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IBSS Integrated Business Systems and Services Inc (CE)

0.000001
0.00 (0.00%)
13 Feb 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Integrated Business Systems and Services Inc (CE) USOTC:IBSS OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 00:00:00

IBSS Introduces SynTrack(TM) Mobile Asset Management

10/01/2006 4:28pm

PR Newswire (US)


Integrated Business Syst... (CE) (USOTC:IBSS)
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Company Names IDENTEC SOLUTIONS as Authorized Value Added Reseller COLUMBIA, S.C., Jan. 10 /PRNewswire-FirstCall/ -- Integrated Business Systems and Services, Inc. (OTC:IBSS) (BULLETIN BOARD: IBSS) (IBSS) today announced its new offering, the SynTrack(TM) Mobile Asset Management system, a new product created for organizations seeking more efficient asset utilization by the use of RFID and wireless technologies. Simultaneously, IBSS also announced an agreement establishing IDENTEC SOLUTIONS as a certified Value Added Reseller of SynTrack Mobile Asset Management. Today, organizations spend millions of dollars on expensive equipment only to have it lost or stolen. Annual losses can range from thousands to millions of dollars. By having a real time view of where these assets are, when and where they move, and how they are managed, companies can significantly reduce these losses as well as improve worker efficiency in locating critical equipment. SynTrack Mobile Asset Management is IBSS' application for real time, dynamic tracking and management of assets and personnel. It allows organizations to locate, track and manage expensive, important equipment utilizing active RFID technology. Developed on IBSS' proprietary Synapse(TM) platform, the system is quickly and easily configurable to nearly any asset tracking application across commercial vertical markets. SynTrack Mobile Asset Management is ideally suited for applications in Energy, Government, Manufacturing, Security, and many other industries. Installation is quick and easy. The system is configured intuitively by defining a hierarchy of zones, tags and tag groups so assets can be quickly located. Important assets and/or desired personnel are equipped with RFID tags. These tags are sensed by strategically placed RFID readers and antennas that communicate with the SynTrack Mobile Asset Management system as a tagged object passes through a geographically defined zone. SynTrack Mobile Asset Management builds and updates the user interface dynamically, always giving a real time view. It is designed to efficiently handle an unlimited number of zones and tagged items. Users can easily configure the system utilizing their own specific terminology for a customized fit. According to Lee Dunston, Director of Sales at IBSS, "The SynTrack Mobile Asset Management system is available on a pre-loaded network appliance for 'plug and play' operation. With active RFID technology, like that from IDENTEC, our solution is quick to implement, easy to use and simple to administer." "The commercial mobile asset tracking market is very well suited for active tag RFID technology. I am very pleased to announce our reseller relationship with IDENTEC SOLUTIONS, a world-class provider of intelligent, long-range active RFID technology. We are confident that IDENTEC SOLUTIONS will play a significant role in driving market adoption of the SynTrack Mobile Asset Management system," added Dr. George Mendenhall, CEO of IBSS. About IBSS IBSS is the creator of Synapse(TM), a groundbreaking software technology. Synapse(TM) is a complete framework and methodology used to create, implement and manage a wide variety of dynamic, distributed, networked, and real-time enterprise applications including RFID, quickly and efficiently. Global enterprises utilizing Synapse(TM) leverage the power of its single, flexible framework to enjoy tremendous time and cost advantages, in the development, deployment and on-going management of customized applications. Enabled by Synapse(TM) to take competitive advantage of cutting-edge technologies such as wireless networking, mobile computing and RFID, IBSS and its strategic partners bring solutions to customers for mission-critical applications in manufacturing, distribution, healthcare, finance, insurance, retail, education, and government. IBSS is headquartered in Columbia, South Carolina. For more information about IBSS and its Synapse(TM) technologies and services, call 803-736-5595 or 800-553-1038, or visit http://www.ibss.net/ . About IDENTEC SOLUTIONS, Inc. IDENTEC SOLUTIONS, headquartered in Lustenau, Austria with an office in Kelowna, Canada, is one of the best-kept Secrets of Fortune 100 companies who are trying to lower operational costs, gain asset visibility and accountability for the "competitive advantage." IDENTEC SOLUTIONS specializes in active long-range RFID systems that help customers improve asset utilization to save millions of dollars in operational costs related to their supply chain processes. IDENTEC SOLUTIONS' RFID system -- Intelligent Long Range (ILR) -- can identify, locate and track assets at a distance of 100 meters (300 feet) to deliver superior real-time visibility in dynamic, demanding environments. ILR is used to streamline business operations in a variety of areas including vehicle tracking and container management. http://www.identecsolutions.com/ Except for historical information, the matters discussed in this news release include forward-looking statements that involve a number of risks and uncertainties. Actual results may vary significantly as a result of a number of factors, including, but not limited to, risks associated with the Company's ability to satisfy its obligations incurred in recent private placements of secured debt, risks in product and technology development and integration, market acceptance of new products and continuing product demand, the impact of competitive products and pricing, changing economic conditions, and other risk factors detailed in Exhibit 99.1 of our Annual Report on Form 10-KSB for the year ended December 31, 2004 and in other filings the Company makes with the Securities and Exchange Commission. Copies of these filings may be obtained from the Securities and Exchange Commission at its principal office in Washington, DC at prescribed rates by calling 1-800-SEC-0330. These filings are also available electronically through the Internet World Wide Web site maintained by the Securities and Exchange Commission at the Internet address: http://www.sec.gov/. At Elite Financial Communications Group, LLC Stephanie Noiseux, Executive Vice President 407-585-1080 or DATASOURCE: Integrated Business Systems and Services, Inc. CONTACT: Stephanie Noiseux, Executive Vice President, Elite Financial Communications Group, LLC, +1-407-585-1080, or , for IBSS Web site: http://www.ibss.net/ http://www.identecsolutions.com/

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