IDM Technologies Group to Relocate to Phoenix Area

Creator of LabTrackTM specimen tracking technology to bring high-level jobs to the Valley

PHOENIX – Tuesday, Nov. 25, 2011 – IDM Technologies Group, manufacturer of the point-to-point specimen tracking product LabTrackTM, will move its company headquarters to the Phoenix Metropolitan area first quarter 2012.

“Relocating to the Phoenix area will strengthen our strategic partnership with Avnet, one of several partnerships that are key to our growth plan for LabTrackTM,” said Peter Allison, CEO of IDM Technologies Group who founded the company near Seattle four years ago. “This growth will bring new, quality jobs to metropolitan Phoenix, starting with 15 management-level positions that we will hire in 2012.”

Locations in Scottsdale and Chandler are being considered for the corporate office and a distribution facility.

IDM Technologies Group has already established agreements with six local contractors to provide business support ranging from marketing and distribution to accounting. By the end of 2014, management expects to create up to 45 salaried positions in the Valley.

Following its launch in 2007, IDM Technologies Group has been developing, distributing and testing its flagship product, LabTrackTM, from its current headquarters in Gig Harbor, Wash., near Seattle.

Using radio-frequency identification (RFID) technology, LabTrackTM tracks and traces lab specimens, blood and tissue samples through every point in the diagnostic lab process.

The technology helps eliminate lost and misplaced lab samples, which helps ensure both patient safety and test reliability. Product testing has also shown that the technology leads to increased productivity among lab personnel and reductions in laboratory operating costs.

The LabTrackTM point-to-point specimen tracking product is assembled in the United States and will be distributed from facilities in the Phoenix area.

Allison projects that the company will begin a national launch of LabTrackTM during the first quarter of 2012.

About IDM Technologies Group
Founded in 2007, IDM Technologies Group is a privately-held company that develops and deploys comprehensive business information management systems for the healthcare industry. IDM Technologies Group partners with leading technology companies to deliver its LabTrackTM point-to-point specimen tracking product. The company is dedicated to creating technology-based solutions to enhance the quality of patient care, increase lab productivity and reduce lab operating costs.

Currently located near Seattle, IDM Technologies Group will move its headquarters to Phoenix during the first quarter of 2012.

For more information about IDM Technologies Group, visit www.ambientIDinc.com or call (480) 991-1333.