Traxxec Teams with Rexam for RFID Enabled Packaging

Traxxec, Inc. has entered into a fifteen year patent exclusive license agreement with Rexam to supply a range of RFID enabled products developed in line with recent guidelines set forth by the US Food and Drug Administration.

The product has been marketed by Rexam and exhibited at major corporate events worldwide. Traxxec, Inc who will support Rexam in this agreement had spent more than six years on the development of systems and product prior to licensing and an operational system was first formally presented to the industry at the Barcelona Conference in 2002. Two pilot implementations demonstrated cost benefit by leveraging the technology.

A pharma industry funded project concluded that there was considerable benefit in a container that was more robust and Radio Frequency enabled at source of manufacture.

The Traxxec development of its first such product has been strategically focused on the technical specification and market acceptability. The adoption of RFID in modern supply chain manufacturing businesses needing to identify and track materials, work in progress and finished goods have shown reductions in manpower costs, reduction in errors and has been used as an anti-counterfeit measure.

Source: Traxxec