RegardingID Archive | Solicore announces new COO, distribution deal

Friday, November 7, 2008

Solicore, maker of embedded power solutions for a variety of technologies including RFID, has announced two moves intended to increase the company’s market presence. With a new chief operating officer with a background in developing new business markets and a distribution deal to increase their market share in Eastern Europe, Solicore hopes to grow the market exposure of its flagship product, the ultra-thin Flexion battery line.

Solicore has named Daniel J. Tillwick as the company’s new COO. Tillwick is an industry veteran with a background in chemical engineering and business. Over a twenty year career, he has a history of managing rapid manufacturing and operations growth at a number of companies. His previous employers include Jabil Circuit, Tracewell Systems, and Zimmer Packaging.

Solicore has also announced a distribution deal with Ineltro Electronics GmbH, an Austrian electronics components supplier. The agreement will leverage Ineltro’s extensive customer base in expanding the distribution of the Flexion battery in Austria, Croatia and Slovenia.

EarthSearch inks deal to curb oil theft, Nigeria

EarthSearch Communications has entered into a partnership agreement with Cynox, the Nigerian technology solutions provider, to monitor fuel levels in oil tankers.

In Nigeria, the cancellation of government oil subsidies has lead to increasing concerns over oil theft. EarthSearch’s integrated RFID and GPS product, together with level sensor technology will be used to monitor sudden drops in fuel level to detect the unauthorized siphoning of oil from the top of tanker.

Florida company creates OTP device

SurePassId, located in Melbourne, Fla., has created a credit card-sized device to generate one-time passwords in the hopes of reducing occurrences of identity theft and fraud, reports the Orlando Sentinel.

Homeland Security nabs Seattle students buying fake IDs

Obtaining fake IDs, such as driver licenses, is becoming harder for college students. Not only must they deal with local law enforcement, the Department of Homeland Security can also get involved.

BWG Foods inks deal for contactless technology

BWG Foods, an Irish wholesaler and retail grocery franchise operator, is expected to roll out contactless technology in the majority of its 900 stores after a recent deal announced with Visa, according to The Irish Times.

Aware sells patents to Intel for $75 million

In an effort to sell and/or license part of its patent portfolio, Massachusetts-based Aware Inc. has signed an agreement to sell some of its patents and patent applications to Intel Corporation for $75 million.

Albron inks deal to accept biometric and contactless payments

Albron, an independent caterer in the Netherlands, will offer biometric- and contactless-based payments in its restaurants thanks to a newly signed agreement with pan-European payment processor Equens.

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Solicore announces new COO, distribution deal