Enso SmartPack acquires RF-iT Solutions GmbH Graz, an Austrian RFID Software Company

Graz/London, (PresseBox) - Enso SmartPack GmbH [Vienna/Austria] announced the acquisition of RF-iT Solutions GmbH [Graz/Austria]. Enso's engagement is regarded as an excellent step to accelerate the development of the company.

RF-iT Solutions provides outstanding RFID solutions based on their comprehensive detego® SUITE software. With a staff of about 20, the company is focused on a scalable Auto-ID software product and a leading RFID operating environment, which serves as a platform for system integrators, software manufacturers and operators. With detego® there is a strong and international oriented product available that offers maximum flexibility.

"We believe that becoming a part of Enso Group will provide RF-iT Solutions with the resources and market access that will benefit our customers as well as our partners", says DI Alexander Gauby founder and CEO of RF-iT Solutions.

"RF-iT has a history of developing cutting edge technology solutions for IT customers. The detego® SUITE from RF-iT is a best in class solution offering which has been designed from the ground up to be modular and flexible to support customers solutions in multiple markets. We believe that RF-iT is a perfect strategic fit to our current smart packaging initiative at Enso SmartPack. We intend to fully support RF-iT in its current marketing efforts with plans to expand into multiple industries into the future", says Kevin R. Lewis, Director Enso SmartPack.

About Enso Group

Enso Holding Ltd focuses on Innovation & Commercialization in the area of Advanced Materials, Composites and Smart Packaging. Enso Holding uses its wholly owned subsidiary Enso Advisory Ltd to evaluate, develop and operate its portfolio as well as provide technical, market and management services to the portfolio companies. Enso Advisory Ltd identifies early stage disruptive innovative technologies and accelerates commercialization through product development, venture creation, venture investment and acquisition for evaluation by Enso Holding Ltd.

About Enso SmartPack GmbH

Enso SmartPack GmbH is a smart packaging systems provider to the broader Industry. A smart package consists of advanced hardware, electronics, and logistic software configured to meet a specific customer need. The company offers reusable packaging systems and solutions. Essential hardware used by Enso SmartPack is based on Advanced Materials and Composites developed internally within Enso Group.

Detego GmbH

RF-iT Solutions GmbH is a leading RFID solution provider. The offering consists of high value added, market proven solution modules of hard- and software under the brand name detego® SUITE. The concept has been approved by numerous industry leading customers for their installations in Europe and worldwide. RF-iT Solutions GmbH has a market leading position, particularly in the retail apparel market segment. In addition to the module catalogue the company offers technology consulting, sales support, software development activities and services to its business partners.

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