Parelec acquires precision systems

“We couldn’t ask for a better partner in RFID technology than Parelec,” said Michael Braiman, founder and CEO of Precision Systems. “Their technology is well positioned in printing passive tags for tracking product from box and pallet to item level to box and pallet. Combined with Precision iLocate’s sub-meter location accuracy and bi-directional tag communication features, the new Parelec will be able to set forth an end-to-end RFID solution for its customers. Our active location products represent a very complementary technology fit.”