NCR Acquires IDVelocity

24 May 2006

New Delhi: NCR Corporation (NYSE: NCR), a global leader in end-to-end RFID solutions, has acquired the assets of privately held IDVelocity LLC, based in Greensboro, NC, a global leader in RFID infrastructure and process management software. ADC, IDVelocity''s pioneering technology platform, dramatically reduces the effort to create, deploy and support fixed and mobile solutions using RFID and all other forms of Auto-ID.

With more than 200 implementations of its infrastructure and process management software, IDVelocity helps companies collect, move and utilise data from millions of RFID and other Auto-ID transactions each day. IDVelocity''s pioneering technology dramatically reduces the effort to create, deploy and support fixed and mobile solutions using all forms of RFID and other Auto-ID technologies.

"The acquisition of IDVelocity represents a significant opportunity to extend NCR''s RFID solution portfolio," says Lee Schram, senior vice president, NCR. "Many believed the price of tags would be the greatest inhibitor to RFID adoption. But, in fact, transforming RFID data to eliminate the need for human intervention has been the true inhibiting factor and the most difficult to overcome. This acquisition, together with other technology from NCR, virtually eliminates that concern for our customers."

One component of NCR''s RFID solution is the Teradata database. IDVelocity technology supports the ability of a Teradata''s Warehouse to provide actionable analytics by tracking and evaluating item movements at a detailed level and to see those movements at more frequent points in the supply chain.

Schram adds, "NCR also understands that the real breakthrough in operational efficiency and supply-chain security will not come from RFID alone, but through its combination with other technologies such as global positioning systems, biotechnology, voice, bar codes and sensor technologies. IDVelocity provides NCR the foundation to create and deliver solutions utilizing any combination of these technologies."

Ken Hamlin, IDVelocity founder, who will lead the organisation within NCR, says, "Across industries, RFID opportunities for business impact have created a large demand for complete RFID solutions. NCR is uniquely positioned to globally deliver end-to-end RFID solutions. Becoming part of NCR will give IDVelocity, its partners and customers access to world-class technology and best practices across all major industry verticals, and will enable us to further extend our solutions worldwide."