IPICO technology to be used by Chinese military for fitness training

Client

IPICO Inc.

Date

March 16, 2010
On March 16, 2010, IPICO Inc. (TSX-V: RFD) announced that its regional channel partner, Beedancing (China) Electronic Co., Ltd., will provide IPICO's Dual Frequency timekeeping solutions for use in Chinese military fitness training programs. IPICO expects to provide approximately 150 of its LITE systems along with 10 ELITE systems and 50,000 DF tags in the first year of the multi-year program.

IPICO is an RFID solution supplier with operations in Canada, USA, South Africa, Europe, Asia and Australia.

IPICO was advised by Allan Beach of Fasken Martineau.