MEXICO CITY, November 18, 2009 - Neology announced today that it will work with Cisco to develop and deliver solutions in support of Cisco's Smart+Connected Communities vision. Both companies will work on a joint go to market strategy.
Neology has a unique focus on providing technology solutions to governments and has been awarded several high-profile contracts, including Repuve (Registro Publico Vehicular), a government initiative to track vehicles and improve traffic flow and safety in Mexico.
The Mexican government is investing in the vehicle-tracking initiatives. Similar initiatives are being considered in other countries across Latin America and Asia.
For its part, Cisco will use its relationship with Neology to better understand and address the demand for these solutions in global markets.
Cisco's "Smart+Connected Communities" initiative envisages that successful communities of the future will run on information, leading to better urban management, a higher quality of life for citizens and sustained economic development.
Supporting quotes:
- Alejandro Burillo Azcárraga, chairman of the board of Grupo Pegaso, Neology´s main shareholder
- Carlos Dominguez, senior vice president, office of the chairman and CEO, Cisco
"We are excited to work with Cisco to use Neology technologies to help build Smart+Connected Communities. Together we can develop and market solutions that will help us build safer and cleaner cities."
"Working with Neology presents Cisco with a unique opportunity to learn from one of the most successful Mexican IT companies. Coupling Neology's market and technology expertise with Cisco's own technology expertise presents an opportunity to develop IT solutions that can really help make a difference for many governments and their citizens."
About Neology
Pioneer in the UHF technology and holder of some of the most important RFID Intellectual Property in the industry, Neology is the leading provider of RFID integrated solutions for the Public Safety, Health Care and Supply Chain Management, etc. Neology was recently awarded a RFID contract by the Mexican Government to implement a unique RFID platform as a "revenue generating model" with dramatic improvements in National Security. From its technology-based beginnings, Neology has matured to become the leading integrator for RFID solutions.
www.neology-rfid.com.
