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Flexible Electronics News

Alien Technology Closes $15 Million

Equity financing to expand company operations

Alien Technology, an industry leader in RFID UHF products and services, announced that the company has closed an additional $15 million equity financing to expand company operations. The new investment round was led by Advanced Equities and existing shareholders.

Alien’s RFID products and services are used to improve the effectiveness, efficiency and security of supply chains, logistics and asset tracking operations. Alien’s products include RFID tags, RFID readers and related training and professional services. Retail, consumer goods, manufacturing, defense, transportation and logistics and pharmaceuticals are among the industries that Alien serves.

Alien reader, tags and chips are all aimed toward providing robust, real-word RFID performance, especially in challenging environments. Alien links these products with its unique services, including the industry recognized Alien Academy that accelerates customer RFID knowledge and arms customers with knowledge to implement the most optimal system in the most practical and pragmatic manner.

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