SAVI TECHNOLOGY RECOGNIZED AS ONE OF TOP INFORMATION TECHNOLOGY PROVIDERS IN COMPUTERWORLD HONORS PROGRAM

  Savi Garners Finalist Honors in 'Business Related Services' Category of Long-Time, Prestigious Awards Program

SUNNYVALE, Calif. - June 29, 2006 - Savi Technology, a provider of active Radio Frequency Identification (RFID)-based supply chain solutions, was recently named one of the top five information technology providers in the “Business Related Services” category of this year’s Computerworld Honors Program.  Savi Technology’s innovative EchoPoint™ technology and SmartChain® Software Suite were nominated by Morgan Stanley, a global financial services firm and market leader in securities, investment management and credit services.

Savi Technology, a Lockheed Martin [NYSE:  LMT] company, provides solutions for the management, security and condition of commercial and military supply chain assets, shipments and consignments.  In case studies presented to the judges, Savi’s solutions have proven to help the U.S. Department of Defense and international defense forces reduce excess supplies, improve fill order rates and enhance war fighter confidence.  Examples also showed that Savi Trak™, the real-time information service provided by Savi Networks, has helped improve the visibility, operational efficiency and security of international commercial cargo shipments.

“For the 18th consecutive year, the Computerworld Honors Program has identified the most innovative organizations and people who use technology to promote positive, social, economic and educational changes,” said Bob Carrigan, chairman of the Computerworld Honors Program Chairmns’ Committee and president, IDGH Communications.

Savi’s EchoPoint is a highly configurable technology system using multiple frequencies for spot-level and wide-area locating of assets, and includes Savi’s active, data-rich RFID tags, readers and signposts.   Savi’s SmartChain software products include supply chain applications and enterprise software, which enables users to leverage real-time information from Savi’s own active RFID EchoPoint products as well as other Automatic Identification and Data Collection devices, ranging from bar codes, sensors, passive RFID and GPS location systems. 

Each year, the Computerworld Chairmen’s Committee, a group of 100 Chairmen/CEOs of global technology companies, nominates individuals and organizations worldwide whose visionary application of information technology promotes positive social and economic progress.  Nominations are evaluated by an independent board of CIO-level judges.

More than 400 nominations were submitted from 23 countries.  Savi Technology has been the recipient of numerous awards in recent years, including from market analyst firms such as the ARC Advisory Group and Frost and Sullivan, organizations such as the World Economic Forum, and magazines such as World Trade, Inbound Logistics, Red Herring, and others.