KMAG Develops New "GEMINI Dual Tag"
August 27 2012 - 11:59AM
Marketwired
KMA Global Solutions International, Inc. (PINKSHEETS:KMAG) KMAG
announces the development of the GEMINI tag, a dual technology,
RFID/EAS reusable hard tag, that can simultaneously and seamlessly
provide all of the needed functionality of an RFID tag, while also
functioning as an EAS tag with complete compatibility with the most
common EAS technologies in use today.
Several major national and international retailers have
announced a decision to implement RFID systems capable of tracking
their inventory at the unit level, and will begin to implement the
needed hardware in their stores beginning this year. Many others
will follow suit over the course of the next few years. Most will
begin to use RFID both for tracking inventory, and to perform the
loss prevention duties that have, until now, been provided by their
EAS system. Rolling out RFID in these enterprises will be a major
undertaking and will proceed simultaneously on relatively small
groups of stores until the changeover is completed across all
locations. During the transition process, the retailers will
continue to use their EAS system until the hardware transition is
completed.
KMAG recognizes that there is a significant gap in the
transition plans, as each store will require merchandise to bear
both an EAS and an RFID tag until well after the process is
completed. Applying separate RFID and EAS tags is an expensive
proposition, which will be made considerably more economical
through the use of the GEMINI tag from KMAG. KMAG has determined a
market need numbering in the tens of millions, and possibly
hundreds of millions of GEMINI tags over the course of the next few
years as more and more retailers begin the technology switch.
Each GEMINI tag contains an RFID element that meets all Gen II
EPC standards, as well as either of the most popular EAS elements,
and can therefore simultaneously be read by the RFID system, while
being detected by the EAS system in use in the store. Applying and
removing GEMINI tags follows exactly the same process that the
retailers employ today with their EAS tags, using the same
equipment that they already own, and therefore requires no learning
curve on the part of store employees or special equipment to put
the GEMINI into use.
Retailers can continue to use the GEMINI tag even after they end
the use of their EAS system as the RFID component will continue to
be reusable and compatible with all of their needs.
About KMA Global Solutions International, Inc.
At KMA, our Business Mission is to constantly reinforce our
industry leadership as a preferred competitive supplier in the
timely delivery of superior, cost effective, source tagging
products - all the time, every time.
For more information about KMA Global Solutions International,
visit: http://www.kmaglobalsolutions.com.
Forward-Looking Statement
Statements included in this press release which are not
historical in nature, are intended to be, and are hereby identified
as "Forward Looking Statements" for purposes of safe harbor
provided by Section 21E of the Securities Exchange Act of 1934, as
amended. Forward Looking Statements may be identified by words
including "anticipate", "await", "envision", "foresee", "aim at",
"believe", "intends", "estimates" including without limitation,
those relating to the company's future business prospects, are
subject to certain risks and uncertainties that could cause actual
results to differ materially from those indicated in the Forward
Looking Statements. Readers are directed to the company's filings
with the U.S. Securities and Exchange Commission for additional
information and a presentation of the risks and uncertainties that
may affect the company's business and results of operations.
Contacts: KMA Global Solutions International, Inc. Investor
Relationsinvestorrelations@kmaglobalsolutions.com
www.kmaglobalsolutions.com
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