Business Services Industry
Goodyear Tire Co. Launches NASCAR Goodyear Eagle Racing Tires with Advanced I.D. RFID Tags
Business Wire, Feb 17, 2006
CALGARY, Alberta -- Please replace the release with the following corrected version due to multiple revisions.
The corrected release reads:
GOODYEAR TIRE CO. LAUNCHES NASCAR GOODYEAR EAGLE RACING TIRES WITH ADVANCED I.D.
Advanced ID Corporation, A Leading Radio Frequency Identification/RFID Company, announces its Collaboration with Goodyear by Manufacturing the RFID Tag used in all NASCAR Tires for the 2006 Season
Advanced ID Corporation (OTCBB:AIDO) announced today that it has been collaborating with Goodyear Vehicle Systems to develop and manufacture the RFID tags embedded in the tires used in the 2006 NASCAR season. This includes the Nextel Cup, Busch and Craftsman Truck series races. The Daytona race on February 19 will feature the tires with the embedded RFID tag on all the cars.
Goodyear worked with Advanced ID to develop a RFID tag to meet the extremely harsh environment of NASCAR racing. Advanced ID has a production contract with Goodyear to provide the tags for all NASCAR races throughout the 2006 season.
Advanced ID has been working with Goodyear on this program since the middle of 2005. According to Dan Finch, President and CEO of Advanced ID, "We are pleased that Goodyear chose us to collaborate with them on the development and manufacture of their RFID tire tag, and plan to develop an ISO and AIAG standards-based generic tire tag for use by global tire manufacturers."
About Advanced ID Corporation:
Advanced ID Corporation (OTCBB: AIDO) is a complete solutions provider in the radio frequency identification (RFID) market. RFID provides a means for positive identification and trace-back of animals or objects that have been identified with a microchip or RFID tag.
The company has realized significant growth in 2005, primarily through the companion animal identification segment; Advanced Pet Microchip, the largest provider of companion animal identification in Canada.
Since 1994, Advanced ID Corporation has offered a product line of over 100 items comprised of low frequency (LF) RFID microchips, identification scanners, and a proprietary pet recovery database to the companion animal and biological sciences markets. Advanced ID Corporation supplies over 3,000 organizations such as animal shelters, veterinarians, breeders, government agencies, universities, zoos, research labs and fisheries with LF RFID devices for companion animals, equines, bovines, llamas, alpacas, ostriches, aquatic species, reptiles, migratory and endangered species. Advanced ID Corporation has implanted LF microchips in over 450,000 animals, currently tracks nearly one million animals in a proprietary pet recovery database, and reunites numerous lost pets with their families each month.
Since 2001 Advanced ID Corporation has been developing and commercializing its UHF line of food-animal and wildlife identification products and systems. Advanced ID Corporation continues to be actively involved with government and industry livestock identification and trace-back projects and pilots in Australia, Canada, China, Argentina, Thailand, Taiwan and the United States.
About Goodyear:
Goodyear is the world's largest tire company. Headquartered in Akron, Ohio, the company manufactures tires, engineered rubber products and chemicals in more than 90 facilities in 28 countries. It has marketing operations in almost every country around the world. Goodyear employs about 80,000 people worldwide.
Safe Harbor Statement: Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs and estimate as to projections are "forward-looking statements". Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially from expected results. These forward-looking statements represent the company's judgment as of the date of this release. Advanced ID Corporation does not undertake to update, revise or correct any forward-looking statements.
For a complete press kit or to schedule an interview please see the contact information below.
Advanced ID Corporation (OTC Bulletin Board:AIDO)
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions


