Inova Technology CEO Adam Radly Interviewed on Company's Products, Business Strategies, Accomplishments
SANTA MONICA, Calif., March 1 -- Inova Technology, Inc. (INVA), (http://www.inovatechnology.com/), announced today that a CEOLive Video Interview with CEO Adam Radly, explaining its business strategies, products and services, is available for shareholders and potential investors.
"We believe that there has been a fundamental and permanent shift in how a company communicates with the public. We have realigned our communications infrastructure with the needs of our shareholders in mind by using media channels and formats that best will provide to the investor the information needed on our Company's successes and future plans," Mr. Radly said.
Below is a partial transcript of Mr. Radly's interview:
CEOLive: "The RFID space is experiencing tremendous growth right now and it seems to be a primary focus at Inova. Could you tell us a little bit more about Inova's overall strategy in this space?"
Adam Radly: "We have two subsidiaries, one called RightTag, and another one called Trakkers. Both of them focus on developing state-of-the-art RFID scanners. With RightTag, for example, we were one of the first in the world to develop a BlueTooth RFID scanner 3 or 4 years ago. But our main product really is the Trakkers scanner. We call it the MI, that's pronounced "me", and this scanner is capable of reading 1D and 2D bar code as well as RFID and also mag-striped cards."
"It's an all-in-one device about the size of an iPhone. If people want to see an image or get more information, they can get it from our website. This device, in addition to reading 1D and 2D bar code, RFID and mag-stripe, also has a GPRS capability which means that any of the data that it reads can be sent over the cell phone network to any location."
"So it's not just wireless over a BlueTooth distance or a WiFi distance, it is wireless over any distance. It is the only product of its kind in the world as far as we're aware and we're very optimistic about the likely uptake of the product, especially given that it is a unique product that cannot be provided by any of our competitors at this point in time."
The interviews are not intended to provide the first announcement of material information or developments about Inova. Instead, they will discuss matters previously announced through other channels or that are not themselves considered material information under securities laws, even though the matters may be important to shareholders.
About Inova Technology
Inova Technology, Inc. (INVA) is an enterprise level information technology solutions provider specializing in providing RFID solutions, wireless networking, storage and security technology solutions and IT professional services. Its objective is to implement and optimize solutions for clients with best of breed technology and the best possible service. INVA has two complimentary business units, RightTag Inc., providing RFID solutions to manage and track objects, the other, Desert Communications., Inc., providing network solutions for hundreds of entities since its inception in 1994.
Safe Harbor Statement: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Contact: Adam Radly, CEO
Source: Inova Technology, Inc.
CONTACT: Adam Radly, CEO of Inova Technology, Inc., +1-949-707-5365,