Advanced ID Announces Several New Innovations
The UK based subsidiary of Advanced ID Corporation, Pneu-Logic Ltd., has ventured further into the tyre industry through its signing of an initial contract to supply data capture tools to French firm Electronic Data Process (EDP). The initial 2008 contract, valued at US$150,000, will see the data capture tools integrated with EDP’s tyre management software in order to provide what Advanced ID is calling a “complete tyre management solution.”
EDP managing director, Mr. Jean-Luc Giusti, commented: “We continue to experience strong growth in European sales of our Fleet Check software solutions and Pneu-Logic tools. Based on this progress, we plan for EDP to expand its presence into the United States in 2008 in an effort to market our combined tyre products offering to the many large global tyre manufacturers and service providers located in the country.” Quoting statistics released by Tire Review magazine, Advanced ID reports that the US market for all medium and light trucks in 2006 was in excess of 77 million units. The total US and European market approaches $10 billion annually.