Technology’s Edge

KING OF PRUSSIA, Pa.—TAGSYS, a provider of item-level RFID infrastructure, announced that it has secured $12 million in new investments. The funding will be used to support development of UHF and HF solutions for item-level applications in a variety of markets.

"2009 was a year of successes for TAGSYS," says Alain Fanet, CEO of TAGSYS. "The new funding will accelerate our partner network expansion and new market development, while reinforcing our strong competitive position by launching leading-edge solutions for item-level applications."