This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

DSS Outlines RFID Business Strategy

Stocks in this article: DSS

ROCHESTER, N.Y., July 21, 2011 /PRNewswire/ -- In June 2011, DSS (DSS: NYSE/AMEX) was pleased to announce its hiring of Gary Andrechak as Manager of RFID Business Development, marking DSS's major commitment to the estimated $5 billion global RFID card market.  With the addition of Mr. Andrechak, DSS has developed new RFID products and solutions to target the rapidly growing RFID market, which the Company outlines below.

Document Security Systems, Plastics Group (Formerly "P3" and "Plastic Printing Professionals"), located in San Francisco, California announced a product roadmap expansion of its radio frequency identification (RFID) offerings to meet customer demand for more intelligent credentials and item level tagging technologies.  The DSS Plastics Group's RFID-related sales of low frequency, high frequency, and ultra high frequency (LF, HF, UHF) products have tripled in the first six months of 2011 compared to the entire 2010 calendar year with more, larger orders expected in the coming second half of the 2011 calendar from both new and existing customers.  The roadmap includes selective development of complete RFID solutions that leverage the combined strengths of the DSS Group companies, including ExtraDev cloud computing group which was acquired by DSS in May of 2011. 

The upward trend in the company's RFID-enabled products is partly based on the organic growth and adoption of RFID applications in security and item tracking.  The Group fills a profitable niche in that these markets require very high reliability plastic constructions that protect the RFID circuitry within from the natural elements such as extreme temperatures and normal physical wear and tear more completely than traditional paper or plastic film RFID labels. Yet the Group's price points for its RFID constructions are below those of typical hardened, industrial RFID tags.  Additionally, all of DSS Plastics Group's products draw from its full color graphics printing, variable print, and mass serialization expertise gained from decades in the gift card and identification card markets.   The Group also has at its disposal the complete portfolio of patented print security features of the DSS parent company to include in higher sophistication RFID credentials and other constructions.  Even if the electricity goes out, the DSS Plastics Group's high intrinsic value RFID credentials can still be authenticated using multiple validation techniques.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs