NEW YORK – TracTech Systems (www.tractechsystems.com), the leading producer of Radio Frequency Identification (RFID) diamond and jewelry inventory management technology, has completed a new RFID tag that will improve upon its existing business hardware. The new tag integrates with all TracTech Systems models and offers new advantages for wholesalers and small businesses alike.

“The new RFID diamond tag has been engineered to conform to the majority of diamond papers and provide even quicker read speeds,” explained TracTech Systems Sr. Vice President Meir Strobel. “These enhanced tags bring the latest in RFID technology to TracTech Systems users.”

The introduction of the improved smaller RFID tags is a result of TracTech Systems’ commitment to diamond and jewelry industry professionals. The company engages in dialogue with clients and industry leaders to enhance the features offered by the TracTech Systems inventory management technology.

“One of the most popular features of TracTech is that it allows users to scan parcel papers through sealed boxes,” said Strobel. “These new RFID tags offer quicker read speeds through most materials, improving the efficiency of tracking as well as loss prevention tasks.”

In addition to the increased speed, the new RFID tags are designed to align seamlessly with the majority of diamond papers used in the jewelry industry. This enhancement makes adopting TracTech Systems simply and easy.

ABOUT TRACTECH SYSTEMS

TracTech Systems is the leader in RFID inventory management thanks to its revolutionary system of RFID tags and readers. TracTech Systems eliminates human error and identifies large batches of inventory instantly, so there is no need to count inventory by hand. TracTech Systems can accurately scan hundreds of diamond and jewelry pieces in seconds and can report detailed history of individual items. TracTech Systems is compatible with a number of software packages, including LogicMate, Diaspark and Microsoft Dynamics NAV. This technology has been featured in publications such as the MJSA Journal and Instore Magazine.

“TracTech Systems Inventory Management System is designed to enable jewelry manufacturers and diamond dealers to inventory hundreds of items in seconds, TracTech uses jewelry tags that contain computer chips. Bins or trays filled with merchandise are run through a reader and instantly inventoried. Multiples of the same item are given their unique number so detailed tracking is possible.”

What’s revolutionary about RFID is that it allows for multiple items to be scanned and identified virtually simultaneously, eliminating the need to scan each item individually. The information carried by a chip and its associated ID can also contain comprehensive information about the related item, from when and where it was bought, to its price and weight.

RFID technology has been around for more than 10 years but has been previously limited to use on a larger scale for identifying containers and pallets of goods. TracTech™ is one company that is applying the technology to the jewelry and diamond industries. The company’s RFID inventory-management system enables a group of items to be placed in a specially designed bin, which is then put inside a reader.

“When I show it to people, their reaction is ‘wow.’ It’s amazing how swift and in control of your inventory you become. Retailers can check their inventory on a daily basis an identify a loss in a one-day period, says Keven Peck, president of TracTech™

Although the current product is most applicable for manufacturers, TracTech™ is now working on a hand-held scanner tailored for retailers and due for release in the third quarter of 2009.

Designed to bring speed, accuracy, and control to inventory management, TracTech is a jewelry management system that combines Radio Frequency Identification (RFID) technology and strategically placed tag readers to wirelessly scan hundreds of items in seconds. TracTech™ assigns each item its own unique ID so the system can report detailed history of missing item, reducing time spent on recovering missing inventory. In addition, the system can verify the contents of boxes after they have been sealed for shipping. Compatible with most existing software systems and hardware, TracTech™ can be fully integrated into an existing system and set up to provide detailed and customized reports.