X-Change Corporation (OTC BB: XCHC) acquired
AirGATE Technologies as a wholly owned
subsidiary in 2005. Based in Texas,
AirGATE specializes in RFID; ultra
wideband (UWB); Zigbee (802.15.4); and surface
acoustic wave (SAW) RFID applications and μ-Chip
authentication systems. AirGATE's
has developed several specialized wireless
& RFID applications for their customers,
who are largely Fortune 500 companies.
These unique applications, protected by
patents, allow AirGATE to build up a recurring
revenue model. On the other hand,
AirGATE's customers also benefits from the
unique applications in many different ways.
Some of the applications allow the customers
to explore new market and perhaps dominate in
the new market. Some of the applications
allow the customers to save operational
expense, which cannot be recovered otherwise.
Mike Sheriff, President and CEO of
AirGATE Technologies, was the featured speaker for “Picking the Right Solution for
Product Authentication” at the conference.
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