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SYMX Completes Acquisition of Guest Technologies

Thursday, November 15, 2007 General News
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MIAMI, Nov. 15 SYMX Technologies, Inc., a leading providerof enterprise visibility solutions using wireless networks to accuratelylocate and manage assets and people in multiple environments, announced todayit has acquired Guest Technologies, LLC, Laguna Hills, CA, a leading providerof RFID-based interactive services systems to hospitality, entertainment andgaming venues. These guest-enabled systems provide real-time locating ofindividuals, amenity location, facility navigation, cashless spending,attraction reservation and venue information. The Guest Technologies Systemhas been available at theme parks, ski resorts, casinos, cruise ships andshopping mall locations in the Americas and Europe.
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This company will serve as a new SYMX division, under the name SYMX GuestTechnologies, and will leverage the SYMX development and marketinginfrastructure to continue to expand its technology platforms into largervenues and international markets. SYMX is planning to utilize the GuestTechnologies systems to further enhance its product and service offerings,particularly its patient tracking capabilities to U.S. healthcare facilities.The Guest Technologies software and systems gives institutions an efficientmethod to connect, empower and communicate with its guests, providing bettercoordination and access to products and services, in addition to improvedsafety and peace-of-mind for patrons. It is that philosophy which SYMX plansto use to develop a more comprehensive offering to hospital customers.
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"By combining our complementary technology portfolios, deep industry-specific domain knowledge, sales channels and customer bases, the new SYMXGuest Technologies hospitality and entertainment division establishes itselfas a global leader in providing RFID real-time location technology solutionsfor customers, both inside and outside the four walls of their enterprise,"said Andy Ramos, C.E.O. of SYMX Technologies.

Tim Giraldin, former president of Guest Technologies, will serve asPresident of the new SYMX Guest Technologies hospitality and entertainmentdivision. The division will continue to be based at the former GuestTechnologies headquarters building in Laguna Hills, California, and willutilize resources throughout SYMX.

"Through our merger with SYMX, we have created a business that is uniquelypositioned to provide customers with an unrivaled product portfolio in theRFID world," said Giraldin. "We are blending Guest's 8 years of RFIDtechnology and know-how with SYMX's leadership to achieve an elevated positionas a global enterprise RFID leader."

About SYMX Technologies

SYMX Technologies is a wholly owned subsidiary of SYMX Corporation, aninternational provider of asset management services for healthcare, withoffices in Miami, Fla. and Richmond, Va., providing equipment life cyclemanagement services to hospitals, integrated healthcare systems and grouppurchasing organizations, as well as government entities. SYMX Technologiesuses its proprietary software solution "SYMX ATLAS" (Asset Tracking LocationAccountability System) to allow businesses to keep track of important assets,equipment and people, in order to substantially improve overall processes andworkflows, while ensuring that the levels of corporate security and customerservice are adhered to. The company brings years of dedicated healthcareexperience to the customer, producing the high flexibility necessary to alignincentives and reach the customer's financial and patient initiatives and helpcustomers control costs and improve efficiencies.

This release was issued through eReleases(TM). For more information,visit http://www.ereleases.com.Contact: Laurie Foster SYMX Technologies (305) 470-9994 [email protected] http://www.symxcorp.com

SOURCE SYMX Technologies, Inc.
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