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MeatTrac – Traceability within meat production

TracTechnology meets the demands of consumers, producers, and public authorities. It’s all about security and traceability as well as efficiency and savings.

MeatTrac is a system that uses RFID tags to give animals a unique identification mark beginning at the breeder. The system ensures that all parties, from the breeder to the final consumer, can be assured of increased security and cost savings. MeatTrac is a patented method for traceability throughout the entire production chain.

In addition to traceability, MeatTrac creates considerable potential for increased efficiency, improved exchange of raw meat products and thereby increased profitability within meat production. MeatTrac is a simple and flexible system that produces benefits and a short payback time shortly after being introduced into the production chain.

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Standardized RFID solutions

Utöver MeatTrac erbjuder TracTechnology kundanpassade RFID-lösningar inom områden som kontantfria betalningssystem, tidregistrering, inpassagekontroll m.m. Vi har paketerat dessa lösningar och erbjuder dem under produktnamn som TimeTrac, GateTrac, CellTrac och PayTrac. Exempel på kunder är Kriminalvårdsstyrelsen och flera kommuner.

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Business model

TracTechnology’s business model is built on the sales, installation and maintenance of RFID solutions within several selected application areas. This creates business opportunities in the form of revenue from system packages, installation, hardware and labor, as well as a basic charge followed by a recurrent licensing fee. Additional revenue comes from the sale of expendable materials, such as RFID tags. MeatTrac also generates additional revenues in the form of solution licenses, expertise and patents to international clients and partners.

For investors

 

Annual Summary 2008

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