Additional Information
Market: AIM
Sector: Technology Hardware & Equipment
EPIC: AMP
Latest Price: 4.00p  (0,00%)
52-week High: 7.13p
52-week Low: 2.25p
Market Cap: 5.40M
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Amphion Innovations
www.amphionplc.com

Amphion builds shareholder value in high growth companies in the medical and technology sectors, by using a focused, hands-on company building approach, based on decades of experience in both the US and UK.

Amphion has a significant shareholding in 8 Partner Companies developing proven technologies targeting substantial commercial marketplaces, each in excess of $1 billion. Each Partner Company is chosen with the goal of achieving an exit valuation in excess of $100 million.

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Amphion Innovations partner Axcess launches new wireless credential product

3rd Mar 2010, 10:20 am Amphion Innovations partner Axcess launches new wireless credential product

IP commercialisation company Amphion Innovations (AIM: AMP) said its partner company Axcess International has launched wireless business credential product Dot Wireless Credential, which encompasses location identification, sensing and control capabilities.

Dot is based on Axcess’ patented MicroWireless technology, which is built around RFID (radio frequency identification) principles designed for wireless messaging and optimized for automatic identification, sensing and control products.  They provide an improvement over architectures such as Wi-Fi and battery-assisted RFID with certain limitations regarding size, power management and signal robustness. The Dot card, which combines short range manual ID and facility wide auto ID, gives businesses the option to augment existing access control and ID systems to provide added-value solutions inside the enterprise in a single ID card.

Wireless Credentials provides businesses real time visibility into the location and status of their labor and assets inside their operation, also enabling numerous applications that have been proven to provide fast returns for customers. Previous generations of this product have been successful in enhancing security, safety and productivity across multiple industry segments.

The product addresses both very short range and long range uses by incorporated existing manual access control codes based on a license agreement with HID Global to use its technology in Dot Wireless. The company said that the combination of HID and Axcess’ technologies shows to solve business problems cost effectively. Axcess is authorized to use HID technology and applicable patents in its Wireless Credentials under the Genuine HID Technology program.

The product was used to protect US President Barack Obama during last year’s visit to Trinidad.

“We are introducing a local area wireless platform in card form with the capacity to add features tailored to specific uses and to keep things simple for the user by combining functions into a single card. Automated visibility into enterprise labor and assets has proven its value, and the options now are endless,” said president and chief executive of Axcess International Allan Griebenow.

Amphion has a significant shareholding in 8 partner companies including Axcess, targeting markets in excess of US$1 billion each with the goal of achieving an exit valuation in excess of $100 million for every partner.

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