[08/16/06]
SmartCode Corp, the world leading developer of low cost RFID solutions, announced the establishment of a new manufacturing center in Chicago, IL as part of the company strategic expansion plan. With the opening of the new Chicago center, SmartCode Corp. will broaden the market for its low cost, high performance EPC RFID products, enhance product availability in the US, Europe and Asia, and extends its Global distribution network.
"We are delighted to continue our accelerated global growth with the establishment of our new manufacturing center in Chicago, IL." said Avi Ofer, SmartCode Corp. CEO & President. "SmartCode's unique value propositions both in yearly capacity and in unit prices provide us with a distinct differentiation over any other vendor in the market. As the world leading provider of low cost, high performance RFID hardware solutions, the new Chicago center will further strengthen SmartCode's leadership position in the global, multi billion RFID market and will enable us to better serve our local US clients."
The new manufacturing center will extend SmartCode's global manufacturing operations and will provide better availability for the local US market. SmartCode Corp. new manufacturing center in Chicago will also feature a R&D center, a quality assurance and testing facility and a distribution center for the US market. The new manufacturing plant complements SmartCode's Global presence in the United States, United Kingdom, Germany, France, Spain, Italy, Scandinavia, Middle East, Japan, Korea, Singapore, India, Thailand, Australia, Indonesia, Malaysia, Hong Kong and mainland China and its Global Partnership network of over 200 added value service providers and distributors.
With 471.9 million sq. ft. of warehouse/distribution space, 7 interstates crossings, the largest US Inter Modal Port and the only city in North America in which all six Class I railroads meet, Chicago is a leading global logistics center with more than half of the top 100 third-party logistics providers having operations in the region, more than 200 truck terminals with at least 41,700 outbound truckloads a day and more than 36,000 outbound rail carloads daily on 37 routes. The Chicago Metropolis is one of the world's largest and most diversified economies with a GDP of $390 billion per year, equivalent to the 18th largest Country in the world.
About SMARTCODE CORP.
SmartCode Corp. is a world leading low cost, high performance EPC RFID manufacturer that has developed a revolutionary, patented, and cost effective RFID manufacturing technology. Our Patented technologies enable us to intelligently replace the current inefficient Barcode technology. Our patented technologies enables us to manufacture a very large number of RFID tags at a fraction of the cost of today's traditional RFID. SmartCode Corp. introduces a cost-effective approach to dramatically reducing our clients Total Cost of Operation (TCO) and increasing their Return On Investment (ROI).
SmartCode Corp. enables companies to receive 100% real time visibility of their products across their entire supply chain. SmartCode Corp. is headquartered in New York, NY with offices in London, Silicon Valley, London, Hong Kong and a R&D Center in Tel-Aviv, Israel.
Learn more about SmartCode Corp. at www.smartcodecorp.com
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