Symbol and Datalogic Extend and Expand OEM Partnership
17 October 2006 - 11:30PM
PR Newswire (US)
BOLOGNA and HOLTSVILLE, N.Y., Oct. 17 /PRNewswire-FirstCall/ --
Datalogic S.p.A., one of the world's leading manufacturers of
barcode readers and portable terminals for data capture, and Symbol
Technologies, Inc. (NYSE:SBL), The Enterprise Mobility Company(TM),
today announced an extension to their Original Equipment
Manufacturer (OEM) agreement. Under the terms of the five year
agreement, which contains a five year renewal option, Symbol will
be Datalogic's exclusive supplier of laser scan engines and also
provide wireless technology. The contract's total value is
currently estimated to be up to $60-75 million over the five year
term. (Logo: http://www.newscom.com/cgi-bin/prnh/20041029/SYMBOLOGO
) "The renewal of our contract with Symbol is a testament to the
value Symbol brings to Datalogic and its customers," said Roberto
Tunioli, chief executive officer, Datalogic. "By extending and
expanding our relationship with Symbol, Datalogic can redeploy
resources and focus on product development and our core
manufacturing and research initiatives." For the past 14 years,
Symbol has supplied Datalogic with laser scan engines and radio
cards which were embedded in Datalogic's handheld scanners and
mobile computers. The exclusive agreement announced today will
enable Datalogic to rely on Symbol's continued innovation and
expertise in scan engines, wireless technology, and other mutually
agreeable technologies. "As the leading OEM of scan engines in the
automatic identification/data capture (AIDC) market, we are pleased
to become an exclusive supplier to Datalogic," said Sal Iannuzzi,
president and chief executive officer, Symbol Technologies. "Symbol
remains focused on providing our customers and partners with
cutting-edge technologies; and this OEM relationship demonstrates
our continued commitment to innovation, research, and product
development." With more than eight million scan engines installed
worldwide, Symbol's scan engines are designed to deliver peak
performance and high reliability to ensure the accurate capture of
information. Symbol's scan engines provide quality, reliability,
performance and durability for the scanning and decoding of
one-dimensional (1D) or two-dimensional (2D) bar codes. About
Datalogic Datalogic is the largest European manufacturer of CCD and
laser-based bar code readers and mobile computers. Datalogic is
present in the promising RFID market via its subsidiary Escort
Memory Systems Inc. (Scotts Valley, California), with a leading
position in the automotive sector, electronics manufacturers and
warehouse management systems (WMS). In addition, with the recent
acquisition of Laservall, the Group has entered the laser marking
sector, which features extensive applications and outstanding
growth prospects. Also, at its Informatics subsidiary in Plano,
Texas, the company offers a broad array of software and hardware
solutions which serve the emerging small business segment.
Datalogic, with its headquarters in Bologna, Italy, is quoted on
the Milan Stock Exchange, and employs approximately 979 staff
world-wide. The company is directly present in Australia, Austria,
Denmark, Finland, France, Germany, Great Britain, Hong Kong, Italy,
Japan, the Netherlands, Spain, Sweden and the USA. In order to
promote its products and improve the quality of its service to all
its customers, Datalogic has developed a wide network of partners
in over 40 countries, selected and qualified in order to offer
services and solutions up to the highest level in the industry. For
more information, please visit http://www.datalogic.com/ About
Symbol Technologies Symbol Technologies, Inc., The Enterprise
Mobility Company(TM), is a recognized worldwide leader in
enterprise mobility, delivering products and solutions that
capture, move and manage information in real time to and from the
point of business activity. Symbol enterprise mobility solutions
integrate advanced data capture products, radio frequency
identification technology, mobile computing platforms, wireless
infrastructure, mobility software and world-class services
programs. Symbol enterprise mobility products and solutions are
proven to increase workforce productivity, reduce operating costs,
drive operational efficiencies and realize competitive advantages
for the world's leading companies. For Symbol Technologies: For
media information: Bill Abelson Betsy Blicharz Symbol Technologies,
Inc. Edelman Public Relations 631.738.4751 212.704.4484 For
financial information: For industry analyst information: Lori
Chaitman Shirley Schroedl Symbol Technologies, Inc. Symbol
Technologies, Inc. 631.738.5050 631.738.4823
http://www.newscom.com/cgi-bin/prnh/20041029/SYMBOLOGO
http://photoarchive.ap.org/ DATASOURCE: Symbol Technologies, Inc.
CONTACT: Media, Betsy Blicharz, +1-212-704-4484, , of Edelman
Public Relations, for Symbol Technologies, Inc.; or Bill Abelson,
+1-631-738-4751, , or Financial Information, Lori Chaitman,
+1-631-738-5050, , or Industry Analyst Information, Shirley
Schroedl, +1-631-738-4823, , all of Symbol Technologies, Inc. Web
site: http://www.symbol.com/ http://www.datalogic.com/
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