Paragon ID – Paragon ID strengthens its real-time geolocation technologies with the acquisition of the assets of the French company Uwinloc – 04/01/2023 – 18:00

  • 23 patents including “technological bricks” for collecting radio frequency energy that allow tags (labels) to operate without batteries

  • The solution called MahVis is dedicated to the accurate geolocation of the material carried by the forklift

  • Deployments of the real-time geolocation solution are already effective in thirty major industrial accounts

Paragon ID (Euronext Paris – FR0013318813 – PID)European leader in identity solutions focused on e-ID, Transport and Smart Cities, Traceability & Brand Protection and Payment markets, has announced the acquisition of the business and assets of Uwinloc, a French supplier of traceability solutions that with battery-free tags based on radio energy collection.

Based in Toulouse (France), Uwinloc was founded in 2015 with the ambition to provide IoT technology (Internet of Things – Internet of Things) capable of digitizing and facilitating the management of equipment and inventory in warehouses and indoor/outdoor storage areas.

Incubated within Airbus Bizlab, Uwinloc has filed 23 patents since its creation. The company, which has won numerous innovation awards, is a pioneer in radio energy collection and storage technology that enables tags (tags) to work without batteries and with a reduced infrastructure, a real revolution in the field of traceability. Concretely, it translates to tags based on Ultra-Wideband (UWB), cheaper in terms of deployment and offering the possibility of monitoring a larger number of equipment (materials, tools, manufactured parts, bins, etc.) while limiting costs of ‘inventory.

With more than 30 customers and a presence in five countries (including a subsidiary in the United States), Uwinloc has developed, in collaboration with major industrial groups, a real-time geolocation solution, called which is MahVis, which is in boxes fixed on forklifts eliminating the need for a fixed infrastructure.

Goal: reduce the costs of deploying and using real-time traceability technologies

Paragon ID launched its RTLS business (Real Time Locating System – real-time location systems) in 2018 with the acquisition of the company RFID Discovery in the United Kingdom for the provision of real-time tracking of equipment in industrial and medical environments, particularly within more than 100 hospitals as well as many industrial and logistics companies, both in the UK and in France.

The acquisition of the French start-up Apitrak in May 2021 accelerated the development of RTLS solutions in the cloud, facilitating the international development of a multi-technology platform in SaaS mode (Software as a service), for industrial companies as well as the medical sector.

In July 2022, the acquisition of Tracktio allowed Paragon ID to extend its solutions to other technologies such as GPS, LoRa, UWB, Quuppa and optical identification, and to strengthen its offer thanks to the software platform (SaaS ) TrackSphereTMin the industrial, mining and logistics sectors.

With this new acquisition, Paragon ID continues to expand its industrial offer with an RTLS system without batteries: a more ecological and cheaper alternative without sacrificing its level of accuracy.

The MahVis system thus perfectly complements the existing offer for the industrial sector. The goal is to integrate the MahVis solution with the TrackSphere softwareTM : a complete geolocation platform capable of combining all the technologies currently available on the market and providing the most suitable solutions for a wide spectrum of industrial applications.

Clem Garvey, Managing Director of Paragon ID, said:

“The acquisition of Uwinloc’s assets is an opportunity to expand our real-time location equipment offering using revolutionary patented technology. The teams at RFID Discovery look forward to delivering real-time location solutions that based on a tag that is completely battery-free, thus removing a cost barrier that can hinder the implementation and extension of flow digitization systems, and while making these solutions more sustainable.


About Paragon ID
Paragon ID is a champion of identity solutions focused on the e-ID, Transport and Smart Cities, Traceability and Brand Protection, and Payments markets. Paragon ID employs nearly 650 people and has production sites located in the United States and Europe, close to its customers.
Listed on Euronext Paris (Euronext Paris – Name: Paragon ID – ISIN code: FR0013318813 – Mnemonic code: PID), the reference shareholder of Paragon ID is Paragon Group, a leading supplier in the field of commercial communications, identity solutions and graphics service. The Paragon Group achieves a turnover of €1.5 billion and employs more than 9,000 people. Paragon Group combines its many years of experience with the latest technological innovations and smart data to enable fast and relevant interactions between organizations and their customers. More information: Paragon-europe.com.
More information at Paragon-id.com.

contacts

Paragon ID
Clem Garvey
chief manager
like that. : +33 (0)2 48 81 61 00
clem.garvey@paragon-id.com
NEWS finance and communication
Investor relations

Mathieu Omnes
like that. : +33 (0)1 53 67 36 92
momnes@actus.fr
NEWS finance and communication
Correspondence with the press

Nawel Naaman
like that. : +33 (0)1 53 67 36 34
nnaamane@actus.fr

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