Company News
Seeonic featured company at Angel Networking Event
January 19, 2010/Chicago - Harley Feldman, President and CTO, presented
Seeonic to angel investors at the bi-monthly Illinois Institute of Technology
Angel Networking Event. Each event features a speaker and one company to
be highlighted to potential investors. The event was recorded on video and
available
here.
"The Internet of Things" Article
September 5, 2009 -
Internetevolution.com published an article describing the tracking and
analyzing of things using modern technologies such as embedded chips, wireless
communications, GPS, cell phones, etc. Seeonic's first customer Tomorrow's
Mother (absorbed into the holding company TM Apparel) is discussed as to the
technology implemented and the value created for the company.
UARK Describes Bloomingdales' Study Results
August 24, 2009 - The University of Arkansas
Information Technology Research Institute announced the results of an
item-level tagging study done on jeans in a Bloomindale's store versus a control
store. The results show the influence of RFID hand-held readers on
item-level tags in achieving higher inventory accuracy to reduce out-of-stocks.
The results from the study further validate the benefits of Seeonic's offerings.
Baird RFID Monthly Describes UARK Study
May 19, 2009 - The Baird RFID
Monthly discusses the potential value created by improving inventory
accuracy and reducing out-of-stocks in a study done at Dillard's by the
University of Arkansas Information Technology
Research Institute. The results from the study further validate the
benefits of Seeonic's offerings..
Baird RFID Monthly Announces MAXRPM Promotional Display
May 2009 - The Baird RFID Monthly
announces
(page 4)
Rock-Tenn/Alliance's RPM promotional display using UPM Raflatac media tags
integrated with Seeonic's SightWare™ data collection
module and SmartWatch™ analytics server. This
unique wireless offering is designed to minimize out-of-stocks and over-stocks
in a retail store by correctly predicting consumer demand by SKU. Baird
RFID Monthly can be found here.
Seeonic Reviewed as One of Favorite Retail Products at RFID Journal LIVE!
2009
May 8, 2009 - Leslie Hand, Publisher, Global Retail Insights, published an
article with her perspectives from the RFID Journal LIVE! 2009 conference held
on Orlando on April 28 and 29 titled "Refreshingly Pragmatic and Busy". In
the article, she discusses Seeonic's service offering as "one of my favorite
retail products". Leslie describes Seeonic's offering as a shelf-level
application delivered as a service and is "expected to be popular among
service providers already tasked with counting and maintaining shelf level
inventories." She also believes that "this is a really good way for a
vendor to track promotions or perform or outsource vendor managed inventory
(VMI) related tasks."
UPM Raflatac, SeeonicTM and
Alliance deploy first-of-its-kind RFID-enabled item-level inventory management
system for retail promotions
April 22,2009 / Fletcher, NC - UPM Raflatac, Seeonic and Alliance, a RockTenn
company, announce the deployment of a new generation of Alliance’s MAXRPM™, an
inventory management system for retail promotional items that uses RFID
technology to provide retailers and manufacturers with real-time business
insights of retail promotion performance at the item level.
The solution, an industry first, pairs a free-standing, RFID-enabled
MAXRPM™ retail display, developed, built and sold by Alliance, with Seeonic’s
SmartWatch™ service and UPM Raflatac UHF Gen2 DVD
Spine tags, to create actionable intelligence that business users can use to
optimize the manufacturing, distribution, management and marketing of high
margin promotional inventory such as entertainment DVDs. The MAXRPM™ system will
make its debut at the UPM Raflatac booth (#1804) at RFID Journal Live 2009,
April 27-29, in Orlando, Florida. The entire press release can be
read here.
Seeonic Featured in RFID Radio Podcast
April 16, 2009 - Seeonic™ is featured in a RFID Radio podcast titled "RFID
Drag-and-Drop". It can be heard at
http://www.rfidradio.com/?p=28.
Seeonic to Exhibit at RFID Journal Live 2009
March 30, 2009 / Minneapolis, Minn. - Seeonic™ announces that it will exhibit
examples of its technology working in two booths in the Exhibit Hall at the RFID
Journal Live 2009 conference. In Seeonic's booth #328, the company will
demonstrate its apparel solution using maternity apparel from Tomorrow's Mother.
Visitors to the booth will also be given a RFID-enabled sample loyalty card made
by Meyers Printing. In addition, Seeonic will have a working model of its
revolutionary online promotional display containing DVDs which was jointly
developed with Rock-Tenn/Alliance in the UPM Raflatac booth #1804. The
DVDs will feature RFID tags manufactured by UPM Raflatac. Visitors to the
booth will have the opportunity to have their previously acquired loyalty cards
scanned for possibly winning one of several Disney DVD movies and one grand
prize of a Blu-Ray DVD player.
Tomorrow's Mother Selected as Finalist for RFID Journal Award
March 16, 2009 -
RFID
Journal announces Tomorrow's Mother as a finalist in their 2009 RFID Award
category "Most Innovative Use of RFID". Winners will be announced at RFID
Journal Live 2009 in Orlando April 27-29. Tomorrow's Mother uses Seeonic
technology to collect accurate inventory data and better manage its
replenishment process.
Seeonic Announces Automated Online Inventory Pilot
January 5, 2009 / Minneapolis, Minn. - Seeonic™, Inc. announced today that
nine Tomorrow’s Mother maternity clothing fixtures in Belk stores from North
Carolina to Alabama are sending automated inventory counts for all of the
maternity pants hanging on the fixture.
The inventory is collected four times per day and is stored in Seeonic’s
SmartWatch™ data service.
Tomorrow’s Mother can view the inventory over time by apparel type, size, style
and color.
SmartWatch alerts can be set to warn Tomorrow’s Mother about
potential stock-out conditions long before a merchandiser would notice the
problem on their monthly visit to each store.
This online data will shorten the stock replenishment cycle by 50%.
Work is beginning using analytic models to predict future stock-out
conditions and make automated replenishment recommendations to the Tomorrow’s
Mother staff. The Seeonic
SightWare™ module provides the automated data collection at each
fixture and was installed at Seeonic’s headquarters prior to the fixture being
delivered to the stores. No
personnel were required to install or support the modules in the store.
Seeonic CEO to Speak at MIT Enterprise Forum
October 4, 2008 / Minneapolis, Minn. - Seeonic™ Inc. is pleased to announce
that its CEO, Pete Grimlund, will be presenting at the MIT Enterprise Forum
event "RFID in Fashion" scheduled for November 17 in Cambridge, Mass. The
event is to highlight and discuss the benefits of RFID in improving supply
chains, enhancing the customer experience and reducing shrinkage. Mr.
Grimlund will present his ideas about reducing stock-outs through the use of
smart display technology and analytics.
Seeonic Announces Trunk Stock Management Project with a Large Medical Device
Manufacturer
October 1, 2008 / Minneapolis, Minn. - Seeonic™ Inc., a leader in Actionable
Intelligence announced today they have
received a contract to begin the evaluation engineering of a field inventory
management system based on Seeonic’s SightWare™ and
SmartWatch™ perpetual inventory management system
utilizing their lost cost state of the art integrated reader, antenna design and
business intelligence system. The SmartWatch
business-intelligence-data service works with its complementary
SightWare electronic module to track inventory in real time to
reduce field inventory stock-outs and overstock conditions ensuring that the
medical device representatives have exactly the right product available for the
consult.
Seeonic™ Announces Largest Deployment of its SmartWatch™ Technology Solution
Featuring Item-Level Inventory Management Within Retail-Display Fixtures
September 5, 2008 / Minneapolis, Minn. -
Twenty fixtures announced for
deployment in Retail Stores across the USA.
Seeonic™ Inc., a leader in
Actionable Intelligence, announced today the follow-on deployment of its
SmartWatch™ technology solution within a Tomorrow’s Mother RFID-enabled smart
display across three retail department store chains.
Seeonic Deploys Its SmartWatch™ Technology
Solution Featuring Item-Level Inventory Management Within Retail-Display
Fixtures Owned and Operated by Tomorrow's Mother, a Maternity Apparel Company.
May 1, 2008 / Minneapolis, Minn. - Seeonic™ Inc., a leader in Actionable Intelligence,
deployed its first SmartWatch™ technology solution
within a Tomorrow’s Mother RFID-enabled retail display in a retail store. The
SmartWatch business-intelligence-data service works
with its complementary SightWare™ electronic module to
track inventory in real time to reduce stock-out and overstock situations.
Seeonic Re-brands its Product Line
Seeonic has re-branded its products to better communicate the company's
vision of providing product demand visibility to its manufacturing,
merchandising and retailing customers. Seeonic's smart shelf module and
associated software and firmware is now called SightWare™.
The company's web service for collecting store-based product inventory data,
creating replenishment alerts, predictive replenishment analytics, and event
intelligence is now called SmartWatch™.
Seeonic Installs Technology at University of Arkansas
On January 29, 2008, Seeonic installed its SightWare™
smart shelf module at the University of Arkansas's RFID Center. The module
is connected to the Company's SmartWatch™ data
management and analytic data service. The Company became a lab sponsor and
its technology will be studied and be on display for the many visitors from all
over the world who visit the Center.
RFID Journal, November 8, 2007
Maternity Apparel Maker to Deploy
Smart Displays in Stores