Expanding Product Portfolio Paragon ID High Point US has recently launched RFID inlays spanning various sectors including retail, manufacturing, aviation, and pharmaceuticals, indicating a strong focus on diversified identification solutions that could be tailored for new client needs.
Innovation Leadership The company recently introduced XgenTag, a next-generation battery-free Bluetooth tag, demonstrating their commitment to innovative, eco-friendly tracking technologies ideal for clients seeking sustainable and advanced access control or asset tracking systems.
Strategic Market Expansion Recent appointments of regional sales leaders in the UK, Ireland, and APAC highlight Paragon ID's strategy to grow its international footprint, presenting opportunities to engage with global transportation and security clients seeking reliable identification solutions.
Industry Focus With a prominent presence in transit access solutions, coupled with recent new product launches and a diverse client base, the company offers potential upsell opportunities to transportation authorities and private operators requiring RFID and contactless access products.
Financial Size andPotential Operating with a revenue range of $25M to $50M and an employee base of 51-200, Paragon ID High Point US presents a mid-sized opportunity with the agility to adopt and incorporate new technologies, making it attractive for firms offering scalable, innovative identification solutions.