WASHINGTON, DC -- (MARKET WIRE) -- November 13, 2006 --NACDS RFID Healthcare Industry Adoption
Summit, Booth # 4007 -- Vue Technology, the leading provider of item-level
RFID networking solutions, today announced that it is now shipping the
industry's first UHF solution for seamless inventory tracking within the
retail pharmacy. Based upon the TrueVUE™ RFID Platform, the new UHF
solution delivers unprecedented item-level visibility and benefits to the
pharmacy including expiration notification, confirmation of received
inventory, automated ordering notification, automated recall management,
support of e-pedigree and counterfeit diversion detection, and instant
product lookup.
While UHF has become the de facto frequency for retail and supply chain
applications, historically UHF has not been considered a viable option for
item-level pharmacy applications due to numerous technical challenges
within the pharmacy. Retail pharmacy inventories consist of small packages
containing varied products including liquids, gels and creams. Packaging
often includes metals, and standard shelving is typically made of metal as
well. Large inventories within a limited space can lead to reader density
issues, where readers can actually interfere with one another. Given these
challenges, HF or near-field UHF frequency solutions were considered the
only viable solutions for item-level tracking in the pharmacy. This
presents a need for dual RFID frequencies in one retail environment and
requires chain drugstores to implement and manage two completely unique
RFID tracking systems.
"By delivering the proven benefits of item-level RFID to the pharmacy using
standard UHF technologies, Vue has now made it possible for a chain
drugstore to standardize store-wide inventory tracking on a single RFID
infrastructure," said Robert Locke, CEO of Vue Technology. "This solution
builds on our success in other retail categories, and opens the door to
widespread adoption of item-level RFID in the pharmacy."
Vue's UHF solution is the industry's first to leverage standard Gen II UHF
tags from popular suppliers and standard Gen II readers to track any
pharmaceutical products including liquids, pill bottles, blister packs and
gels with inventory accuracies approaching 100 percent within the complex
pharmacy environment. The solution integrates these standard components
with various "VUEPoints™" (integrated RFID read points in pharmacy
shelves, receiving stations, countertops, and more), Vue's RF Networking
hardware (enables standard readers to read thousands of antennas), and the
TrueVUE application suite (network management, reporting, alerting, and
workflows).
"Vue Technology has introduced a significant innovation for chain drug
retailers," said Russell Klein, Director of Emerging Technology Research at
Aberdeen. "The retail pharmacy is precisely the kind of environment best
suited to the advantages that RFID offers. Vue Technology is making it easy
to experience the power of complete inventory visibility within the
pharmacy and up the supply chain while avoiding the need for multiple
systems on different frequencies. In a practical sense, item-level RFID is
finally a reality for broad use in pharmacies."
Vue Technology's new UHF pharmacy solution enables retail pharmacies to
easily initiate any item-level deployment, from dock doors and portals to
mobile and smart shelving solutions, driving customer benefits across a
number of areas:
-- Increasing inventory turns
-- Reducing losses due to expired product
-- Increasing order fill rates
-- Automating inventory ordering and recall processing
-- Reducing labor costs and distracting inventory tasks
-- Minimizing inventory overstocks
Vue Technology's complete UHF pharmacy solution will ship at the end of
November. Combinations of fixed and mobile RFID systems are available,
enabling customers to customize solutions that provide the best ROI.
About the NACDS RFID Healthcare Industry Adoption Summit
The pharmaceutical supply chain is moving earnestly towards deploying an
RFID-enabled supply chain that will be safe and secure. The RFID User
Adoption Summit has been developed to encourage participants in the
pharmaceutical supply chain to learn more about the technology, the
adoption process and to meet with a myriad of RFID vendors. Attendees will
have the opportunity to hear from leaders in the business community, the
FDA, and EPCglobal as well as from public policy experts and visionaries
about the commitment to creating an RFID-enabled supply chain.
About Vue Technology
Vue Technology is the leading provider of item-level RFID solutions,
offering breakthrough RFID infrastructure components and a powerful
software suite that delivers the most scalable, reliable, and ROI-driven
RFID solutions on the market. Vue's TrueVUE™ RFID Platform provides the
industry's only unified RFID infrastructure that allows customers to manage
dock doors, portals, mobile devices, smart surfaces and smart shelves to
achieve RFID visibility down to the item-level.
With its patent-pending RF Networking devices and UHF enabled
VUEPoints™, Vue allows standard readers to network across thousands of
antennas, exponentially increasing the number of zones that readers can
support and dramatically reducing the cost barriers previously associated
with
item-level RFID roll-outs. Combined with an integrated software suite for
device and network management, EPC commissioning, and RFID workflows, the
TrueVUE™ RFID Platform is uniquely able to deliver significant and
measurable ROI to its customers. For more information, visit
www.vuetechnology.com.
Contact Information: Jamie Kress
Vue Technology, Inc.
440.543.3486
jkress@vuetechnology.com
Jane Carpenter
Lois Paul & Partners
781.782.5740
Jane_Carpenter@lpp.com