A Sure Sign that RFID is Becoming a Red Hot Marketplace
News from Montreal... AbsoluteSKY, Inc... a developer of Radio Frequency IDentification (RFID) solutions for the retail sector, has begun publicly trading its shares under the stock symbol ABSY.
The other day, you may recall, an RFID company based in Morgan Hill, California, announced its plans for an IPO, too.
When investors finally find the scent, you know there's more to a market than just hype.
...AbsoluteSKY holds the potential to move to the forefront of the rapidly emerging RFID field, which industry experts have predicted to grow to over $2B U.S. worldwide in 2006, with the retail sector accounting for almost half of this figure in the U.S. alone, becoming over $3B US by 2008.
The other day, you may recall, an RFID company based in Morgan Hill, California, announced its plans for an IPO, too.
When investors finally find the scent, you know there's more to a market than just hype.
...AbsoluteSKY holds the potential to move to the forefront of the rapidly emerging RFID field, which industry experts have predicted to grow to over $2B U.S. worldwide in 2006, with the retail sector accounting for almost half of this figure in the U.S. alone, becoming over $3B US by 2008.
posted by Dave at Wednesday, April 19, 2006
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