Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Confidex, TagMaster Sign Letter of Intent to Cooperate on Supply of UHF ID Tags - Ink World Magazine

What are you searching for?

Sign in
Flexible Electronics News

Confidex, TagMaster Sign Letter of Intent to Cooperate on Supply of UHF ID Tags

Initial focus will be to introduce a rugged heavy-duty ID tag that meets the demanding requirements of the railway industry

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

TagMaster, the leading producer of advanced RFID solutions for railway applications, and Confidex, the world’s leading supplier of high-performing RFID tag solutions, have signed a letter of intent (LoI) where both companies have agreed to co-operate in the field of RFID tag technology, with a focus on the UHF frequency band where the products will conform to the EPC Gen2 standard.

The initial focus will be to introduce a rugged heavy-duty ID tag that meets the demanding requirements of the railway industry, which is increasingly looking to use standardized EPC Gen2 ID tags in asset tracking applications.

Under the LoI, Confidex will hold the rights to manufacture the jointly specified RFID tag and TagMaster will hold the rights to market and sell the specified RFID tag within the railway transportation industry market. The two companies will also explore future cooperation opportunities to develop or supply additional RFID tags or related technologies for use in other application areas and markets.

“In signing this letter of intent, TagMaster has secured a competent and recognized partner for the supply of heavy-duty ID tags within our UHF product strategy,” said Bo Tiderman, CEO at TagMaster AB. “Confidex is a proven market leader in ID tag technology and we believe this co-operation will strengthen our position as the leading RFID solution provider within the Transportation sector”

“Confidex sees the need to collaborate closely with partners who have domain expertise. TagMaster is a recognized leader in the railway transportation industry and we believe that we can jointly add value to that market,” said Timo Lindström, CEO of Confidex Ltd.

Add us as a preferred source on Google

Get the latest Ink World magazine news, insights and analysis in your Google Search and AI experiences.

Add Ink World magazine as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters