BeaconEquity.com announces the publication of ‘Advanced ID Corp. (AIDO): Bolstering Foothold in Asia's Significant RFID Technology Market’
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Advanced ID Corp. (AIDO): Bolstering Foothold in Asia's Significant RFID Technology Market
”Advanced ID Corp. is a leading developer of radio frequency identification (RFID) technology - a technology which basically turns an inert object into one capable of communicating. A robust business model: AIDO develops, manufactures and sells microchip identification devices, referred to as RFID microchips and readers, to the livestock and companion animal markets, tire management and supply chain management applications. In the second quarter of 2004, the company began commercializing its animal tracking products under the brand name DataTRAC…
“RFID technology, a combination of radio frequency-based technology and microchip technology, has established its importance in various applications. According to research company IDTechEx, the value of the RFID market is likely to rise to $5.3 billion in 2008 from $4.9 million in 2007. By 2018, the market is forecast to grow five-fold and the number of tags supplied will increase 300-fold, driven by the development of lower cost tags and an installed infrastructure, which will enable high volumes of tagging - with much of the growth coming from existing applications such as security/access control, automobile immobilization, animal tracking and toll collection…
“The company is particularly involved in UHF RFID for tires - providing the tire management industry the most advanced platform for identification and tracking of tires. Also, AIDO is marketing and selling, as an AIDO brand, the Michelin licensed 915 MHz tire tag to the transportation industry…”
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