Advanced ID Corporation, a developer of RFID solutions for supply chain applications, fleet operations, animal tracking and tire management, and NovaMeric Ltd., a product supplier and product development company, have signed a "Sales and Operating Agreement" to establish a new U.S. corporation.

NovaMeric offers a range of innovative products that will provide early revenue for the new company. The company is specialized in providing high technology smart building and home automation products, mobile communications devices, active mobile asset tracking systems and a comprehensive product line including electronic voting machines and voter identification for sales around the world.

AIDO has vast numbers of clients in South America, where the RFID tire management business is gaining widespread acceptance and livestock RFID tracking in an area of the world that has more cattle then people.

Dan Finch, Advanced ID's president says that the company has been working with NovaMeric for almost a year to develop the appropriate corporate structure for the new company and it is necessary that the resources of both NovaMeric and AIDO be fully committed to the new company. Finch adds that this new company will enjoy early revenue and significant growth over the next year or so in a variety of new markets.

Gerhard Mynhardt, the managing director of NovaMeric and the president and CEO of the new company adds that the aim of this venture is to provide quality products and service to its customers. Advanced ID will own 40 percent shares of the new company and NovaMeric will own 60 percent of the new company.