RFID solutions, delivering breakthrough technology that provides the most scalable, reliable, and ROI-driven solutions on the market. With patent-pending technologies, Vue allows standard RFID readers to network across thousands of antennas, exponentially increasing the number of zones a typical reader can support.
Vue’s TrueVUE™ RFID Platform is the industry’s first end to end solution for tracking items, case and pallets using dock doors, handhelds and smart shelving based solutions. An integrated RF data networking hardware and EPC management software solution, the TrueVUE™ RFID Platform provides customers unprecedented visibility into inventory levels, location and authenticity while eliminating the prohibitive cost barriers previously associated with item-level RFID roll-outs. For more information, visit www.vuetechnology.com.