newswire today: NewswireToday - /newswire/ - Stamford, CT, United States, 11/12/2009 - Dr. Nissim Ozer has been named to the Board of Advisors at Precyse Technologies, Inc., leaders of asset networks and supply chain visibility solutions.

Precyse Technologies, a leading real time asset visibility solutions provider from Stamford Connecticut, today announced that Dr. Nissim Ozer, former CTO and EVP at RF Code, an RFID solutions business, and an industry veteran, has joined the company's Advisory Board.

Dr. Ozer’s track record in the industry spans more than two decades, with a proven track record of leading technology companies to innovative and award-winning products. He offers comprehensive technological knowledge along with an excellent ability to manage and drive early stage companies. From 2000 to 2007, Dr. Ozer served as CTO and EVP at RF Code, an Active RFID and RTLS solutions business. There, he was instrumental to raising venture capital financing and delivering premier RFID hardware and software products to market. He was responsible for managing all aspects of product strategy, IP, development, execution and IT operations. Dr. Ozer also developed the company's cutting-edge algorithms for real-time RF signal mapping.

"We are delighted to add another outstanding business leader with broad and relevant experience to our Advisory Board," said John Stopper, CEO of Precyse. "Dr. Ozer is a veteran executive in the RFID and Auto-ID industry with considerable experience that will help foster our long-term growth and success as we continue to expand our customer base and product offering"

Dr. Ozer serves on various advisory boards. Previously, he served as the chair of the 5-M Software/Middleware Work Group within the AIM Global RFID Experts Group, the largest RFID industry organization for automatic asset identification, mobility and data capture. Dr. Ozer's achievements were recognized by Supply Demand Chain magazine, a leading Auto-ID periodical, which selected him as the “Pro to Know” for three years in a row (2005, 2006, and 2007).

"This is an exciting and transformative time in the industry and Precyse Technologies is clearly one of the most innovative product companies in the world today," said Dr. Ozer. "With the US economy emerging out of recent sl owdown, I feel privileged to join a dynamic team of renowned industry leaders. I look forward to participating in the growth of Precyse as it helps guide the future of the active RFID and RTLS industry into unified asset network solutions and the enabling of an internet of intelligent, connected assets”.

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A NEW GENERATION OF WIRELESS COMMUNICATION CONNECTING ALL THINGS FOR A WORLD THAT’S AWAYS ON

Precyse is driving the global adoption of asset networks and the Internet of Things with a new breed of wireless asset network solutions that are intelligent, reliable and secure. The Precyse asset networks are based on our “N3″ patented, bi-directional asset network technology, optimized for long battery life. The Precyse solution is ideal for customers in a variety of vertical markets such as manufacturing, defense, retail, healthcare and for other organizations that simply cannot afford to lose their “things”. It is a powerful yet simple, cost-effective solution, which offers real-time visibility into the location and status of assets while providing the ability to manage and control those assets.

The Precyse solution features the iLocate™ product suite providing real-time services to automatically identify, locate and monitor the status of physical assets. iLocate™ is based on the Precyse N3 wireless infrastructure technology, which connects assets such as engine parts, returnable containers, personnel and even full sized tractors on a wireless asset network, giving them the ability to communicate location and status information to users or other machines. The patent based technology distributes the intelligence (processing power) to the edges of the network, enabling autonomous asset decisions and increasing the resilience of the Precyse network while dramatically reducing initial entry costs.

Think about that cell phone device that everyone has.
A decade from now everything will have a Smart Agent device.

Our mission is to drive the global adoption of wireless asset networks, taking the next step in the evolution of the internet, bridging the last physical gap between things (inanimate objects, physical assets) and the existing global communication infrastructure.

Precyse Technologies is uniquely positioned to provide the technology, the knowledge and the economic model to enable the rapid growth of the ‘Internet of Things’.

Mass High Tech:
Precyse Technologies Inc. has launched in Norwalk, Conn. with a technology the company hopes will spell the end of both radio frequency tracking chips (RFID) and highway toll plazas, using a tracking technology developed for the Israeli military.
Precyse has its technology deployed with 10 enterprise customers, including construction equipment maker Caterpillar Inc. (NYSE: CAT) and aircraft engine manufacturer Pratt & Whitney, said CEO and president John Stopper. In addition, the company has a channel partner relationship with software giant SAP AG (NYSE: SAP), as seen in this YouTube video showing SAP vice president Dennis Browne demonstrating the company’s technology.

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