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02-12-2002 |
SAVI TECHNOLOGY and ONESEAL announced plans for revolutionary, low-cost, single-use electronic bolt seal to secure cargo containers


Savi Technology, a leading provider of real-time solutions for global supply chain security, and OneSeal A/S, the world leader in providing high-security seals for intermodal containers, announced recently at the U.S. Maritime Security Expo in New York that they will jointly develop and market a disposable low-cost electronic bolt seal that automatically transmits alerts over radio frequencies when locking mechanisms on cargo containers are tampered with or violated.

The new electronic seal will combine EchoPoint, Savi's latest, sixth-generation, active radio frequency identification (RFID) technology, with OneSeal's design and manufacturing skills for high-security locks. The partners plan to introduce a widely affordable product by early next year that will dramatically improve the security and management of cargo containers moving throughout the global supply chain by ship, rail and truck. This low-cost electronic seal will be designed to be seamlessly integrated with Savi's SmartChain real-time software platform and Transportation Security System software application.

The plastic-coated metal seal, will include an active smart tag with an integrated circuit board and miniature RFID antennae.The combined OneSeal and Savi tag will augment Savi's existing product line of electronic seals - both disposable and reusable -- for nearly every type of cargo container, and which come in a variety of configurations.

"This is an ideal cooperation of two parties committed to optimizing advanced technologies for practical ways to improve the security of global shipments from point of origin to final destination," said Chris Stephenson, vice president of Product Management for Savi Technology. "OneSeal and Savi will produce a product that will help reduce the threat of terrorism and theft while helping to increase visibility of global supply chain inventory and utilization of these important assets."

"We chose to enter a strategic alliance with Savi because they are the world authority on RFID technology, their proven success building the world's largest wireless tracking system for the U.S. Department of Defense and their leadership in supporting open standards," said Lars Berenth, director of Sales and Marketing for OneSeal. "The integration of Savi's and OneSeal's knowledge and experience will help to create a standard-setting product that will be better than either of us could have produced independently."

About OneSeal A/S
For the past 25 years, OneSeal has been involved in high-security bolt seals. Today, is the world's largest manufacturer of high-security bolt seals for the shipping industry. With their headquarters in Denmark and own offices in New York and Singapore; Oneseal is able to offer the fastest lead time in the industry. Among it's customers are 5 of the top 10 shipping lines in the industry. OneSeal is a privately held company with the founder still being the sole owner. For further information please see web page, www.oneseal.com

About Savi Technology
Savi Technology is the proven leader in real-time supply chain asset management and security.
Savi continues to help build and operate the world's largest Radio Frequency Identification (RFID) cargo tracking infrastructure for the U.S. Department of Defense (DoD). In addition to DoD, the company's broad customer base includes the U.S. Postal Service, Singapore Airlines, Woolworths UK, as well as numerous international ports, terminal operators, shippers, carriers, asset owners and third party logistics providers.
Founded in 1989, Savi Technology is privately held, with headquarters in Sunnyvale, Calif., and offices in Washington D.C., London, Hong Kong, Taiwan, Singapore and South Africa. For additional information, visit www.savi.com

For more information about the different ONESEAL generations of high security seals, contact:
OneSeal A/S - Denmark - Tel: +45 4914 8800 - Fax: +45 4914 8814 - E-mail: oneseal@oneseal.com
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