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Virtus to push Hong Kong as logistics hub

Posted: 02 Feb 2009 ?? ?Print Version ?Bookmark and Share

Keywords:Hong Kong logistics? technologies RFID? logistics hub technology?

Virtus Asia Ltd and GS1 Hong Kong Ltd have signed a memorandum of understanding where Virtus will team up with the Hong Kong RFID Centre set up by GS1 HK.

Virtus was invited to team up with RFID Centre to move toward the shared vision of positioning Hong Kong as regional logistics technology hub. The RFID Centre is in the Hong Kong Science Park and was established to promote Hong Kong and the Pearl River Delta Region of China as a regional center for accelerated adoption of electronic product code (EPC)/RFID technologies and other complementary technologies (i.e. sensor technologies).

Virtus will showcase its innovations in the RFID Centre's showroom. Among these technologies are applications developed using its proprietary inertial sensing technologies including its multi-sensing V-logger (announced Aug. 2008). The company claims that its V-logger is the world's smallest and most inexpensive integrated data logger that can be used by the logistics industry to monitor and record acceleration, temperature and humidity data during the shipping of a variety of goods.

"Through the upcoming showcase on integrated sensor and RFID solutions by Virtus and other partners at the Centre, we hope to further accelerate the development of state-of-the-art technology products as well as the industry's adoption of RFID technology with an ultimate goal to further strengthen Hong Kong's position as a regional technology hub," said Ronald Heung, center manager of the Hong Kong RFID Centre. "The emergence of the 'Internet of Things' is shaping the future digital world. This vision, which is primarily enabled by RFID with some other advanced complementary technologies such as sensors, requires collaboration and innovation of the business and technology community."

Virtus will showcase its innovations in the RFID Centre's showroom.
"We are very delighted to partner with Virtus," Heung added. "The products could be niche products for specific industries such as sensors for the logistics industry or mainstream products such as next generation mobile phones with RFID, NFC, GPS and Virtus' multi-axis accelerometer technology etc."

Virtus Asia, based in the Hong Kong Science Park, plans to expand to increase its collaboration and interaction with groups such as GS1 and customers and partners in China and Asia. "We are very excited about working with GS1 and are happy about the strong acceptance of our new products in the region. GS1 has an impressive facility to showcase leading logistics/shipping oriented technologies, and we look forward to collaborating with them," commented Louis Ross, CEO of Virtus Asia.

Through supporting technologies at its showcase facility, hosting demonstrations and developing proof-of-concept technologies and devices, the RFID Centre serves to nurture the development of key technologies such as RFID and sensors. Virtus' participation in the Centre is expected to attract business opportunities that stimulate the integration of inertial sensing technologies with other technologies.

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