Eitan Machover Joins LogiTag Systems’ Board of Directors

Given his extensive experience at GE Healthcare and other leading organizations, Machover is expected to significantly expand the company’s business development activities, specifically in the global healthcare market,

LIGHTNING RELEASES — September 3rd, 2014 – LogiTag Systems, a leading provider of cloud based technology for cross-organization inventory systems, names Eitan Machover to lead its business development as the company’s executive board member. Machover is not succeeding anyone in the position, and his appointment follows LogiTag’s turnover growth, expansion to new markets, and recent new products launch.

“We are pleased to have Eitan join us,” Said Shlomo Matityaho, LogiTag’s CEO. “He possesses an extensive corporate experience along with entrepreneurial capabilities which will be instrumental in helping us realize a stronger market portion”.

According to a research report by IDtechex (July 2014), the RFID (Radio Frequency Identification) market is set to reach $30.24 billion in 2024. Furthermore, a Markets and Markets July 2014 study estimates the RTLS Healthcare Market at $2 billion by 2020.
“LogiTag is well positioned to take a significant market share in this market,” added Machover. “LogiTag’s wide product offering is perfect and provides vendors and healthcare providers an inventory management solution that makes the labor intensive order-to-remittance process much more efficient and productive.”

LogiTag has a unique set of end-to-end solutions which are all under the same cloud based software management system- starting with automated management of medical devices and supplies, to providing infant protection and patient flow, as well as temperature monitoring and asset tracking solutions.
The company’s solutions easily integrate with any existing electronic record and wireless infrastructures. Users benefit from an integrated hardware and software solutions to effectively automate and optimize management of portable medical equipment, personnel, and patients.

Join LogiTag’s Free Webinars for an educational overview: “Medical Device Management; Consignment vs. Pre-Purchased Inventory’. Recordings are also available at info@logi-tag.com

About LogiTag
LogiTag develops, manufactures, and markets intelligent, best-in-class RFID solutions and systems for tracking, monitoring, and managing inventory, assets, and people. LogiTag identified a growing need for advanced RFID technology with applications in healthcare, security, and enterprise. LogiTag’s founders drew on their extensive knowledge and deep understanding of RFID, software, operations, and logistics to develop modular, Real-Time Location Systems (RTLS) and comprehensive hardware/software suites that integrate smoothly into lean manufacturing and operations.

Press Contact LogiTag:
Karen Shemesh, Online Marketing Director
Tel: 1-800-697-5956
karens@logi-tag.com ; info@logi-tag.com
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