StockGuru Blog: EnXnet, Inc. -RFID Becoming Mainstream in Healthcare
EXNT - EnXnet, Inc. (OTCBB Symbol: EXNT) (German Symbol E8U; German WKN# A0HMDW) Stock Guru Profile EnXnet has a scanning device that detects surgical sponges tagged with radio frequency identification chips which will help operating room personnel detect foreign objects that have been inadvertently left inside patients. In December 2004 the research firm Frost & Sullivan projected that revenues from RFID tracking systems used in the healthcare field would increase from $300 million in 2004 to more than $658 million in 2007. EnXnet, Inc. has entered into a joint venture agreement to market their RFID product to detect surgical sponges.…