Monday, April 17, 2017

TrustTag and QueueHop Announce a Partnership in Self-Checkout Technology

TrustTag, one of world’s largest loss prevention and RFID source tagging solution provider, and QueueHop, one of world’s leading technology providers of autonomous retail checkout, announce a new strategic partnership today.

The partnership will combine TrustTag’s 12 years of upstream manufacturing expertise in and innovative designing experience in both EAS and RFID with QueueHop’s technology infrastructure and intellectual properties to deliver an integrated supply chain for retailers seeking to provide autonomous retail checkout by combining RFID technology and EAS loss prevention solution together.

As you must be aware that TrustTag is well known for its high-quality loss prevention products with excellent customer service, we have thought to expand our business and service by working in the close partnership with QueueHop. Our ultimate goal in this partnership is to improve the autonomous retail space by establishing cost-effective channels and designing innovative security devices. Moreover, TrustTag will work closely with QueueHop to seek to enhance ease of operational integration for retailers, such as inventory management tools and tagging automation.

Simon Shi, the president of TrustTag comments “As TrustTag consistently provides high-quality loss prevention solutions and services to meet the demands of various retailers, we are also a forward-looking and innovative pioneer with a passion of bringing future technology to our customers. We believe that the strategic partnership between QueueHop and TrustTag is envisioned for the future autonomous retail checkout system. The synergy between TrustTag’s engineering and manufacturing capabilities and QueueHop’s leading-edge technology will set a new benchmark for both EAS and retail industry.”

Lindon Gao, the CEO of QueueHop comments “We are very pleased to establish a strategic partnership with TrustTag. Amidst growing emphasis on seamless shopper experience, physical retailers must improve and digitize their physical store experience in order to stay competitive. By combining QueueHop’s innovative initiatives with TrustTag’s 12 years of designing and manufacturing experience, the companies can bring extremely cost-effective technologies to market to justify for high ROI for retailers.”

The two companies will begin deploying its synergistic initiatives immediately.

About TrustTag:
Since our founding in 2004, TrustTag has focused solely on solving the problem of retail theft with solutions based on anticipating the needs of our customers. Our objective since day 1 has been to help increase retail sales while decreasing shrinkage though the use of innovative and high quality loss prevention products. TrustTag’s business partners have sold our products to leading retailers worldwide.

About QueueHop:
Founded in 2015, QueueHop brings seamless autonomous checkout technologies for various retail verticals. The QueueHop Self-Checkout Security System was launched with Rebecca Minkoff in 2016 and the company has since been named as the “Top Innovators in Retail” by Forbes and WWD. Today, QueueHop continues dominate in the apparel checkout technology category with a core mission to digitize retail and stand at the frontier of brick & mortar technology revolution.

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