05.01.2010 Tagnetics, an electronic shelf-label provider, engages VentureLab…

Chicago, IL — May 01, 2010 — Tagnetics, an electronic shelf-label provider, engages VentureLab to provide business advisory services and assist with its private placement.
Tagnetics Inc. is a leading producer of electronic shelf label (ESL) systems for the $4.2B retail market. The Company has developed a price display and shelf optimization system for the multi divisional, multi format tier 1 retailers. Tagnetics’ ESL technology is currently installed at three separate retail companies. The Company’s competitive advantage is based on a proprietary technology used to create a product that provides 100% pricing accuracy and a return on investment of approximately 1 year.
Current retail methods of managing accurate pricing points use outdated business practices and inefficient controls. Retailers have demonstrated their desire to improve this process with Electronic Shelf Labels, but have been held back by performance issues and high cost of ownership which translates into unacceptable ROI. Tagnetics’ objective is to address these needs through its  proprietary ESL Technology.
About VentureLabVentureLab provides business and financial advisory services to early-stage companies. VentureLab works with business owners and entrepreneurs to identify their core needs, evaluate the company’s strengths and opportunities, build plans to facilitate the greatest return on investment, and execute those plans to raise capital, form strategic alliances, and grow the company. Headquartered in Northbrook, IL, VentureLab serves clients in the Midwest and throughout the United States.www.theventurelab.com
Contact: Larry Hayward, 847.739.0100 (x2), lkh@theventurelab.com