Omni-ID raised to 15 million U.S. dollars of development finance-Omni-ID, RFID-P
Omni-ID Corporation, a leader in innovative passive UHF RFID Technology company, recently received 15 million venture capital fund.
This is the third time the company's capital raising activities, separate from the CodyGate funded venture capital firm, Omni-ID is used to strengthen the company's sales and marketing efforts, increase productivity and accelerate the penetration of Asian markets.
ABIResearch MichaelLiard director of the company's RFID, said: "Based on the current economic situation and the situation on the RFID investment slowed, Omni-ID's third fund-raising activities to achieve such good results of the company and the RFID market is clearly landmark. As a relative latecomer to the market, Omni-ID brought to the industry the company is a bright future. the result is the Omni-ID will be in his company's target market of current and future needs occupy a unique position . " This was funded
Omni-ID-based company's strong growth performance in 2008, from the market's breakthrough RFID technology, market demand. In 2008, Omni-ID to expand the company's executive team, in the existing product line to join Omni-IDProx, announced the release of Omni-IDOnDemand package, and the public Omni-IDServiceBureau package. Energy company focused on RFID technologies and new applications are found in many large-scale application of its products occasions, particularly in the valuable IT asset tracking and data center applications. As Omni-ID's Label In metal and non metal environment can be, especially for such an environment for data centers, where metal objects quite common.
Omni-ID's president CEOTomPavela said: "CodyGate venture capital firm's investment is made difficult economic times, no doubt for the Omni-ID's to add a powerful driving force the way forward. Market Omni-ID's breakthrough technology Demand is very strong and growing. into the very good 2009, we will use these funds to continue to meet customer needs, expanding our emerging markets such as the Asian market. We believe the company's performance this year will continue to grow. "
As 2008, the company has introduced new products, the company's strong growth performance, as well as IT asset tracking in a leading reputation, Omni-ID's decision to seek a new round of fund raising activities to ensure the completion of large orders. Venture capital investment through the Omni-ID companies can continue to engage in research and development of innovative solutions to meet specific customer needs. In addition, the company will ensure that manufacturing capacity sufficient to meet the users of Omni-ID RFID solutions company with strong demand.
CodyGate Ventures MichaelSummers executive director, said: "Over the years the industry's authoritative source has been that the role of RFID in the real world is not. Omni-ID RFID companies to let people see that technology can make a difference. It is Omni-ID because we see a bright future for the company eventually resulted in our determination to invest in the company. We have every reason to look forward to Omni-ID will continue to trade off waves of innovation. "
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