2005
  • UK Retailer Tesco announces that it has selected the Mercury4 platform for one of the largest RFID reader orders ever.
  • RFID standards body EPC Global launches the 'Generation 2' tag specification. ThingMagic begins a major user information campaign, producing white papers and a DVD. While all other RFID readers became obsolete or need hardware changes, Mercury4 adjusted to the new standard with a simple remote software upgrade, proving the power of ThingMagic's advanced software defined radio technology.
  • Technology Review magazine names co-founder Yael Maguire as one of its top 35 innovators under the age of 35.
  • ThingMagic takes its first ever round of investment, raising a total of around $21m from investors including The Exxel Group, The Tudor Group, Cisco Systems, Morningside Technology Ventures, Inventec Appliances Corporation and Topline Growth Capital.
  • ThingMagic named to Red Herring's 100 North America, a list of privately-held companies playing a leading role in innovating the technology business.
 

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Leading the RFID Industry

"ThingMagic is distinguished by being committed to the RFID industry and easing adoption, and is forward thinking, like Lexmark, working now to be where we want five years from now. We select partners like ThingMagic because they have staying power."

-- Rick Kallop, Lexmark