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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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