Symbol and Datalogic expand OEM partnership

October 23, 2006
Datalogic, Inc.
News

Summary

Under the terms of the five year OEM agreement, which Symbol will be Datalogic’s exclusive supplier of laser scan engines and provide wireless technology. The contract’s total value is currently estimated to be up to $60-75 million over the five year term.

BOLOGNA and HOLTSVILLE, N.Y., October 23, 2006 – Datalogic and Symbol Technologies 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 provide wireless technology. The contract’s total value is currently estimated to be up to $60-75 million over the five year term. “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 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 Symbol Technologies Symbol Technologies, Inc., The Enterprise Mobility Company, 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. About Datalogic Datalogic is the largest European manufacturer of CCD and laser-based bar code readers and mobile computers. The vast range of Datalogic products includes both manual readers and fixed industrial scanners that can satisfy any application need, particularly in the manufacturing, transportation and logistics, and distribution and retail industries. With their advanced technology, intelligent design, and solid reliability, Datalogic products have been setting the industry standard for over 30 years. Datalogic is present in the promising RFID market via its subsidiary EMS Inc. ( Scotts Valley California ) with a leading position in the automotive sector, electronic manufacturers and warehouse management systems (WMS). In addition, with the recent acquisition of Laservall, the Group has entered the laser marking sector, that features extensive applications and outstanding growth prospects. Datalogic is quoted on the Milan Stock Exchange, and in 2005 produced revenues of Euro 205.9 million, of which over 80% is made abroad. It employs around 1800 staff world-wide and has its headquarters close to Bologna, Italy . Through its direct subsidiaries and Partner network, Datalogic is able to serve its customers world-wide guaranteeing the highest level of support. Learn More

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