Houston-Based IPM, Inc. Awarded RFID Partnership With Texas Department of Information Resources

FOR IMMEDIATE RELEASE

HOUSTON (6/25/09) — Independent Professional Management, Inc., (IPM), is pleased to announce a contract with the Texas Department of Information Resources (DIR) to become a supplier to the GoDIRect program for RFID (Radio Frequency Identification) technology. Under the program, the state has negotiated a single contract for RFID services on behalf of any eligible organizations that receive state funding.

For example, any school district or a state agency employee who types “RFID” at the GoDIRect website will be directed to a special IPM website that provides details, pricing and contact information on RFID implementations. By utilizing this program, public organizations can avoid the costly and time consuming bid process while assuring its stakeholders of the best services at the best prices. IPM will work with its sister company, IPM Asset Solutions, Inc., to fulfill many of those services.

“We are excited to be a part of the GoDIRect program,” said Steve Young, COO of IPM. “Public institutions must become more efficient and save money in an economic climate where states are struggling to meet their constituents’ needs. IPM is ready to help those institutions meet their goals.”

RFID is a next generation technology utilized in asset tracking, file management, inventory tracking and child security, among other applications. RFID, developed in WWII but just now becoming commercially feasible, is a tagging system used to locate, track and manage any type of item — from tiny instruments to textbooks to computer equipment. The RFID system utilizes a small tag with a flat embedded antenna affixed to the items being tracked. When an RFID reader sends a signal, the RFID chip responds with the identification code embedded in the tag and provides tracking information about the item.

“Our proprietary ‘Roaming Moose™’ brand software connects front-end RFID data collection technology to our 24/7 web-based asset management system,” said Sheila McIlnay, CEO of IPM. “We are pleased to help the state improve service and save money by bringing this technology to the public sector through DIR.”

For more information, please contact Steve Young at (713) 973-7400 or steve.young@ipm-inc.com.