Brady Secures License to Valuable Honeywell Global Shutter Barcode Technology
March 25 2022 - 4:30PM
Brady today announced that it has entered into a multi-year
agreement with Honeywell International Inc. to license Honeywell
patented technology related to the use of its global shutter
technology in barcode scanning devices. Under terms of the license,
Brady has agreed to pay an annual royalty to Honeywell to license
Honeywell patents that cover global shutter technology in barcode
scanners.
Russell Shaller, President – Identification Solutions of Brady,
said, “We are thrilled to have been able to secure a license to
Honeywell’s global shutter patent portfolio. Having access to this
extremely valuable technology has been a goal of Brady’s for many
years. Brady respects the intellectual property rights of other
companies and, as a result, approached Honeywell to secure a
license to Honeywell’s global shutter technology prior to
manufacturing and releasing products that included that technology.
Brady’s industrial customers will see recognizable improvements in
Brady’s products as a direct result of this groundbreaking
technology.”
Mr. Shaller also touted the benefits of the global shutter
technology to customers saying, “For many years, companies,
including Brady, relied on rolling shutter technology in barcode
scanners. In the early 2000s, Honeywell developed a global shutter
technology that is inherently faster for highspeed barcode
scanning. Honeywell’s patented global shutter technology has
significant advantages over rolling shutter, including improved
motion tolerance, faster barcode reading, and increased
versatility. Because of the global shutter technology, Brady’s
industrial customers will be able to scan barcodes more efficiently
and operate Brady’s products in a wider range of environments and
situations.”
Kevin Dehoff, President of Honeywell’s Productivity Services and
Solutions business unit noted, “Our barcode scanning engines with
their patented global shutter technology makes it an ideal fit for
the next generation of handheld devices, mobile payments, scanners
and more. Their design makes them a versatile option for customers
from retail and healthcare to supply chain and warehouses to
effortlessly handle the volume of scanning intensive applications
require. Honeywell’s agreement with Brady confirms the value of our
patent portfolio and the importance of our innovations to the
products offered in the industry that help our customers meet their
business needs.”
About Brady Corporation
Brady Corporation is an international manufacturer and
marketer of complete solutions that identify and protect people,
products, and places. Brady’s products help customers increase
safety, security, productivity, and performance and include
high-performance labels, signs, safety devices, printing systems
and software. Founded in 1914, the Company has a diverse customer
base in electronics, telecommunications, manufacturing, electrical,
construction, medical, aerospace and a variety of other industries.
Brady is headquartered in Milwaukee, Wisconsin and as
of July 31, 2021, employed approximately 5,700 people in its
worldwide businesses. Brady’s fiscal 2021 sales were
approximately $1.14 billion. Brady stock trades on
the New York Stock Exchange under the symbol BRC. More
information is available on the Internet
at www.bradycorp.com.
For More Information:Media contact: Bill Blank
414-719-9983
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