Alien Technology(R) Closes $15 Million
MORGAN HILL, CA -- (MARKET WIRE) -- 11/08/11 -- Alien Technology, an industry leader in Radio Frequency Identification (RFID) Ultra High Frequency (UHF) products and services, today 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.
AlienĀ®'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.
About Alien Technology Founded in 1994, Alien Technology is a leading technology and product provider of UHF Radio Frequency Identification (RFID) Integrated Circuits (IC), tags, readers and professional services. Alien Gen 2 products, along with software solutions from partners, help solve business problems for customers to improve productivity, processes, security and asset tracking for closed-loop and supply chain systems. These solutions are implemented in industries such as consumer packaged goods, retail apparel, manufacturing, transportation, airports and cargo logistics, government and defense, and more. Alien's facilities include corporation headquarters in Morgan Hill, CA; the Alien RFID Solutions Center in the Dayton, OH region; and a sales office in Shanghai, China. Alien is a member of EPCglobal.
Alien, Alien Technology and the Alien logo are trademarks or registered trademarks of Alien Technology Corporation in the United States and other countries.
Media Contacts Daniel Francisco Francisco Group for Alien Technology 916-293-9030 [email protected]
Source: Alien Technology
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