In order to bring down this cost, OrganicID is proposing to build RFID tags based on organic materials. Research into organic electronic technology dates back to the 1970's when researchers discovered that certain organic compounds have special, complex molecular structures that could act as semiconductors. These plastics and their associated deposition processes are far cheaper than silicon. However, plastic chips do not match the performance of silicon. However, organic transistors have much lower performance characteristics than those based upon single crystal silicon circuitry. These performance limitations are likely to keep organic electronics from ever replacing silicon technology for all applications. However, in markets where a lower transistor performance is acceptable, where a larger circuit size is tolerable, and where the circuit cost is absolutely paramount, organic electronic technology promises to have a bright future.

OrganicID intends to build on the current state of organic technology to develop a complete CMOS organic process that includes all circuit components at performances necessary to build fully printable RFID tags. Specifically, OrganicID intends to achieve the following fundamental goals that will allow the Company to emerge as the leader in the race to an organic-based RFID:

• The Company has identified a development path that will result in both p-type and n-type material. It is estimated that transistors of this performance level can be used to design RFID tags operating at a data rate of 10kHz/sec, a speed compatible with today's RFID standards.
• To meet the commercial needs of the RFID industry, the Company does have specific intellectual property that will permit the standard operating frequency of 13.56Mhz.
• OrganicID is developing a complete prototype printable manufacturing process that includes all circuit elements and interconnect technology necessary to build a RFID tag.
• High volume manufacturing of organic electronic circuits will require high-resolution continuous feed or roll-to-roll printing methods that OrganicID currently is developing specific IP.