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KeyTone and Collection Management System (CMS) unveil strategic partnership to deliver Secure Tracking and Inventory Solutions for Fine Art and Collectibles
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Cupertino, CA, March 30, 2011: KeyTone Technologies, a recognized leader in RFID solutions, announced today its strategic partnership with Collection Management System (CMS) to deliver fine art tracking and inventory solutions to museums, auction houses, art galleries, art collectors, and fine art shippers. The partnership has resulted in the release of an art tracking and inventory hardware and software solution targeted to customers who handle or store art and collectibles worldwide.
PRECYSE's long range frequency agnostic tags which can be read up to a mile, its sensor capabilities, and reliability to perform under harsh conditions coupled with an enterprise scale KeyTone platform opens up a new range of application scenarios that were not available before. Customers can now extend their tracking capabilities beyond the four walls of the enterprise to also track assets and their conditions such as temperature, humidity, vibration, movement, fluid level, tamper and more as they move in transit between locations.
The ability of RFID to simultaneously read hundreds of tags in a few seconds provides a unique advantage for tracking high value collectibles for museum and art gallery exhibits, auction house logistics, and for fine art shippers. It allows staff to track movement and take inventory of artifacts without physically handling them, thus greatly reducing damage to collection items. When properly applied, RFID technology can achieve a 100% read accuracy; providing advantages over manual methods. Institutions can greatly benefit from RFID to help them track movements of their collections. Once a collection is labeled with RFID tags, any staff member can get instant access to information about any piece of interest. Information such as home location (needed when putting items away), conservation history, artist, or any other piece of information that already exists in the database can instantly be displayed. In addition, the Secure Tracking and Inventory Solution provides an unparalleled level of security that can track the slightest movement of an artwork and alert security personnel and systems instantaneously.
Several private collectors have recently deployed this solution to track and secure their private art collections. The solution helps the collector track artifact movement automatically, improve collection preservation through reduced handling, fast track inventory audits and work with existing security systems to provide alerts and notifications on any security issue.
"Tracking art collections accurately for security and inventory has always been a challenge for museums, auction houses, galleries, collectors and shippers. Our relationship with CMS will open new opportunities for KeyTone in this market." said Edwin Winder, EVP KeyTone. "We now have the capability to implement an end-to-end solution that will enable CMS customers to leverage RFID to maximize the use and security of all their expensive assets."
"CMS's partnership with KeyTone is part of a strategic move to cater to the real-time asset tracking and management needs of our wide network of enterprise customers in the art world." said Derek Reisfield, President CMS. "The partnership has already gained momentum with the successful implementation here in San Francisco for a significant private collection, and we are looking to gain an increasing market share in select market segments throughout the country."
About KeyTone Technologies
KeyTone Technologies is a recognized leader in RFID solutions for clients in Manufacturing, Distribution, Transportation & Logistics, Financial Services, and Aerospace & Defense. With in-depth experience and comprehensive solutions, KeyTone has distinguished itself as the company of choice for delivering real value while simplifying the adoption of RFID. Whether providing end-to-end visibility through all manufacturing and distribution processes or tracking material and human assets, KeyTone's solutions help create and sustain superior performance by improving visibility, agility and efficiency of operations.
Headquartered in Santa Clara, California, KeyTone enjoys an impressive customer base including, Seagate, Micron (formerly Lexar Media), Wesco, Surefire, and BHEL and an equally strong partner community including Alcatel-Lucent, Motorola (formerly Symbol), Intermec, Wavetrend, Alien Technology, Zebra Technologies, Intelleflex, Escort Memory Systems (a Datalogic subsidiary), Weber Marking, and Satyam Computer Services.
For more information, please visit www.keytonetech.com.
About Collections Management Systems
CMS is a leader in the use of RFID technology for fine art and collectibles. CMS understands the special needs of museums, auction houses, galleries, private collectors and fine art shippers, and has developed RFID-based systems to improve inventory management and security specifically tailored to their unique institutional requirements.
Headquartered in San Francisco, CMS has an impressive client list of leading fine art institutions and collectors. For more information, please visit www.collectionsmanagement.com.
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