News and Events

SpaceCode and MEDIREPORT Enter Into Joint Venture Partnership

London, United Kingdom – October 11, 2006

Following the breakthrough success of their collaboration, resulting in the launch of a line of RFID enabled smartcupboards SpaceCode a specialist RFID company and MEDIREPORT a specialist software company today announced the creation of a new joint entity “MEDITRACE”, which will focus on further developing advanced solutions for the healthcare industry.

“The success of our collaboration to date on the smartcupboards called for a dedicated structure in order to face exponential demand”, explains Paul Davis, CEO of SpaceCode. Though it remains technologically related to SpaceCode & MEDIREPORT, MEDITRACE is developing its own commercial network.

‘This is a very exciting time for both our companies’ commented Serge Makowski, CEO of Medireport ‘Our common strategy of focusing on unmet market needs that our competitors are unable to solve allows development of first to market solutions that experience rapid adoption and expansion. This joint venture aims to leverage this advantage and fully exploit the commercial potential of the combined skills, resources, and efforts of each company’

About SpaceCode: SpaceCode is a complete RFID systems provider for item level tracking, tracing and authentication of goods. The best in class technology is uniquely able to attain essential operating parameters for customers requiring complete visibility and knowledge of their entire supply chain, irrespective of whether the environment is RFID friendly or RFID hostile. Focusing on and addressing this key unmet market need has ensured that the company occupies a clear gap in the provision of customized item level solutions for our customers. The cutting edge solution provides breakthrough innovations that allow our clients to generate clear advantage over their competitors. SpaceCode together with its growing network of international partners and customers, is engineering the future of RFID.

About MEDIREPORT: Medireport has been a leading technology provider of software solutions to the RFID and heath care industry for more than 10 years. The company is the European market leader providing a comprehensive system that integrates clinical procedure capture, hospital record generation, and supplier inventory management. Medireport applications are implemented in more than 10 countries using advanced database technology in a multilingual platform thus allowing multicenter and multinational utilization and application. Medireport has extensive experience in high volume database management, remote maintenance and real time live application update allowing control and management of the application and database in all countries simultaneously.