Sirit Signs NFC Contract with BenQ Corporation

(NFCMarket.com) - Sirit Inc. a leading provider of RFID technology, announced that it has secured a Near Field Communications (NFC) contract with BenQ Corporation ("BenQ"), one of the world's largest consumer electronics original equipment manufacturers (OEM).

The contract calls for Sirit to serve as BenQ's supplier of embedded NFC software and technology engineering services for BenQ's forthcoming NFC mobile smartphones and handsets. This design win further validates the value proposition and expertise of Sirit's NFC team in helping OEMs shorten their development cycles and time to market for NFC-enabled devices.

"Given the significant and immediate opportunity for NFC handsets in the Asia Pacific region and globally, time to market is critical to our success," said Dr. SS Chen, the Associated Vice President of Mobile Communication Business Group of BenQ Corporation. "We chose Sirit's NFC team to help us in our development of NFC handsets based on their early involvement in the NFC market. Leveraging their demonstrated expertise with embedded NFC software and successes working with OEMs, we are confident in the Sirit's NFC team's ability to help accelerate our time to market."

"BenQ is a multi-billion dollar Taiwan-based technology innovation leader, supplying mass-market consumer devices including smartphones, displays, and digital home peripherals," commented Chris Leong, Vice President, NFC and Contactless at Sirit Inc. "We are honoured that BenQ has chosen Sirit's NFC team as its supplier of embedded NFC software and services. We look forward to helping BenQ capitalize on the NFC opportunity in the Asia Pacific region and beyond."

About Sirit Inc.

Sirit Inc. is a leading provider of RFID solutions worldwide. Harnessing the power of Sirit's enabling-RFID technology, customers are able to more rapidly bring high quality RFID solutions to the market with reduced initial engineering costs.

Sirit's products are built on more than 13 years of RF domain expertise addressing multiple frequencies (LF/HF/UHF), multiple protocols and are compliant with global standards. Sirit's broad portfolio of products and capabilities are easily customized to address new and traditional contactless market applications including Near Field Communication, Supply Chain & Logistics, Cashless Payment (including Electronic Tolling), Access Control, Automatic Vehicle Identification, Inventory Control & Management, Asset Tracking and Product Authentication.