Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

SAVR starts company, becomes its subsidiary

Tuesday, January 6, 2009

SAVR Communications, a Texas-based firm specializing in RFID-enabled asset tracking solutions, has announced the creation of a new company. It has also announced the sale of itself to this new company.


The new company, OnAsset Intelligence, will focus on machine-to-machine monitoring. As the subsidiary of OnAsset Intelligence, SAVR will continue business as usual, operating as the RFID branch of the company.

A spokesman for SAVR says the restructuring and rebranding of the company is intended to call attention to a successful product line created by SAVR, the OnAsset Platform solution.

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Operational Research Consultants Inc. (ORC), a subsidiary of WidePoint Corp., has been authorized to issue PIV-I as a certified non-federal issuer.

As a non-federal issuer, ORCs identity credentials, issued to government contractors, state and local governments, first responders and health care providers, have additional interoperability for customers who wish to conduct e-government and e-commerce transactions with other entities across the Federal Bridge.

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Identive Group Inc. has announced a deal to acquire a majority stake in Hamburg, Germany-based payment solution AG, a cashless payment system provider for stadiums, arenas and other types of entertainment venues.

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Leo InnoTech (LIT) and UPM RFID have carried out a large-scale item-level RFID implementation for a Chinese apparel company focusing primarily on warehouse logistics optimization.

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A new Morpho company under the Safran group has been launched called MorphoTrust USA.

The new company, which was formed after the acquisition of three divisions and the headquarters of former biometrics developer L-1 Identity Solutions, will serve as an identity solutions provider dedicated to the U.S. market only.

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HID Global announced an expanded portfolio of RFID asset tracking solutions designed to meet the demands of industries including logistics, automation and manufacturing, medical and health care, returnable transport items and waste management.

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California-based hosted and enterprise solution provider SutiSoft has announced new and different signing options for SutiSign, its electronic signature product that enables electronic signing of documents.

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