OAT
and Sumitomo Announce Japanese RFID Market
Entry
Sumitomo
Corporation Signs on as OAT’s Master
Distributor for Japan
WALTHAM,
Mass., Tokyo, Japan – September
13, 2005 – OATSystems,
Inc., the recognized RFID framework
leader and Sumitomo Corporation, one
of the largest integrated trading and
investment firms in the world, today
announced a Master Distribution Agreement
for distributing OAT’s market-leading
RFID framework solution in Japan.
With the recent
opening of UHF bandwidth initiated
by Japanese government, it’s
expected that the demand will expand
for RFID systems that support EPCglobal
Standards in Japan. Capitalizing on such
market trends in Japan, Sumitomo will
distribute OAT’s complete RFID
framework solution which enables customers
to leverage RFID technology to derive
strategic operational benefits from their
automated supply chain operations. OAT
Foundation Suite is a proven, industrial-strength
solution for centrally managing an RFID
deployment across manufacturing, distribution
and retail operations and for providing
real-time visibility on the flow of goods
across those operations.
OAT Foundation
Suite has already been selected as
one of the major platforms to be used
within the “Future Store” demonstration
project, now underway in Japan and targeted
for implementation within the Japanese
fiscal year 2005. This project, which
is initiated and sponsored by the Japanese
Ministry of Economy, Trade and Industry
(METI) will involve deployment of OAT ’s
Foundation Suite at one of Japan’s
most prominent supermarket chains, “Queen’s
Isetan” and represents the first
pilot case of OAT ’s and Sumitomo’s
cooperation to introduce OAT ’s
products to the Japanese market.
“OAT is the global market leader
in RFID data management” said Toshiyuki
Kato, General Manager of Network Solutions
Dept. at Sumitomo. “To integrate
RFID data with enterprise applications
and trading partners is the key element
to expanding RFID solutions. By embedding
the OAT Foundation Suite into Sumitomo ’s
leading integration technology offerings,
customers will have the ability to incorporate
their RFID initiatives within an integration
infrastructure to ensure that the y are
delivering the right product to the right
customer at the right time. By extending
partnership with OAT, we will be able
to provide customers with a solid foundation
to successful RFID implementations”.
Sumitomo will market OATs Technology
together with its comprehensive solution
to several business industries, including
Logistics/Distribution, Retail, Pharmaceuticals,
Food and Beverage, and Consumer Electronics.
”We are pleased to have a strategic
distribution partner with the stature
of Sumitomo in the Japanese market,” says
Prasad Putta, Founder and CEO of OATSystems. “We
believe that Sumitomo has the breadth
and depth in Japan for distribution,
marketing, sales and implementation to
dramatically increase RFID adoption in
Asia. As so many Japanese corporations
are beginning to deploy RFID solutions
to support their customer relationships
and drive efficiencies in their supply
chains, our partnership with Sumitomo
increases our ability to meet those customer
demands.”
About Sumitomo
Sumitomo Corporation is one of leading
Japanese trading house. We do not only
conduct commodity transactions, but also
create new business as an organizer and
a coordinator for various projects. We
are continually maximizing corporate
value as well as achieving prosperity
and realizing dreams for all of our stakeholders
by developing value-added businesses
that anticipate future trends. In 2004,
Sumitomo Corporation had trading transactions
of US$ 88,441 million. Further information
on Sumitomo Corporation is available
on the Internet at www.sumitomocorp.co.jp
About OAT
OATSystems,
Inc. is the recognized RFID framework
leader with software that empowers
businesses to achieve competitive advantage
from radio-frequency identification
(RFID). As pioneers in the development
of RFID technology, OAT has been setting
the standard in RFID for over half a
decade and is responsible for industry
firsts that include the largest scale
and largest scope of deployments, as
well as the most innovative approaches
to providing enterprise-wide RFID solutions.
OAT’s multinational client base,
which includes companies such as Hewlett-Packard
and Gillette, consists of over 50 customers
in retail, CPG, consumer electronics,
manufacturing, life sciences, aerospace
and defense. Headquartered in Waltham
, MA , OAT has offices in Chicago , London
and Bangalore and is on the Web at www.oatsystems.com.
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