OAT Announces OAT Foundation Suite 4.5 for Multi-Company, RFID Pharmaceuticals Tracking

Most proven RFID data sharing platform now supports unique requirements in the pharmaceutical industry

WALTHAM, Mass. – August 9, 2005 – OATSystems®, Inc., the recognized RFID framework leader, today announced that OAT Foundation Suite 4.5 now supports multi-company, RFID pharmaceuticals tracking for manufacturers and distributors to track and trace drugs as they move across the supply chain.

The growing problem of counterfeit drugs is driving many leading manufacturers and distributors to use RFID to track products across the supply chain and establish a chain-of-custody from the manufacturer to the consumer. OAT Foundation Suite is the software of choice for major retailers to capture RFID data and share real-time product movement back to suppliers. This same capability is now being used by leading pharmaceutical companies both at the manufacturer and distributor level. OAT Foundation Suite 4.5 provides a scalable platform for integrating RFID data from internal facilities and trading partners to create an enterprise-level view of inventory and goods movement across the supply chain.

“We are excited to see pharmaceutical companies adopt OAT Foundation Suite 4.5 as have large retail and consumer product companies. OAT Foundation Suite 4.5 meets the needs of the growing number of pharmaceutical manufacturers and distributors looking to RFID to secure the pharmaceutical supply chain,” stated Marc Osofsky, Vice President of Marketing and Product Management.

OAT Foundation Suite 4.5 enables manufacturers and wholesalers to deploy a small pilot while putting in place a platform capable of meeting the requirements of a large-scale roll-out. The platform was developed with the input from several of the world’s leading pharmaceutical companies and includes the following key features:

  • Item-level tracking for track-and-trace reporting by individual unit
  • Enterprise data management platform with a consistency engine for integrating trading partner data and developing a clean, enterprise-level view of goods movement
  • Enterprise-level analytics and reporting, including track-and-trace, product velocity, inventory

About OAT

OATSystems, Inc. is the recognized RFID framework leader with software that empowers businesses to achieve competitive advantage from radio-frequency identification (RFID). As pioneers in the development of RFID technology, OAT has been setting the standard in RFID for over half a decade and is responsible for industry firsts that include the largest scale and largest scope of deployments, as well as the most innovative approaches to providing enterprise-wide RFID solutions. OAT’s multinational client base, which includes companies such as Hewlett-Packard and Gillette, consists of over 50 customers in retail, CPG, consumer electronics, manufacturing, life sciences, aerospace and defense. Headquartered in Waltham, MA, OAT has offices in Chicago, London, San Francisco and Bangalore and is on the Web at www.oatsystems.com.