Indala Reports Record Growth for Second Consecutive Year

Indala Corporation, an industry leading manufacturer of contact and contactless cards, tags, readers, and core electronics modules for physical and logical access control announced that it has achieved record growth in 2004 for the second consecutive year. Joe Grillo, chief executive officer of Indala parent company, Identification Technology Group (ITG), and Marc Freundlich, Indala president, made the announcement during a "town-hall" employee meeting at the Company's San Jose headquarters.

Grillo credited Indala's impressive growth to a number of factors. "First and foremost, Indala's experienced staff is truly dedicated to customer needs and is backed by an innovative management team. This year Indala launched several successful products in the traditional proximity product line and developed unique identification solutions to support the growing demand for logical access-control solutions for companies such as Microsoft and Procter & Gamble," he added.

"Our performance in 2004 clearly demonstrates increased customer demand for high quality identification products and services, fast delivery, and exceptional customer support," said Freundlich. "With customized ID solutions available in both low and high frequency RFID product lines, Indala can advise, deliver, and manage enterprise ID securely and quickly. And with the recent acquisition of MR Access, (now Indala Ltd.) which increases our product range, customer portfolio, and production capacity, we fully expect 2005 to be another strong year for Indala."