NeWave Sensor
Solutions
Spotlights Smart Shelf
at RFID Journal LIVE!
Plain City, Ohio-March 26,
2014 – NeWave Sensor Solutions, LLC today
announced the launch of their advanced Smart Shelf system at the RFID Journal
Live Conference to be held April 8-10 in Orlando, FL. This patented NeWave Smart
Shelf RFID technology is a no tags required solution that provides retailers
with highly accurate, instant notification of merchandise theft at their retail
shelf as well as low or out of stock conditions. Recent Smart Shelf enhancements
include a new antenna configuration that is designed to immediately target high
theft products and a new wireless configuration that does not require cable
drops. These new changes greatly simplify installation by minimizing
installation labor and follow-on maintenance. Smart Shelf is well proven in
numerous in-store pilot tests and is now being rapidly expanded to full retail
commercialization.
RFID Journal LIVE! is the world's largest and most important event focused
on
radio frequency identification and related technologies is now in its 12th year.
RFIDJ Live features more than 200 exhibitors from around the world. NeWave will
be participating with Intermec at Booth #300.
The NeWave Smart Shelf utilizes the revolutionary Wave® RFID antenna, the first
and only antenna specifically designed to be used for real-time, highly accurate
item-level RFID performance. Out of Stock and low stock conditions can now be
immediately detected and corrected to accelerate sales and improve customer
satisfaction. Based on criteria set by the retailer for low inventory limits,
the Smart Shelf software signals a stock alert that can be immediately sent via
any smart device to store managers, local and regional loss prevention personnel
or anyone who needs to notified of theft or low inventory availability. Smart
Shelf provides real-time automatic monitoring and notification of on shelf
merchandise availability with as little as a smart phone. Potential Organized
Retail Crime (ORC) incidents are alerted to appropriate store personnel in
seconds while the perpetrator is still at the shelf rather than at the front
door, stopping theft and avoiding an associate confrontation. NeWave will also
be prepared to discuss their patent pending, no tags required, Smart Inventory
Management System (SIMS) ™ and their variety of portal solutions.
Joe Ryan, CEO of NeWave stated: “We are excited to be highlighting this new
technology at the annual RFID Live Conference. NeWave’s Smart Shelf is the first
highly accurate, no tags required solution that is ideal for continuously and
wirelessly monitoring merchandise availability in real-time. Smart Shelf is a
proven real-world solution that has dramatically reduced both retail theft and
out of or low stock conditions and inventory and to generate a very positive
Internal Rate of Return and Return on Investment (ROI). Retailers and consumer
goods manufacturers have never before had immediate access to the highly
detailed, on shelf item level inventory movement data that our solution
provides. The productivity improvement resulting from this data is worth the
investment by itself. The Smart Shelf can operate as a stand-alone system or as
an integrated solution that is compatible with most common communication
devices. The system pays for itself in months.”
About NeWave Sensor Solutions, LLC*
NeWave® Sensor Solutions is a leading provider of optimized solutions for
today’s most challenging item-level Radio Frequency Identification (RFID)
problems. The company develops industry-standard RFID technology based on the
patented Wave® Antenna that sets a new standard for accuracy, versatility and
efficiency. The Wave is the first and only antenna specifically designed to be
used for item-level RFID solutions. NeWave’s core technology was developed by
the world-class ElectroScience Laboratory (ESL) of The Ohio State University, a
pioneer in RF research and development under the direction of NeWave’s Chief
Technical Officer (CTO), and is produced in partnership with Wistron NeWeb
Corporation (WNC), the Taiwan-based global leader in antenna manufacturing.
NeWave’s management team leverages a strong technical and international business
heritage in a variety of industries for accomplishing its mission of providing
optimized solutions to today’s greatest RFID challenges.
For more information, please visit us at
www.newavesensors.com.
*NeWave®, Wave®, Smart Shelf™ and SIMS™ are registered trademarks of NeWave
Sensor Solutions, LLC Plain City, Ohio USA
Contact Information:
Don Taylor, Director Business Development
NeWave Sensor Solutions
9011 Heritage Drive, Plain City, Ohio 43064
Mail to:
drt@newavesensors.com
954-415-3406
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