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Advanced ID Corp. (AIDO.OB) Forges Bonds with New Marketing Partner, EDP

EDP of France and Advanced ID’s UK-based Pneu-Logic have worked across the English Channel to complete an ambitious growth plan for the rest of the year and beyond. Their forecast now expects production sales to exceed $500,000 in 2008, more than double the original estimate of sales and distribution.

The French company is set for a massive expansion in the use of its Tyre Parc Fleet Management software, a version of which Michelin has endorsed. This, along with probes, RFID tags and patches, and a new OTR probe, is expected to show $750,000 in sales through 2009 for Advanced ID.

Laren Yeomans, Pneu-Logic managing director, says the capture and reporting of tire data electronically in close to real time, maximizes, management and costs. “We are very pleased with our sales performance, particularly in new markets such as China, Israel and Turkey,” said EDP Managing Director Jean Luc Guisti. “Our Tyre Parc software with the Pneu-Logic system has been widely accepted as the industry leading solution for companies who understand the importance of good tire management to reduce fleet operating costs.”

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