RC Group (Holdings) Signs RFID Solutions Pact >RCG.LN

LONDON (Dow Jones)--RC Group (Holdings), an international security systems provider that specialises in the development and provision of biometric identification and RFID technologies, said Monday that it's signed a memorandum of understanding (MOU) with the Guangdong Zhongshan Xiaolan Industrial General Corporation (XLIC) for its appointment as the government organisations' chief technical consultants.

Under the MOU the group will initially be commissioned to deliver its newly developed packaged RFID solutions for the use in warehouse and logistics management to manufacturing enterprises throughout the industrial region of Xiaolan in Southern China.

With over 11,000 commercial enterprises currently established in Xiaolan, the group confidently anticipates winning further contracts through its association with the XLIC in the coming year and expects to dominate one-fifth of the market share in Xiaolan through its provision of consultancy services and packaged RFID solutions, RC said.