
A leading provider of covert machine-readable authentication solutions, was acknowledged as a recipient of the 2007 Frost & Sullivan Product Innovation Award-Chipless Tag Market (APAC) in an August 20th release issued by Frost &Sullivan . The Frost & Sullivan Award for Product Innovation is presented to the company that has demonstrated excellence in new products and technologies within its industry. InkSure‘s award came within the Automation & Electronics (Smart Cards&RFID) segment.
“We’re pleased to be recognized for the innovations being made with our SARcode™ chipless RFID technology. It is an honor to be an award recipient along with so many prestigious technology companies” stated Don Taylor, InkSure’s Vice President of Global Marketing.
InkSure has leveraged the intellectual property developed in its current ink-based security solutions business to develop multi-bit (e.g. 96-bit) “chipless” RFID codes (“SARcodes”) that can be printed with conductive inks beneath the surface of documents, product labels, product packaging and products themselves at a projected cost of less than one cent (US) each. Such printed codes offer far more security, functionality, and data-carrying capacity than traditional barcodes and have the potential to revolutionize the brand protection and supply chain management industries. InkSure expects it SARcode chipless technology to be commercially available by the end of 2008.
About InkSure Technologies Inc.
InkSure Technologies Inc., with its corporate headquarters in Ft. Lauderdale, Florida and its research and development center in Science Park, Rehovot, Israel, specializes in comprehensive, covert security solutions designed to protect high profile brands and documents of value from counterfeiting, fraud and diversion. The Company's sales and marketing activities target a number of market opportunities, including financial, pharmaceutical, branded products, transportation, and government/institutional, on a global scale. The Company’s R&D activities include the development of “chipless” RFID technology for affordable item-level secure logistics and track-and-trace applications.
The Company's common stock is listed on the OTC Bulletin Board under the symbol "INKS". Additional information on the Company is available on its website at http://www.inksure.com. InkSure Technologies, Inc.
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