Instantel’s Xmark division develops smart tag technology for protecting people and assets in healthcare environments. Its Hugs product line is a radio frequency identification (RFID) system designed to prevent the abduction of newborn infants in hospital, while the WatchMate system is used in long-term care facilities to protect wander-prone residents.
This acquisition represents another important component of building VeriChip, said Kevin McLaughlin, CEO of VeriChip. Instantel brings to VeriChip a strong R&D and management team, combined with an extensive dealer channel focused on the healthcare market.
Instantel also provides RFID technology for emergency response and high-value asset tracking within the healthcare industry and vibration monitoring devices for the construction, mining and blasting industries.
