Dave Savastano06.05.14
Confidex Ltd. and SMARTRAC N.V. have announced a distribution agreement in the U.S. The agreement enables SMARTRAC and its U.S. affiliate Neology to distribute Confidex’s hard tag and specialty label products exclusively in the U.S. In return, Confidex benefits from SMARTRAC’s strong sales and service network comprising its internal and external resources.
Confidex and SMARTRAC expect that this cooperation will expedite further adoption of UHF RFID tagging, especially in industrial and asset management applications. In addition, customers of both companies will benefit from this arrangement by having access to a complete and diversified RFID tag and specialty label portfolio supported by unique service capabilities.
“We are excited to announce our agreement with SMARTRAC. By combining our knowhow in industrial RFID tag and specialty label technologies with SMARTRAC’s well-established distribution channels and sales expertise, we can improve our overall offering to our customers and together address an increasing number of industries in the U.S. This partnership opens the door for new business opportunities and helps us expand footprint in North America,” said Timo Lindström, CEO of Confidex Ltd.
“We are delighted about this cooperation, as it enables the expansion of our own UHF tag portfolio with field proven high class products from Confidex,” Clemens Joos, CEO of SMARTRAC, noted. “The new broader portfolio will better meet the upcoming demands of the markets. Confidex is a high profile RFID manufacturer with strong background in UHF and contactless ticketing. We have been able to identify valuable opportunities to pursue together and look forward to expanding the collaboration to further regions in the future.”
Confidex and SMARTRAC expect that this cooperation will expedite further adoption of UHF RFID tagging, especially in industrial and asset management applications. In addition, customers of both companies will benefit from this arrangement by having access to a complete and diversified RFID tag and specialty label portfolio supported by unique service capabilities.
“We are excited to announce our agreement with SMARTRAC. By combining our knowhow in industrial RFID tag and specialty label technologies with SMARTRAC’s well-established distribution channels and sales expertise, we can improve our overall offering to our customers and together address an increasing number of industries in the U.S. This partnership opens the door for new business opportunities and helps us expand footprint in North America,” said Timo Lindström, CEO of Confidex Ltd.
“We are delighted about this cooperation, as it enables the expansion of our own UHF tag portfolio with field proven high class products from Confidex,” Clemens Joos, CEO of SMARTRAC, noted. “The new broader portfolio will better meet the upcoming demands of the markets. Confidex is a high profile RFID manufacturer with strong background in UHF and contactless ticketing. We have been able to identify valuable opportunities to pursue together and look forward to expanding the collaboration to further regions in the future.”