Advanced ID Corp. (Ticker: AIDO)

'AIDO currently supplies more than 3,000 organizations, including animal shelters, veterinarians, breeders, government agencies, universities, zoos, research labs and fisheries with RFID devices for companion animals.

For more information on AIDO visit here

Press Release Advanced ID Corporation Reports Solid Second Quarter Results...(AIDO) 

Revenues Increase 90%. Business Expands to China, Taiwan, Portugal, UK, Germany, US, Brazil & Mexico. New Distribution Agreements Bring Products to India and Indonesia

• After agreeing to purchase 2 million of the Company’s UHF/RFID chips, Qingdao, China-based Qingdao Mesnac Co., became the world’s first tire manufacturer to commit to embedding RFID tire tags in a commercial truck line.
• As part of its expansion in the region, the Company acquired 20% interest in its Brazilian distribution partner.
• The Company’s UHF/RFID reader business secured ten new customers for reader sales and continues to gain worldwide acceptance.
• As of the second quarter 2008, sales include clients in China, Taiwan, Portugal, UK, Germany, US, Brazil and Mexico.
• Continued progress streamlining the Company’s operational controls, including implementation of a new accounting system assisting international sales/accounting efforts.
• Twenty distributors throughout the world now sell the Company’s technology solutions.

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