Wavetrend Receives RFID Award from Frost & Sullivan

Wavetrend has been awarded the Radio Frequency Identification (RFID) Readers – Company of the Year by Frost and Sullivan. The company’s track and trace solutions provide real-time visibility of assets, individuals, and vehicles in a variety of industry sectors.

“With its presence and support in the active RFID readers segment, Wavetrend has successfully implemented many industry-specific application solutions, including security and people tracking, logistics, asset tracking in aviation, construction, defense, healthcare, and transportation. According to the company’s partners and customers, the company’s RFID solutions, utilizing its GlobalEyes and AssetTrace tracking technologies, provide greater tracking precision and efficiency than its competitor products. With its ability and expertise, the company has gained significant market share, which was expected to expand by 25-30 percent by the end of 2009,” said Parul Oswal, industry analyst, RFID and Security Electronics and Security, Frost and Sullivan.

Wavetrend, www.wavetrend.net