asdfg Retail Technology Red Hot Stock Alert
Web Site
News
Quote
Chart
Price $0.80   Tuesday August 15, 2006
Radio Frequency ID

IMAGE

IMAGE
IMAGE
After the market closed on Monday August 14th,

AbsoluteSKY Anticipates Fast Growth for its Retail RFID Business! 

AbsoluteSKY, Inc. should have the attention of aggressive investors and day traders this morning!Yesterday after the stock markets closed, the company, developer of RFID-based inventory tracking systems for specialty retail, issued a press release providing additional details on its businIMAGEess targets for the next 18 months. 

News of the company’s high expectations should get the attention of investors! According to the press release, Buoyed by strong reaction to its intelliTRACKER™ product suite, positive channel feedback and continued overall market growth, the Company is projecting initial installations of its product suite with four national retailers within the next few months. Revenues of $25M, with a booking backlog of $60M, are in the Company’s forecast for 2007.

Continue to watch this company! "Momentum is clearly increasing around our intelliTRACKER™ product suite and through our powerful channel programs, with Fujitsu Transaction Solutions and Universal Surveillance Systems, we’re rapidly preparing for product roll-out," said John Frabasile, President and CEO, and a 25 year veteran in the retail technology field. "RFID is becoming one of retail’s truly rare transforming technologies and the intelliTRACKER™ suite delivers Item-Level Inventory Tracking to specialty retailers now, placing us several years ahead of the market.    

Wall Street News Alert is continuing to place Aggressive Investors on alert to monitor the progress of AbsoluteSKY! Professional research firms are projecting continued double-digit growth for retail RFID, with global spending rising to $3B by 2010 – a six-fold increase from 2005. Other researchers post even more aggressive figures, estimating the size of the RFID market in North America alone to be $2.7B, and $6.1B worldwide! 

Groundbreaking News!

07/10/06  AbsoluteSKY and Fujitsu Sign Strategic Agreement for Retail RFID

07/05/06 AbsoluteSKY Retains In Touch Media Group to Grow Online PR and Brand Awareness

07/04/06
AbsoluteSKY Refuses Unsolicited Bid

06/28/06
AbsoluteSKY Featured in Knobias Stock Report on Retail RFID

06/21/06
Retail RFID System Supplier, AbsoluteSKY, Receives Unsolicited Offer

06/20/06
AbsoluteSKY Finalizing Deal With Major Multinational for Retail RFID

06/08/06
AbsoluteSKY: Wal-Mart Experience Good News for RFID Vendors

05/26/06
AbsoluteSKY and Universal Surveillance Systems Sign Strategic Partnership Agreement for Retail RFID Products

05/16/06
CCEO Message: AbsoluteSKY Sees Promising Outlook for 2006

AbsoluteSKY’s intelliTRACKER™ product suite ties together multiple technologies to provide retailers with real-time item-IMAGElevel inventory tracking.  Its extensive benefits include the ability to increase inventory turns, virtually eliminate missed sales and gain extensive real-time control over loss prevention. Industry specialists have been broadly impressed by the fact that intelliTRACKER™ delivers measurable benefits and clear ROIs to the specialty retailer, as well as the ability to meaningfully and fundamentally improve day-to-day operations.  

To view all of Wall Street News Alert's special early morning alerts for this morning, visit WallStreetNewsAlert, where you may also sign up to receive free email alerts in advance of our press releases being issued. 

IMAGE

IMAGE
IMAGEExpanded Use of RFID Tags Has Been Limited Due to Cost, Range and Power Requirements. AbsoluteSKY Has Uniquely Resolved These Issues To Provide Item-Level Tracking for Speciality Retail Clients … Now!

The Company is rolling out its
intelliTRACKER product suite, an RIMAGEFID-based solution that ties in multiple technologies to provide retailers with real-time Item-Level Inventory Tracking through the supply chain -- which according to industry specialists is the first real-time item-level inventory tracking system available on the market today for specialty retailers! AbsoluteSKY's software and hardware solution set allows retailers to solve existing inventory problems in the store that have prevailed since the dawn of retailing. The range of attractive features and benefits include the ability to increase inventory turns, virtually eliminate missed sales and gain extensive real-time control over loss prevention. The retailer for once can have complete control and visibility overstore inventory! read more

AbsoluteSKY: Wal-Mart Experience Good News for RFID Vendors!

The full potential of RFID technology has only just started to be realized --
perhaps some of the greatest applications and unique solutions based on RFID have yet to come to market. In the field of Retail, AbsoluteSKY has taken the evolution if RFID to a whole new level - individual RFID tagging of merchandise now!

Radio Frequency cy IDentification (RFID) is a wireless data collection technology that uses small electronic tags to store data which can be read remotely by a reader.

The tags contain minitiarized electronic circuitry and antennae coils to enable them to communicate via radio frequencies with RFID readers. The readers collect data from the tags and provide it to computer platforms where it can be processed into useful information for a variety of purposes. Because of their small size and ability to store and report data, RFID tags can be attached to a wide range of physical assets, creating a dynamic link between people, objects and processes. RFID is increasingly becoming a familiar part of our lives, both at work and at home.

Generally, an RFID solution set comprises the following key elements:

IMAGE Hardware, which includes tags, readers, writers, servers, controllers and cabling.

IMAGE Software and interfaces for integration to back-end and legacy applications.

IMAGE Enhancement of legacy applications to sustain and extend the value RFID can provide.
IMAGE

Consider these factors when evaluating AbsoluteSKY

IMAGEWhy use RFID?
The case for implementing RFID technology is compelling: RFID tags store more information than magnetic strips or bar codes, which must be brought close to a scanner for reading, and the data stored on the tags can be easily and automatically exchanged at a distance both indoors and outdoors, even through obscuration such as rain and snow. In fact, RFID data can be read through the human body, clothing and non-metallic materials.

With these advantages, RFID systems are finding applications just about anywhere, from clothing tags to amusement parks to pet and livestock tags to waste management -- anywhere that a unique identification system is needed.

IMAGERFID Evolution or Revolution?
RFID technology has been around for decades… so why is the technology getting so much attention now? It’s because RFID and its adjacent technologies have progressively converged to the point that RFID is now seen by industry specialists as leading the next major stage in the evolution of information technology itself!

In the past, each stage has brought disruption and change, but RFID uniquely builds upon what came before it. RFID technology has become cheaper, faster and more capable in terms of storing and transferring data, but RFID-based solutions can now draw upon the Internet as a means to share the data. It can interface with state-of-the-art enterprise systems to manage the data and turn it into information that can be acted upon. In turn, it can trigger enterprise resource planning software and enterprise applications to run organizations in an entirely new and dramatically more efficient way.

While evolutionary in its development, RFID now promises to revolutionize the world's supply chain, for example replacing the ubiquitous bar code on product packaging. It will change the way suppliers and customers interact, allowing both to, among other things, know at any given moment where shipped goods are located, tracking them through every stage of manufacturing and transport, and to the point of sale itself.

IMAGEThe Upside of RFID
In business environments, interest in RFID technology is driven by the need for companies to achieve greater speed and visibility into their supply chains, with the goal of increasing their operational efficiency and levels of customer satisfaction.

An RFID-enabled supply chain operation ensures that goods can be delivered to the place and at the time consumers are ready to purchase –creating tremendous upside in terms of lower inventory levels, reduced labor costs, improved markdowns, loss prevention and increased sales - the bottom line: increased profitability and happier customers.

IMAGEProven Leadership
IMAGEJohn Frabasile – President and Chief Executive Officer
Mr. Frabasile has over 25 years of extensive software and technology experience in the retail market. His background includes product development, product sales and systems implementation as well as overall management of progressive companies.

He was founder of Mitech Computer Systems in Montreal and managed the Company since its inception in 1983. Later on, he held senior executive positions with several international software solution providers for the retail industry. Throughout this period, Mr. Frabasile was involved in numerous large software contracts and worked with leading international integrators and resellers to develop global retail markets. In 2003, Mr. Frabasile combined his retail and software expertise with evolving RFID technologies and founded JavaPRO Solutions who's assets were acquired by AbsoluteSKY, Inc. in November 2005

IMAGE
IMAGE

IMAGE

Headquartered in Montreal, Canada, AbsoluteSKY, Inc. has a mission to produce breakthrough integrated business solutions for the retail industry. The Company has filed it's application to become a publicly-traded stock.

In late 2005, the Company acquired the assets of JavaPRO Solutions Inc. a technology company with unique expertise in developing specialized software and RFID solutions for retail customers. This foundation, combined with world-class management credentials in technology implementation and a deep-rooted understanding of the retail business, is moving AbsoluteSKY to the forefront of the rapidly emerging RFID field.

AbsoluteSKY today has ready products, leading technology, world-class leadership, strong industry partners, a clear understanding of customer needs and, moreover, a bold vision of how and where RFID is going in the global marketplace.

IIncredibly, in the face of an industry that has been expectantly monitoring the evolution of RFID and its explosive growth potential, AbsoluteSKY is ready to deliver Item-Level RFID Tagging to retail customers now! For AbsoluteSKY, the sky is the limit.

"Radio frequency identification (RFID) has climbed from obscurity to become one of today's most discussed retail technologies"

IMAGE

IMAGE

IMAGE

IMAGE