Vue Technology and Symbol Technologies announced yesterday that they will enter into an agreement to develop RFID technology to curtail the theft of software and hardware products.
The use of RFID technology in the sale of pharmaceutical items is seen as a good thing, according to Kara Romanow, the research director at AMR Research Inc, "Tagging everything all the time doesn’t provide a lot of value, but tagging specific items to try and prevent counterfeiting does, such as high-end apparel, shoes, jewelry, sporting goods and pharmaceuticals. Tagging specific high-value items where counterfeiting is a problem holds tremendous potential for return on investment on technology projects."
The RFID platform will be called TrueVue RFID and it will allow retailers the ability to track inventory and sales.
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