News | February 7, 2008

RFID-Tagged Pallets: iGPS Releases New "Pallet Rental Checklist" To Help Inform Pallet Renters

Intelligent Global Pooling Systems (iGPS Company LLC), operator of the world's first RFID-tagged, all-plastic pallet pool, has developed a new dynamic checklist that compares various attributes of typical multi-use pallets available today, including iGPS's all-plastic pallet and the conventional multi-use wood pallet. The checklist is available on iGPS' website, www.igps.net.

"The more informed companies are about various types of multi-use pallets available today, the more confident they will be in making the right choice," said Bob Moore, CEO of iGPS. "This checklist reviews all the key attributes that shippers and receivers should consider. We have found that when all the facts are considered, the case for our all-plastic pallet with embedded RFID tags is pretty compelling."

Among the categories covered on the checklist are top deck coverage, durability, flame-retardance, worker safety, RFID tracking and environmental responsibility. To access information about pallet attributes, users simply need to roll their computer mouse over a given box, and detailed information will pop up on their screen.

"This is the first of many initiatives we will pursue to help educate the pallet rental marketplace. Information is in everyone's best interest," Moore said.

ABOUT iGPS
iGPS is the world's first company to provide manufacturers and retailers with an all-plastic pallet pool with embedded RFID-tags. iGPS's state-of-the-art pallets are 30% lighter than wood, which saves on transport costs, are easier to handle and eliminate protruding nails and splinters that cause workplace injuries and damaged equipment. In addition, embedded RFID tags enable shippers and receivers to track and trace shipments in real time. The company is led by pallet and supply chain veterans with decades of experience. iGPS is headquartered in Orlando, FL., with offices in Dallas, New York and Bentonville, Arkansas. Pegasus Capital Advisors, a private equity fund manager with offices in New York and Cos Cob, CT, retains a majority interest in iGPS. Founded in 1995, Pegasus provides capital to middle market companies across a wide range of industries, with particular focus on businesses that make a meaningful contribution to society by positively affecting the environment, contributing to sustainability and enabling healthy living. www.pcalp.com

SOURCE: iGPS