SAINT PAUL, Minn., Jan. 17, 2012 /PRNewswire/ -- William Kieger, CEO of General Finance and
Development, Inc. (OTC Markets: GFDV) announced today that the
company's subsidiary Corporate Art Force (CAF) will be applying
Radio Frequency Identification tags on all artwork placed at
clients sites.
The RFID asset tracking technology will provide clients of
Corporate Art Force the ability to efficiently locate their art
assets and utilize the Inventory Management Module of the company's
"SmartArt Program".
The RFID asset tracking technology is another step towards fully
implementing the SmartArt Program that is being piloted with a
Fortune 500 company near Minneapolis, the headquarters of Corporate Art
Force. When implemented, the comprehensive art management program
will be a process that enables organizations to maximize the asset
value of their artwork inventory.
RFID asset tracking is one of the features of the SmartArt
Program designed for effectively evaluating an existing art
inventory, assigning art for resale and reuse, and creating a new
standardized art program integrating the full capabilities of
CAF.
CAF has a network of over 1,000 artists whose creations are
reviewed by the company's art selection committee for approval. The
art consultants have extensive backgrounds in the industry and
participate in the company's proprietary Art Consultant
Certification Program. CAF's production and installation team has
completed, shipped and installed over 13,000 pieces of artwork to
more than 100 clients in 40 states.
Corporate Art Force provides
turnkey art procurement services to corporate clients nationwide.
The company specializes in brand alignment, helping corporations
large and small select visual elements and artwork that perfectly
aligns with their key messages to targeted audiences. CAF's art
fulfillment capabilities provide the standardized logistical
process needed to select, procure, frame, ship and install artwork
worldwide. CAF uses its position as a national leader to deliver
cost efficiencies on all of the above with the best pricing by
leveraging the expertise of best practices, volume buying and
economies of scale in production.
General Finance and Development, Inc. combines investment
capital and business development services to small and mid size
companies. Capital is made available to qualified companies by
equity and/or strategic loan agreements. Business development
services include business planning, organization and management
development. GFD also pursues merger/acquisitions and joint venture
projects.
The foregoing material may contain forward-looking statements.
We caution that such statements may be subject to uncertainties and
that actual results could differ materially from the fore-going
statements. Readers accordingly should not place undue reliance on
these forward-looking statements which do not reflect anticipated
or unanticipated events or circumstances occurring after the date
of these forward-looking statements. More information regarding
General Finance and Development including financial statements and
reports is available at the company's website www.genfd.com and
www.otcmarkets.com.
CONTACT:
William Kieger
651-238-8636
williamkieger@genfd.com
SOURCE General Finance and Development, Inc.
