RF Code Wins Innovation Award for RFID Asset Tracking Technology

RF Code, Inc., a leading provider of real-time location and sensor solutions, announced that it was recognized as 'Innovator of the Year' in the small-company category at the Governor's Celebration of Innovation awards dinner at the Pointe South Mountain Resort in Phoenix.

The program annually brings together Arizona's top technologists, corporate executives, entrepreneurs, legislators, investors, and policymakers for an awards dinner hosted by the Arizona Technology Council and the Arizona Department of Commerce. The small-company category honors the top innovator with less than $50 million in annual revenues that has achieved significant business success, technical innovation, or scientific achievement in the past calendar year.

"To be acknowledged as the top small company innovator in a state that includes many leading-edge biotech, software, medical and semiconductor firms is truly an honor," said RF Code executive vice president and CFO Kevin Hanson, who accepted the award. "Our patented, active RFID technology and Real-Time Locating Systems (RTLS) have been developed for demanding enterprise asset tracking applications around the world. Being recognized by the greater technology community in our home state is a strong indication that the value of our active RFID and RTLS work is being appreciated by business leaders from a variety of industries."

About RF Code, Inc.

RF Code is the premier developer of Real-Time Location and Sensor Solutions. Founded in 1997, the company's hybrid RTLS platform and active RFID asset tracking technology are used to precisely track the location and condition of valuable assets, inventory and personnel. RF Code and its certified partners develop solutions that are used around the world in demanding industry environments including healthcare, defense, manufacturing, hospitality, transportation, aerospace, information technology and homeland security. For more information, please call (877) 969-2828 or visit www.rfcode.com.

About the Governor's Celebration of Innovation

The Governor's Celebration of Innovation was established in 2003 by combining two technology award ceremonies: the High Tech Industry Cluster's 17-year student awards ceremony and the Arizona Software and Internet Association's 10-year "Celebration of Innovation". With the addition of the Governor's support, the Governor's Celebration of Innovation has become the premier technology community gathering of its kind in Arizona. The 2006 Governor's Celebration of Innovation took place on December 5th and was a colossal success with over 1,200 in attendance. For more information on the GCOI, visit http://www.celebration-of-innovation.com.

About The Arizona Technology Council

The Arizona Technology Council is the largest member-driven technology association in the state. The AZ Tech Council represents the interests of over 235,000 employees across more than 500 of the leading technology companies their support firms, educational institutions and state-wide economic development groups that collectively form Arizona's technology community. Donna Kent was named president and CEO of the AZ Tech Council in November 2005. Along with Ms. Kent, the organization is led by chairman of the board, Michael Berens, an appointed executive committee and a board of directors comprised of a cross-section of academic, private and public sector professionals. For more information, visit http://www.aztechcouncil.org