MEDIA RELEASE PR36960
Savi and Partners Launch RFID Solution for Oil and Gas Industry; Wireless System
Automatically Tracks and Manages Supplies
MOUNTAIN VIEW, Calif., Nov. 5 /PRNewswire-AsiaNet/ --
Savi, a Lockheed Martin (NYSE: LMT) company, has formed an oil and gas
strategic alliance with Shipcom Wireless and KBR Wireless, who are offering a
complete software solution that links with Radio Frequency Identification
(RFID) technology to instantly track and manage supplies transported between
onshore and offshore oil and gas facilities worldwide.
By automating visibility, asset and shipment management in upstream
operations, this newly tailored solution can cut costs and improve
performance, efficiency, security and regulatory compliance.
[A full version of this press release can be found at,
The Savi SmartChain(R) Enterprise Platform and Asset Management
application underpin the alliance's combined solution, which leverages
real-time data from Savi's active RFID tags and KBR's passive RFID tags,
which can be affixed to all kinds of oil and gas assets.
"Already making a difference in other industries, the Savi SmartChain(R)
suite now can go to work with our partners to improve operational performance
in the global oil and gas sector," said David Stephens, chief executive
officer of Savi Technology.
"Our partnership with Savi and KBR Wireless unifies the most effective
software and hardware technology platforms within the energy sector to
address critical business needs of the industry," adds Abeezar Tyebji, chief
executive officer of Shipcom Wireless.
"At a time when it's essential for the oil and gas industry to discover
more operational efficiency, our partnership with Savi and Shipcom provides
unprecedented visibility and control over inventory and assets across the oil
and gas industry's entire value chain," adds Konrad Konarski, vice president
of KBR Wireless and co-founder of the Oil & Gas RFID Solution Group, an
educational group focused on broad supply chain issues.
As a wholly owned subsidiary of Lockheed Martin [NYSE: LMT], Savi is a
leading provider of supply chain information and technology solutions and
Shipcom is a leading provider of integrated supply chain execution
software solutions focused on the RFID and enterprise mobility markets.
KBR Wireless LLC is a leading provider of automatic identification and
wireless solutions for the energy sector.
SOURCE Savi Technology - Lockheed Martin
CONTACT: Mark Nelson, +1-650-316-4872, mnelson@savi.com, or Patrick
O'Boyle, +1-650-316-4988, poboyle@savi.com, both of Savi,
info@shipcomwireless.com; or Melissa Silberberg of KBR, +1-832-644-9609,
msilberberg@kbrwireless.com
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