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RFID News Roundup
Maxell Introduces Long-Life Batteries
Battery maker Maxell of America has introduced its next generation of lithium manganese dioxide cylindrical hybrid cell batteries, which the company claims will operate for more than 10 years and offer 8 to 9 percent higher capacity than other lithium manganese dioxide batteries now available. The batteries could be used to power active RFID tags, the company indicates, as well as other powered devices such as meters. According to Maxell, the new batteries have a voltage of 3.0 volts and feature a stable sloping discharge curve at various depths of discharge, allowing for accurate prediction of end of life. Battery model CR17450 has a typical capacity of 2600 mAh and measures 17mm in diameter and 45mm in length, with a weight of 22 grams. Model CR17335 has a typical capacity of 1750 mAh and weighs 16 grams, with a diameter of 17mm and a length of 33.5mm. The operational temperate range for both batteries is –40° to +80° Celsius. The batteries are intended for single use and cannot be reused or recycled. Customers will be able to begin sampling them in two to three months, at a cost of approximately $5 apiece.
Vuance Plucks Security Holding Corp.
Homeland Security Capital Corp., which develops businesses that manufacture products and services related to homeland security, has announced the completed sale of its majority-owned subsidiary, Security Holding Corp. (SHC), to Vuance (formerly SuperCom Ltd.), a provider of active RFID products for assert-tracking and security applications. Based in Qadima, Israel, and McLean, Va., Vuance will sell approximately $5.1 million of its stock to acquire the firm, according to a release from Homeland Security Capital. SHC owns two operating companies: SecurityInc, a Milwaukee-based integrator of RFID-based and other types of security and access control systems, and AutoAccess ID Security Solutions, an Atlanta manufacturer and distributor of RFID-enabled solutions for residential, commercial and government sectors. Homeland Security Capital is headed by former Congressman C. Thomas McMillen, who served in the U.S. House of Representatives from the 4th Congressional District of Maryland.
HEI Sells RFID Division to Smartrac
HEI, a Minneapolis-based manufacturer of RFID labels, cards, key fobs and other RFID inlay products, as well as devices for medical and communication applications, reports entering into an agreement to sell substantially all assets of its RFID division to Smartrac Technology US, a wholly-owned subsidiary of Dutch-based Smartrac N.V. Smartrac Technology produces high-frequency passive RFID inlays for electronic and RFID-enabled passports. The transaction is structured as a sale of substantially all assets of the RFID division, including inventory, receivables, customer contracts and customer lists, and the assumption of substantially all liabilities, according to a statement from HEI. The purchase price to be paid at closing is $3.0 million in cash. Prior to any employee obligations, severance and other transaction-related costs, HEI expects a fourth-quarter gain from the sale of the assets of approximately $1.5 million. HEI intends to use the sale proceeds to pay down existing debt obligations.
Battery maker Maxell of America has introduced its next generation of lithium manganese dioxide cylindrical hybrid cell batteries, which the company claims will operate for more than 10 years and offer 8 to 9 percent higher capacity than other lithium manganese dioxide batteries now available. The batteries could be used to power active RFID tags, the company indicates, as well as other powered devices such as meters. According to Maxell, the new batteries have a voltage of 3.0 volts and feature a stable sloping discharge curve at various depths of discharge, allowing for accurate prediction of end of life. Battery model CR17450 has a typical capacity of 2600 mAh and measures 17mm in diameter and 45mm in length, with a weight of 22 grams. Model CR17335 has a typical capacity of 1750 mAh and weighs 16 grams, with a diameter of 17mm and a length of 33.5mm. The operational temperate range for both batteries is –40° to +80° Celsius. The batteries are intended for single use and cannot be reused or recycled. Customers will be able to begin sampling them in two to three months, at a cost of approximately $5 apiece.
Vuance Plucks Security Holding Corp.
Homeland Security Capital Corp., which develops businesses that manufacture products and services related to homeland security, has announced the completed sale of its majority-owned subsidiary, Security Holding Corp. (SHC), to Vuance (formerly SuperCom Ltd.), a provider of active RFID products for assert-tracking and security applications. Based in Qadima, Israel, and McLean, Va., Vuance will sell approximately $5.1 million of its stock to acquire the firm, according to a release from Homeland Security Capital. SHC owns two operating companies: SecurityInc, a Milwaukee-based integrator of RFID-based and other types of security and access control systems, and AutoAccess ID Security Solutions, an Atlanta manufacturer and distributor of RFID-enabled solutions for residential, commercial and government sectors. Homeland Security Capital is headed by former Congressman C. Thomas McMillen, who served in the U.S. House of Representatives from the 4th Congressional District of Maryland.
HEI Sells RFID Division to Smartrac
HEI, a Minneapolis-based manufacturer of RFID labels, cards, key fobs and other RFID inlay products, as well as devices for medical and communication applications, reports entering into an agreement to sell substantially all assets of its RFID division to Smartrac Technology US, a wholly-owned subsidiary of Dutch-based Smartrac N.V. Smartrac Technology produces high-frequency passive RFID inlays for electronic and RFID-enabled passports. The transaction is structured as a sale of substantially all assets of the RFID division, including inventory, receivables, customer contracts and customer lists, and the assumption of substantially all liabilities, according to a statement from HEI. The purchase price to be paid at closing is $3.0 million in cash. Prior to any employee obligations, severance and other transaction-related costs, HEI expects a fourth-quarter gain from the sale of the assets of approximately $1.5 million. HEI intends to use the sale proceeds to pay down existing debt obligations.
