newave® and Smart Label Solutions Complete an Exclusive Agreement

PLAIN CITY, Ohio - Jan. 17, 2019 - PRLog -- Plain City (Columbus),Ohio- newave Sensor Solutions, LLC announced that the exclusive agreement with Smart Label Solutions (SLS) and the newave wave® antennas used in the SLS smartPORTALS™  has been extended through 2021.The agreement covers North America and continues the successful market leadership by SLS for their smartPORTALS™ which are powered by newave's patented wave® antenna. In addition to the portals, SLS will be the lead manufacturer/assembler for the patented and award winning smartShelf™ for North America.

SLS will also have lead installation responsibility for both smartShelf and smartInventory Management System™ (SIMS). SLS will both conduct installations as well as coordinate with outside installation partners as needed to meet all end-user expectations.

Jeff Hudson, CEO of Smart Label Solutions stated: " We have been a believer in the superior newave antenna performance for over 5 years and have worked very closely with newave to specifically design our portals to take maximum advantage of the superior wave® antenna. SLS has installed over 6,000 of these portals in some of the largest companies in the world. We are excited to continue and deepen our partnership with newave and to expand into the smartShelf (http://www.newaverfid.com/RFID-Solutions/Smart-Shelf)™ system. We believe that smartShelf has outstanding potential to be the leading real-time on-shelf retail inventory availability system and we are very pleased to be a key partner in making that a reality".

Barry Burnside, a Founder and Board Member of newave advised: "newave and SLS have had a very successful partnership and with this agreement we will work even more closely together to leverage our synergistic core competencies and marketing activities. Specifically, we plan to optimize newave's superior patented RFID technology, solution designs, and products as well as capitalizing on SLS' exceptional and well proven in-market execution experience and capability. This is truly a win/win."