RFID LTD. Announces Acquisition of Packaged RFID, Inc.

"The boards of directors of RFID, LTD. (Pink Sheets: RFDL) and Packaged RFID, Inc., a leading integrator of RFID technology for the retail and defense sectors, today announced that they each have unanimously approved a definitive agreement for RFID, LTD. to acquire Packaged RFID through merger to form a new, stronger market leader in RFID integration for small to medium-sized Wal-Mart, Target and Department of Defense (DoD) suppliers." Source: businesswire.com