Probe Continues Its Unprecedented Growth with Addition of State-of-the-Art RFID Company

by Press Release on 2012-01-13 03:53:53

IRVINE, Calif., Jan 12, 2012 (Global Logistics Media) -- Probe Manufacturing, Inc., (otc qb:PMFI), A Global Electronics Design and Manufacturing Services Company, announced today that it has been selected to provide end-to-end manufacturing services to a company set to revolutionize RFID technology.

It's an honor to be chosen by a company with breakthrough wireless technology enabling organizations to use inexpensive UHF passive RFID tags for real-time location tracking that produces enormous economic advantages to supply chain management and asset tracking applications across a broad range of industries.

PMI will be providing end-to-end manufacturing solutions including system integration; test and box build to this new customer. The initial order was for $80K and shipped in the fourth quarter of 2011. PMI recently received an additional $100,000 order which will ship in the first quarter of 2012.

Latest RFID forecasts from ABI Research indicate that the value of the overall market will surpass $6 billion in 2012, including both traditional applications such as access control, automobile immobilization, electronic toll collection and e-ID/ID documents, as well as, "modernizing" applications such as animal IDs, asset management, baggage handling, cargo tracking/security, contactless payment and ticketing, RTLS, and supply chain management.

"This new partnership will assist PMI in expanding its expertise in the RFID industry," said Kam Mahdi, CEO of PMI. "We look forward to working with this new innovative and industry-leading technology customer and providing them with our global design and manufacturing solutions."

"As we commence the 1st Qtr of 2012, we have an existing backlog of 1.1 million toward our 1st Qtr revenue which illustrates the increasing demand for PMI's services," said John Bennett, CFO of PMI.

About Probe Manufacturing, Inc.
Probe Manufacturing is a global electronics design & manufacturing services company providing innovators with business services through our factory in California as well as factories Worldwide. Headquartered in Irvine, California, Probe has been serving industrial, instrumentation, medical, aerospace, defense, renewable energy and automotive industries since 1994. Probe's common stock is traded on the OTC Market QB under the symbol PMFI. Further information is available on Probe's website: www.probeglobal.com .