SATO signs agreement to acquire TrakIT Systems

Singapore, November 05, 2007 - SATO, a pioneer in the Automatic Identification and Data Collection (AIDC) industry and a leader in barcode printing, labelling, and EPC/RFID solutions, announced that it has signed an agreement to acquire Nashville-based TrakIT Systems, Inc., a leading global provider of end-to-end Automatic Identification Software and Integration Services. TrackIT Systems will be integrated into SATO America and renamed as the Integration Solutions Division (ISD).

TrackIT Systems is well-known for its supply chain management expertise in software development, deployment and integrated RFID solutions in the Manufacturing, Logistics, Retail, Pharmaceutical, Food, Horticulture, Transportation and Healthcare industries. It boasts a customer portfolio that includes Tier 1 Fortune 500 companies that utilize barcode and Radio Frequency Identification (RFID) integration solutions and hardware, and warehouse management systems (WMS).

Bob Linse , president of SATO America said, “This acquisition creates a collaborative platform to deploy end-to-end solutions combining automatic identification and data collection (AIDC) technologies that integrate with enterprise, warehouse, medical, and supply chain applications. It allows us to roll out a proven integration infrastructure and customer-centric solutions that will benefit not only end-users, but will extend to our network of highly valued VARs."

The acquisition is consistent with SATO’s global strategy of adding integration capabilities to deliver ‘DCS & Labelling’ solutions, which sets us apart from the competition, further strengthening our leading position in the AIDC sector,” said Kaz Matsuyama, Managing Director of SATO International.

*Conversion is based on an average exchange rate of 1US Dollar =116.97 Japanese Yen

About SATO
SATO is a pioneer in the Automatic Identification and Data Collection (AIDC) industry and the inventor of the world’s first electronic thermal transfer barcode printer. It revolutionised the barcoding industry by introducing the Data Collection System (DCS) & Labelling concept – a total barcode and labelling solution providing high quality barcode printers, scanners/hand-held terminals, label design software and consumables. SATO is one of the first in the industry to introduce a complete, multi-protocol EPC-compliant, UHF RFID solution.

SATO is publicly listed on the first section of Tokyo Stock Exchange in Japan. It has worldwide offices in the United States, Belgium, France, Germany, Spain, United Kingdom, Poland, Singapore, Malaysia, Australia, New Zealand, Thailand and China. For the fiscal year ended March 31, 2007, it reported revenues of US$705 million. More information about SATO Corporation can be found at www.sato.co.jp/english

About SATO International
SATO’s international global headquarters, SATO International Pte. Ltd is located in Singapore. Previously an international division, it was incorporated as a holding company in Singapore in 2001 to oversee the sales, marketing and customer services activities of all its Group Member Companies. More information about SATO International can be found at www.satoworldwide.com

Contact:
Yuji Shimizu
Manager,
Corporate Planning
SATO International PTE. LTD.
438A, Alexandra Road #05-01/04
Alexandra Technopark
Singapore 119967
Tel: (65) 6271-2122
Fax: (65) 6271-2151
Email: communications@sato-int.com