|[December 04, 2012]
TAGSYS RFID Selected as 2012 Red Herring 100 Global Award Winner
SANTA MONICA, Calif. --(Business Wire)--
RFID, the leading provider of item-level inventory management
systems that streamline the supply chain, today announced that Red
Herring has selected it as a recipient of its Top 100 Global Award, a
recognition of the leading private companies from North America, Europe,
and Asia. The award follows the Top 100 Europe Award TAGSYS received
earlier this year.
"This is a great honor and puts TAGSYS in elite company of the world's
most outstanding companies. We are pleased that Red Herring (News - Alert) has chosen
to recognize our global strategy to truly shift the paradigm of how
companies manage their supply chains and inventory by leveraging the
technical and business innovation on which our RFID systems are
delivered," said Alain Fanet, CEO of TAGSYS.
Red Herring's Top 100 Global list has become a mark of distinction for
identifying promising new companis and entrepreneurs. Red Herring
editors were among the first to recognize that companies such as
Facebook, Twitter (News - Alert), Google, Yahoo, Skype, Salesforce.com, YouTube, and
eBay would change the way we live and work.
"Choosing the companies with the strongest potential was by no means a
small feat," said Alex Vieux, publisher and CEO of Red Herring. "After
rigorous contemplation and discussion, we narrowed our list down from
hundreds of candidates from across Global to the Top 100 Winners. We
believe TAGSYS embodies the vision, drive and innovation that define a
successful entrepreneurial venture. TAGSYS should be proud of its
accomplishment, as the competition was the strongest it has ever been."
Red Herring's editorial staff evaluated the companies on both
quantitative and qualitative criteria, such as financial performance,
technology innovation, management quality, strategy, and market
penetration. This assessment of potential is complemented by a review of
the track record and standing of startups relative to their peers,
allowing Red Herring to see past the "buzz" and make the list a valuable
instrument of discovery and advocacy for the most promising new business
models from around the world.
TAGSYS RFID is transforming the way to connect, communicate and interact
with goods. We provide item-level inventory management systems that
streamline the supply chain. This enables companies to control pricing
strategies, increase sales and improve customer satisfaction. For more
than 15 years, TAGSYS has established a proven track record in deploying
RFID systems in demanding environments. We have implemented RFID-based
systems to more than 500 customers in 40 countries. TAGSYS leads the
industry with the largest R&D investment to expand the potential of
RFID. More information on TAGSYS can be found at www.tagsysrfid.com.
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