Invengo Technologies Moves to New Building to Support Growth

Singapore, 12 September 2016 – Invengo, the Global RFID Technology Provider, today announced the relocation of its French entity Invengo Technologies to new office space to accommodate the rapid growth and future expansion plans for its Textile Services and Custom Applications business.

Invengo is pleased to announce the opening of its new office in the south of France. Located in La Ciotat, near Marseille, the new building will host the business units that were recently acquired from Tagsys, focusing on Textile Services and Custom applications. The new office space provides capacity for manufacturing, customer support, engineering, sales and services and leadership functions across the entity. The new experience center (showroom) enables Invengo to showcase its state-of-the-art solutions and products to potential and existing clients, and contributes to the general understanding of the added value of using RFID in Textile and custom application services.

''We were fortunate to find such a nice and well-served space. We really wanted to limit the impact that relocation could have on our clients and our employees. I don’t think we could have found a better location for our team. Our new location and enhanced operational efficiencies will help us continue to grow and develop to keep pace with our client's needs, allowing us to provide exceptional value and superior service along the way,'' said Richard Bailly, President of Invengo Technologies.

Invengo Technologies Textile Services business features industry-leading RFID tags and stations and an innovative, fully integrated and scalable linen inventory visibility and management IoT platform called ACUITY, specifically designed to provide digital analytics and services to laundry groups and their clients.

ABOUT INVENGO TECHNOLOGY

Invengo – the global RFID technology provider – is a leading developer and manufacturer of high-quality, intelligent RAIN RFID (UHF), HF and NFC inlays, tags and connectivity solutions utilized in the Internet of Things (IoT). With a focus on RFID innovation, Invengo has created a leading product line in retail, library, (industrial) laundry, pharmaceutical, healthcare, (public) transportation and many other industries. With over 20 years of experience in RFID, Invengo is fully dedicated to enabling efficiency in applications such as ticketing, identity management, supply chain management, authentication, asset management and brand equity.

Invengo Technology Pte. Ltd, located in Singapore (with subsidiaries in the US and Europe), is the international headquarters of Invengo Information Technology Co. Ltd, listed on the Shenzhen Stock Exchange (SZSE: 002161.SZ). Employing over 600 people worldwide, Invengo is one of the largest publicly traded, RFID-oriented companies in the world, with design and manufacturing plants located in both the United States and China and sales offices spanning all major geographies.