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Precision Dynamics Corp. (PDC), a provider of automated wristband identification, and FreedomPay, a provider of payment management solutions, have entered into a partnership agreement to offer multi-purpose cashless solutions to water parks, hotels, and resorts using RFID technology. As part of the joint venture, FreedomPay will power patrons' stored value accounts, which will be linked to PDC's Smart Band® RFID wristband system, to provide increased security for processing and payments.

"PDC is happy to be partnering with such a highly-regarded company in the payments management industry," said Doug Bourque, market manager, leisure and entertainment for PDC, in a prepared statement. "Being able to provide owners with a more secure, turnkey economical cashless solution from FreedomPay, coupled with PDC's cutting-edge Smart Band® RFID system, will help owners build positive relationships with their guests that will translate into recurring business and greatly benefit their bottom line."

"As a leader in RFID wristband solutions, PDC is a natural partner for FreedomPay," said Sam Bellamy, COO of FreedomPay. "PDC's wristband technology combined with FreedomPay's payments expertise is a great synergy in which our clients and their customers truly win."

PDC is the first company to introduce its patented Smart Band® RFID wristband system, which is now used in venues such as waterparks and resorts for automated admissions, guest identification, cashless point-of-sale, keyless entry and other applications. Coupled with the award winning PDC Smart Kiosk® Cashless RFID system, PDC has provided a full range of RFID consulting, applications needs, project development and product management services for property owners.

FreedomPay's proprietary cashless solution allows owners to offer their guests the convenience of paying without cash. Owners will be able to reap the benefits of increased sales, quicker lines, streamlined reconciliations and closeouts and reduced cash handling. In turn, this will allow owners to provide guests an easy, seamless guest experience.

For more information regarding PDC Smart Band RFID Wristband System visit www.pdcorp.com/RFID or call 866-403-6526.

For more information regarding FreedomPay, visit www.freedompay.com or call 888-495-0222.