TAGSYS Receives Product Quality Innovation Award For Its Complete Turnkey RFID Solutions In The Pharmaceuticals Market

Frost & Sullivan's recent research service, World RFID in Healthcare and Pharmaceutical Markets, selected TAGSYS, one of the key players in item-level RFID infrastructure, as the recipient of the 2005 Product Quality Innovation Award for its end-to-end, reliable, accurate and secure (R.A.S.) RFID solutions in the pharmaceutical sector.

With an emphasis on delivering high quality products, TAGSYS' attention to quality testing has ensured the successful deployment of the company's products across various research institutes, laboratories, and hospitals in Europe.

The company has incorporated its R.A.S. design into its business and operational processes. Quality tests reveal nearly 100 percent accuracy in read rates with failure rates pegged at less than three out of one million tags. Such intense focus on quality across functional domains is expected to benefit the company in terms of improved brand perception and sustainability in the market.

"The 8.9 mm diameter ARIO small disc module (SDM) tag used for imbedded pharmaceutical applications has specific read/write functionality features that ensure the security of the information contained within the tags," says Frost & Sullivan research analyst Priyanka Gouthaman. "Internal field tests have also proven the resistance of the tags to withstand extreme temperatures in the range of -320 degrees F to 257 degrees F."

It is challenging to operate in the RFID market in the life sciences segment due to the high levels of customization required for application- specific solutions and the different correlating form factors. The company will benefit from its investments in specialized manufacturing processes, including injection-molding methods.

The company has proactively explored niche segments within the healthcare and pharmaceuticals vertical. They are developing a portfolio of RFID systems and tags to track test tubes containing biological samples. This specialized application necessitates reliable systems that can accurately function in environments exposed to extreme temperature changes.

"TAGSYS is involved in the development of RFID standards with various regulatory organizations such as the International Standards Organization (ISO) and EPCglobal," remarks Gouthaman. "The company's product range conforms to the ISO 18000 standard specifications and it has also successfully achieved Six Sigma levels of performance on its read rates for various pharmaceutical and healthcare applications."

RFID technology's main concerns pertain to integration issues. However, TAGSYS offers end-to-end solutions that enable greater flexibility in customizing the products. The company has a 'one-stop solution' that covers tags and hardware components, consulting, and comprehensive integration services.

The company's continuous efforts in developing RFID technology have been primarily to create a user-friendly product range. The flexibility of the products' read/write feature aids security modifications along the supply chain. TAGSYS' RFID development kits are likely to open up greater market opportunities since experimenting with the technology is the key to generating significant end-user investment.

"The focus on innovative solutions for emerging RFID applications within the healthcare and pharmaceutical vertical, coupled with its emphasis on quality standards are likely to provide the company with a significant competitive advantage in the coming years," notes Gouthaman. "TAGSYS will prove to be a key market participant based on its track record of customized product solutions and quality-conscious outlook."

Each year, Frost & Sullivan bestows this award upon the company that has demonstrated superior quality control over its existing competitors in product manufacturing. Quality control is an essential element in satisfying customers, increasing repeat buying behavior, and assuring long-term market survival.

About TAGSYS
TAGSYS is the global leader in item-level RFID infrastructure. TAGSYS provides RFID systems and tags for end-to-end item-level tracking that automates labor-intensive processes, authenticates and safeguards goods, and enables real-time inventory and asset visibility. With a proven track record of delivering Reliable, Accurate and Secure (R.A.S.) RFID systems and tags, TAGSYS has deployed over 50 million tags and 50,000 reader systems to over 500 customers in more than 40 countries. TAGSYS RFID solutions are currently being deployed in a range of highly specialized vertical markets that include pharmaceutical, fashion apparel, libraries, and textile rental. The company is headquartered in France's Smart Valley with offices in the USA (Doylestown, Pennsylvania) and Asia (Hong Kong). More information on TAGSYS can be found at http://www.tagsysrfid.com.

About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com.