Savi Technology Recognized as One of Top Information Technology Providers in Computerworld Honors Program

1 January 1970

Savi Technology, a provider of active Radio Frequency Identification (RFID)-based supply chain solutions, was recently named one of the top five information technology providers in the "Business Related Services" category of this year's Computerworld Honors Program. Savi Technology's innovative EchoPoint(TM) technology and SmartChain(R) Software Suite were nominated by Morgan Stanley, a global financial services firm and market leader in securities, investment management and credit services.

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Savi Technology, a Lockheed Martin (NYSE: LMT) company, provides solutions for the management, security and condition of commercial and military supply chain assets, shipments and consignments. In case studies presented to the judges, Savi's solutions have proven to help the U.S. Department of Defense and international defense forces reduce excess supplies, improve fill order rates and enhance war fighter confidence. Examples also showed that Savi Trak(TM), the real-time information service provided by Savi Networks, has helped improve the visibility, operational efficiency and security of international commercial cargo shipments.

"For the 18th consecutive year, the Computerworld Honors Program has identified the most innovative organizations and people who use technology to promote positive, social, economic and educational changes," said Bob Carrigan, chairman of the Computerworld Honors Program Chairmns' Committee and president, IDGH Communications.

Savi's EchoPoint is a highly configurable technology system using multiple frequencies for spot-level and wide-area locating of assets, and includes Savi's active, data-rich RFID tags, readers and signposts. Savi's SmartChain software products include supply chain applications and enterprise software, which enables users to leverage real-time information from Savi's own active RFID EchoPoint products as well as other Automatic Identification and Data Collection devices, ranging from bar codes, sensors, passive RFID and GPS location systems.

Each year, the Computerworld Chairmen's Committee, a group of 100 Chairmen/CEOs of global technology companies, nominates individuals and organizations worldwide whose visionary application of information technology promotes positive social and economic progress. Nominations are evaluated by an independent board of CIO-level judges.

More than 400 nominations were submitted from 23 countries. Savi Technology has been the recipient of numerous awards in recent years, including from market analyst firms such as the ARC Advisory Group and Frost and Sullivan, organizations such as the World Economic Forum, and magazines such as World Trade, Inbound Logistics, Red Herring, and others.

About Savi Technology

With over 16 years of experience, Savi is a leading provider of active RFID solutions for the management and security of supply chain assets, shipments and consignments. Savi's integrated RFID hardware and software solutions drive business value, such as reducing supply chain assets, inventory and operational costs. The company tailors its solutions to the defense, commercial supply chain asset management and global supply chain visibility and security markets. Savi's solutions are designed to meet the supply chain needs of defense and government organizations, global shippers, manufacturers, retailers, and suppliers as well as service providers such as terminal operators and asset owners. Founded in 1989, Savi Technology is a wholly-owned subsidiary of Lockheed Martin, with headquarters in Sunnyvale, Calif., and offices in Washington D.C., London, Singapore, Johannesburg, and Melbourne. For more information, visit http://www.savi.com.

About Lockheed Martin

Headquartered in Bethesda, Md., Lockheed Martin employs about 135,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2005 sales of $37.2 billion. For additional information, visit http://www.lockheedmartin.com.

Source: prnewswire

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