Alien Technology Corp. has withdrawn their registration plans for an IPO.

Alien's registration agreement with the U.S. Securities and Exchange Commission sought to sell 9 million shares for $10 to $12 each to raise around $90 to $108 million for facility renovations and equipment purchases.

Alien says they haven't given up all plans to open an IPO and will use this time to keep a close watch on the market.

The IPO would have been the first attempt for an RFID company to go public with market shares.