Wednesday, May 04, 2005

GenuOne Pulls Out of RFID Market

Boston-based software firm GenuOne has announced it is no longer selling its TraceGuard RFID data-integration and product-authentication software and is "withdrawing from the RFID marketplace." Jeffrey Unger, GenuOne CEO, says that the RFID application software market is too weak to allow GenuOne to continue to sell and contribute resources toward its RFID products. Source: RFID Journal