INfinity 510 RFID Readers Selected by METRO

Sirit’s INfinity 510 RFID Readers Selected by METRO Group

Ninety-nine stores slated to be outfitted with Sirit’s global UHF RFID reader

Sirit Inc. (“Sirit”) (TSX: SI), a leading provider of radio frequency identification (“RFID”) solutions, announced today that METRO Group has selected Sirit’s INfinity 510 UHF RFID reader for its 2007 rollout program at 99 Real hypermarket locations throughout Germany.

As an extension of their initial RFID trial initiative, this 2007 rollout program will see one INfinity 510 reader installed in each of the ninety-nine locations to track incoming products using Gen 2 tag technology. “We are very pleased to be a part of METRO Group's continued investment in RFID adoption into their operations. Clearly the awarding of this contract is a significant validation of the superior performance of Sirit’s INfinity 510 reader,” stated Norbert Dawalibi, President and CEO, Sirit Inc. “The selection follows many months of competitive testing where Sirit’s INfinity 510 lived up to its ‘best in class’ reputation and we look forward to working closely with METRO on a successful implementation throughout the year.”

“The INfinity 510’s reliable performance and ease of installation, combined with Sirit’s outstanding technical and sales support all factored into the decision to award this contract,” commented Dr. Gerd Wolfram, Managing Director of MGI METRO Group Information Technology GmbH. “As we move into the deployment phase of RFID, it becomes increasingly important to select partners that deliver both product and services that allow METRO to meet our business objectives – as we have found with Sirit.”

Checkpoint Systems, Inc. (NYSE: CKP), a leading manufacturer and marketer of RF- and RFID based solutions for identification, tracking, security and merchandising applications, who participated in the initial trials, will serve as the hardware integrator for the project.

The METRO Group is the world's fourth-largest trading and retailing group. With its powerful brands, the METRO Group operates successfully in 28 different countries around the world - at almost 2,400 locations with more than 240,000 employees. The METRO Group's six sales divisions operate independently on the market with their own specific sales concepts: Metro/Makro Cash & Carry - the world's market leader in self-service wholesaling, Real hypermarkets, Extra supermarkets, Media Markt and Saturn - the leading consumer electronics centers in Europe, Praktiker home improvement and DIY centers, and the department stores of Galeria Kaufhof. More information at www.metrogroup.de and www.future-store.org.

Sirit Inc. (TSX: SI) is a leading provider of Radio Frequency Identification (RFID) technology worldwide. Harnessing the power of Sirit’s enabling-RFID technology, customers are able to more rapidly bring high quality RFID solutions to the market with reduced initial engineering costs. Sirit’s products are built on more than 13 years of RF domain expertise addressing multiple frequencies (LF/HF/UHF), multiple protocols and are compliant with global standards.
Sirit’s broad portfolio of products and capabilities are easily customized to address new and traditional RFID market applications including Supply Chain & Logistics, Cashless Payment (including Electronic Tolling), Access Control, Automatic Vehicle Identification, Near Field Communications, Inventory Control & Management, Asset Tracking and Product Authentication. For more information, visit www.sirit.com.

Founded in 1969, Checkpoint Systems, Inc. is a leading manufacturer and marketer of RF- and
RFID-based solutions for identification, tracking, security and merchandising applications. With a presence in more than 80 countries and a network of more than 30 service bureaus worldwide, the company is the global leader for scalable, sure-performing 8.2 MHz, UHF, HF, EPC and ISObased EAS and RFID labeling products, systems, maintenance and support services. For additional information, visit the Checkpoint Systems web site at www.checkpointsystems.com.

Meshed Systems GmbH
Dr. Michael E. WERNLE
Alte Landstrasse 21
D-85521 Ottobrunn b. München, Germany
Tel.: +49-(0)89-6666 5124
E-Mail: michael.e.wernle(at)meshedsystems.com
www.meshedsystems.com