IBSS Introduces SynTrack(TM) Mobile Asset Management
January 10 2006 - 10:28AM
PR Newswire (US)
Company Names IDENTEC SOLUTIONS as Authorized Value Added Reseller
COLUMBIA, S.C., Jan. 10 /PRNewswire-FirstCall/ -- Integrated
Business Systems and Services, Inc. (OTC:IBSS) (BULLETIN BOARD:
IBSS) (IBSS) today announced its new offering, the SynTrack(TM)
Mobile Asset Management system, a new product created for
organizations seeking more efficient asset utilization by the use
of RFID and wireless technologies. Simultaneously, IBSS also
announced an agreement establishing IDENTEC SOLUTIONS as a
certified Value Added Reseller of SynTrack Mobile Asset Management.
Today, organizations spend millions of dollars on expensive
equipment only to have it lost or stolen. Annual losses can range
from thousands to millions of dollars. By having a real time view
of where these assets are, when and where they move, and how they
are managed, companies can significantly reduce these losses as
well as improve worker efficiency in locating critical equipment.
SynTrack Mobile Asset Management is IBSS' application for real
time, dynamic tracking and management of assets and personnel. It
allows organizations to locate, track and manage expensive,
important equipment utilizing active RFID technology. Developed on
IBSS' proprietary Synapse(TM) platform, the system is quickly and
easily configurable to nearly any asset tracking application across
commercial vertical markets. SynTrack Mobile Asset Management is
ideally suited for applications in Energy, Government,
Manufacturing, Security, and many other industries. Installation is
quick and easy. The system is configured intuitively by defining a
hierarchy of zones, tags and tag groups so assets can be quickly
located. Important assets and/or desired personnel are equipped
with RFID tags. These tags are sensed by strategically placed RFID
readers and antennas that communicate with the SynTrack Mobile
Asset Management system as a tagged object passes through a
geographically defined zone. SynTrack Mobile Asset Management
builds and updates the user interface dynamically, always giving a
real time view. It is designed to efficiently handle an unlimited
number of zones and tagged items. Users can easily configure the
system utilizing their own specific terminology for a customized
fit. According to Lee Dunston, Director of Sales at IBSS, "The
SynTrack Mobile Asset Management system is available on a
pre-loaded network appliance for 'plug and play' operation. With
active RFID technology, like that from IDENTEC, our solution is
quick to implement, easy to use and simple to administer." "The
commercial mobile asset tracking market is very well suited for
active tag RFID technology. I am very pleased to announce our
reseller relationship with IDENTEC SOLUTIONS, a world-class
provider of intelligent, long-range active RFID technology. We are
confident that IDENTEC SOLUTIONS will play a significant role in
driving market adoption of the SynTrack Mobile Asset Management
system," added Dr. George Mendenhall, CEO of IBSS. About IBSS IBSS
is the creator of Synapse(TM), a groundbreaking software
technology. Synapse(TM) is a complete framework and methodology
used to create, implement and manage a wide variety of dynamic,
distributed, networked, and real-time enterprise applications
including RFID, quickly and efficiently. Global enterprises
utilizing Synapse(TM) leverage the power of its single, flexible
framework to enjoy tremendous time and cost advantages, in the
development, deployment and on-going management of customized
applications. Enabled by Synapse(TM) to take competitive advantage
of cutting-edge technologies such as wireless networking, mobile
computing and RFID, IBSS and its strategic partners bring solutions
to customers for mission-critical applications in manufacturing,
distribution, healthcare, finance, insurance, retail, education,
and government. IBSS is headquartered in Columbia, South Carolina.
For more information about IBSS and its Synapse(TM) technologies
and services, call 803-736-5595 or 800-553-1038, or visit
http://www.ibss.net/ . About IDENTEC SOLUTIONS, Inc. IDENTEC
SOLUTIONS, headquartered in Lustenau, Austria with an office in
Kelowna, Canada, is one of the best-kept Secrets of Fortune 100
companies who are trying to lower operational costs, gain asset
visibility and accountability for the "competitive advantage."
IDENTEC SOLUTIONS specializes in active long-range RFID systems
that help customers improve asset utilization to save millions of
dollars in operational costs related to their supply chain
processes. IDENTEC SOLUTIONS' RFID system -- Intelligent Long Range
(ILR) -- can identify, locate and track assets at a distance of 100
meters (300 feet) to deliver superior real-time visibility in
dynamic, demanding environments. ILR is used to streamline business
operations in a variety of areas including vehicle tracking and
container management. http://www.identecsolutions.com/ Except for
historical information, the matters discussed in this news release
include forward-looking statements that involve a number of risks
and uncertainties. Actual results may vary significantly as a
result of a number of factors, including, but not limited to, risks
associated with the Company's ability to satisfy its obligations
incurred in recent private placements of secured debt, risks in
product and technology development and integration, market
acceptance of new products and continuing product demand, the
impact of competitive products and pricing, changing economic
conditions, and other risk factors detailed in Exhibit 99.1 of our
Annual Report on Form 10-KSB for the year ended December 31, 2004
and in other filings the Company makes with the Securities and
Exchange Commission. Copies of these filings may be obtained from
the Securities and Exchange Commission at its principal office in
Washington, DC at prescribed rates by calling 1-800-SEC-0330. These
filings are also available electronically through the Internet
World Wide Web site maintained by the Securities and Exchange
Commission at the Internet address: http://www.sec.gov/. At Elite
Financial Communications Group, LLC Stephanie Noiseux, Executive
Vice President 407-585-1080 or DATASOURCE: Integrated Business
Systems and Services, Inc. CONTACT: Stephanie Noiseux, Executive
Vice President, Elite Financial Communications Group, LLC,
+1-407-585-1080, or , for IBSS Web site: http://www.ibss.net/
http://www.identecsolutions.com/
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