AXCESS PARTNERS WITH HONEYWELL IN SEPARATE OEM, R&D AGREEMENTS

DALLAS

AXCESS Inc. announces that it has signed separate OEM and joint research and development agreements with Honeywell of Morristown, N.J. Under the OEM accord, Honeywell’s Home and Building Control Division will promote, market, integrate, sell and service AXCESS’ automatic identification and digital video product lines through its dealer, distribution and direct sales channels. The R&D pact partners AXCESS and the Honeywell Technology Center to enhance the product and expand the use of AXCESS’ “active” radio-frequency identification (RFID) tagging to other industry applications.

“The agreements are a milestone in our joint efforts, which began more than a year ago,” says Allan Griebenow, president and CEO of AXCESS. “I expect both companies to benefit greatly from the rapidly increasing demand for RFID and digital video products and applications.”

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