JADAK Acquires SkyeTek RFID for asset management, inventory tracking, and patient safety

Company acquires leading provider of UHF RFID Solutions for asset management, inventory tracking, and patient safety, serving OEM equipment suppliers across multiple industries

Syracuse, N.Y.— JADAK LLC (part of GSI Group Inc. – NASDAQ: GSIG), a global leader and supplier of HF RFID, optical data collection and machine vision technologies to original equipment manufacturers (OEMs) in medical, security, gaming and kiosk industries, today announced that it has acquired the assets of SkyeTek, a Denver, Colorado-based provider of embedded and standalone UHF RFID Solutions for OEM equipment suppliers.

SkyeTek specializes in high-performing UHF RFID technologies that maximize efficiency and visibility for OEMs serving the Medical and Pharmaceutical, Government, Hospitality, and Manufacturing industries. SkyeTek’s family of high-performance embedded and standalone UHF RFID modules are highly complementary to JADAK’s existing line of RFID solutions.

“The combination of SkyeTek with JADAK truly brings our RFID offering to new levels and enhances our value proposition with OEM customers in a variety of industries. This is a particularly exciting development for our medical customers as they search for new strategies to improve patient safety, asset tracking and anti-counterfeiting within the hospital environment and throughout their supply chain,” said Jeffrey Pine, Vice President of Business Development at JADAK.

“RFID growth has accelerated within the industrial, retail and healthcare markets in recent years. In healthcare for example, we’re seeing more and more OEMs integrate RFID to improve their customers’ workflow and reduce errors, thereby giving hospital staff more time to focus on the patients.” said David Miller, President of JADAK. “The addition of SkyeTek to JADAK’s already extensive RFID engineering capabilities makes us well positioned to bring a broader set of RFID technologies and services to our customers worldwide. We’re very excited that their team will join us and continue to innovate, providing industry-leading RFID solutions for our customers.”

From machine vision to RFID to barcode scanning to chart recorders and thermal printers, JADAK has a wide array of data collection products and services that help customers solve unique inspection, tracking, scanning and documenting challenges. JADAK is a market leading provider of embedded data collection and printing solutions for medical OEMs serving the healthcare and life science markets. In addition to healthcare, JADAK has deep industry experience in the security, gaming, and customer engagement (kiosk) industries, providing scanning, anti-counterfeiting and integrated printing capabilities. JADAK has headquarters and manufacturing in Syracuse, New York, with sales and technical locations across the globe. Visit www.jadaktech.com for more information.

SkyeTek has delivered RFID solutions for applications such as Inventory and Asset Management, Access Control, Product Authentication and Patron Management. Healthcare, Retail and Hospitality industries all across the globe utilize SkyeTek solutions to improve efficiency and solve business problems. Visit www.skyetek.com for more information.