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Working asset management system and method

  • US 5,664,113 A
  • Filed: 12/10/1993
  • Issued: 09/02/1997
  • Est. Priority Date: 12/10/1993
  • Status: Expired due to Term
First Claim
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1. A method of operating an identification tag including a processor and a memory coupled to said processor, to control an inventory of monitored working assets, said method comprising steps of:

  • coupling a monitoring system for one of said working assets to said tag;

    obtaining use information from said monitoring system, said use information describing a quantity of use experienced by said one working asset;

    receiving an interrogation signal;

    storing, by said processor, data in said memory in response to instructions contained in said interrogation signal; and

    transmitting, in response to said interrogation signal, said use information.

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