pppc_010307-_Parelec acquires Precision

Precision Systems develops and manufactures automated, two-way communicating real-time location systems and tags that provide a rapid return on investment enabling companies to introduce new standards of efficiency into their operations. Applications include critical-assets tracking, healthcare, security, and research. Precision Systems is managed by a team of professionals from the RFID industry, who aim to lead the emerging, real-time critical-assets tracking market.