Authentix, Inc. and FAS Authentication Ltd. Win Fuel Marking Contract for Securing Transnet Fuel Pipelines

     |     

13 April 2022 – Authentix and FAS Authentication have been awarded a contract to pilot marking and securing fuel being delivered through Transnet Pipelines (TPL), the largest multi-product operator in Southern Africa. The technology will allow TPL to mark and trace petroleum products in their custody and support authorities in taking enforcement action if product is stolen or diverted. The scope of the program includes supplying proprietary covert chemical markers to differentiate fuel streams under TPL’s custody from the intake to delivery point. Transnet will test the performance of the tracing technology during this contract period and decide if further expansion of the program is warranted.

Transnet Pipelines transports approximately 17 billion litres of hydrocarbons and methane-rich gas through a network of over 3,000 km of petroleum and gas pipeline infrastructure. Naturally, challenges exist in protecting the integrity of these fuels during transit. TPL has witnessed an alarming increase in the frequency of product theft. These illegal activities cost the government and major fuel companies millions of Rand – as well as threaten the environment, health, and safety of South Africans.

As part of this pilot contract, the Authentix/FAS consortium will manage all in-country logistics for the program including security, warehousing, personnel, and infrastructure as well as the application of the core technology, enabling hardware, and custom analyzers. The solution will include the Authentix Information System (AXIS®), a cloud-based data information platform, to enable tracking, compliance, and enforcement when illicit or stolen fuel products are found in the supply chain. This fuel integrity system will provide fuel product authentication via inert and environmentally friendly technologies.

Authentix’s fuel integrity programs have helped dozens of national governments and international corporations to recover billions of dollars in lost revenue due to illicit trading and theft.

Strengthening Our Systems to Better Protect Yours

     |     

Thank you to SAP and Seidor for featuring Authentix in a recent success story detailing our journey to harness the power of SAP Business ByDesign for real-time insights, accurate reporting and consistent data across our rapidly growing organization.

 

Authentix, Inc. Signs Five-Year Contract with the Republic of Congo for a Marketplace Governance Program for Digital Tax Stamp and Fuel Integrity

     |     

MARCH 2022 – Authentix announces today that it has signed major contracts with the Republic of Congo Ministry of International Cooperation and Promotion of Public Private Partnership for the implementation and operation of two National Marketplace Governance Programs to prevent illicit trading of goods in both packaged consumer products and retail fuels. Preventing this illicit trading in both markets will make sure citizens are receiving genuine products and also boost excise tax revenue by enforcing compliance with taxes that are levied on these goods.   The contracts cover a five (5) year term.

A new Digital Tax Stamp Track & Trace system will be implemented using the Authentix’ TransAct™ information system for affixing secure, digital tax stamps to beverages and tobacco and also provide field inspection kits to provide traceability and visibility into the supply chain and deter fraudulent activities – ensuring a level playing field for all legitimate industry stakeholders. The Fuel Integrity Program includes the supply of proprietary fuel marking and fuel quality testing, portable analyzers, and field test kits. Also included in the fuel program is access to Authentix Information System (AXIS®), a cloud-based information system, to enable tracking, compliance and enforcement of fuel marketing companies and retailers when illicit fuel products are found entering the supply chain. Both programs encompass implementation, training and support, technical support, device maintenance, and a country-based program management team.

Collaborating with governments around the globe, Authentix marketplace governance programs have helped to ensure the authentication and traceability of products in the supply chain while recovering billions of dollars in lost tax revenue.

The Republic of Congo’s Le Journal de d’Afrique has reported the signing of this major agreement in a recent news segment. See the video clip here.

Authentix, Inc. and Consortium Partner SACOM, SA Awarded Major Marketplace Governance Contract for Fuel Marking Services by Ministry of Mineral Resources and Energy of Mozambique

     |     

Authentix announced today that its business consortium with Autenticação de Combustíveis de Moçambique, SA (SACOM) has signed a major contract with the Ministry of Mineral Resources and Energy of Mozambique to implement and operate a National Marketplace Governance program to combat the illicit trade of fuels.  The contract covers a three (3) year term and implementation of the program is now underway.

The scope of this program includes supplying proprietary covert fuel markers along with logistics and management services to chemically mark the country’s fuel supply, monitor compliance, and provide detection capability to the government for the discovery and elimination of illicit and substandard fuels.  SACOM will handle in-country logistics for the program including security, warehousing, personnel, and infrastructure and Authentix will supply the core technology, enabling hardware, and a cloud-based data platform.  The solution will include the Authentix Information System (AXIS®), a cloud-based data information system, to enable tracking, compliance, and enforcement of fuel marketing companies and retailers when illicit fuel products are found entering the supply chain.   This fuel governance system will provide product movement control and fuel product authentication via secure and environmentally friendly technologies introduced at fuel terminals and loading sites and tracked to consumer retail stations.  At anticipated volumes, the contract will cover approximately 2 billion litres of fuel marked and monitored per annum.

Authentix’s Marketplace Governance programs have helped dozens of national governments recover billions of dollars in lost tax revenue due to illicit trading while also improving the environment by substantially reducing the amount of pollution due to low-quality fuels and waste oil products illegally entering the nation’s fuel supply.

Authentix® Receives Presidential Award for Exports

     |     

ADDISON, Texas, November 5, 2021— Authentix, Inc, a U.S.-based technology solutions provider specializing in digital supply chain security and authentication programs, was awarded today with the 2021 President’s “E” Award for Exports by the U.S. Department of Commerce. The President’s “E” Award is the highest recognition any U.S. entity can receive for making a significant contribution to the expansion of U.S. exports.

November 5, 2021 – Chad Crouch, Vice President of Sales, Authentix (left) with U.S. Deputy Secretary of Commerce, Don Graves (right) at a ceremony in Washington, D. C. for the presentation of “E” Awards for exports.

“Authentix’s achievements have undoubtedly contributed to national export expansion efforts that support the U.S. economy and create American jobs,” said U.S. Secretary of Commerce, Gina Raimondo in her congratulatory letter to the company announcing its selection. “Authentix has demonstrated a sustained commitment to export expansion and an innovative product development process to customize solutions for international clients. The company’s increase in hiring tied to export growth was also particularly notable.”

“The U.S. Commercial Service has supported Authentix’s presence in global markets with local knowledge and experience that connects the right stakeholders to our mission to safeguard the integrity of global commerce.” stated Kevin McKenna, CEO of Authentix. “With their help, we have been able to grow our footprint internationally and deliver advanced authentication solutions to help our customers thrive in a global economy. We are honored to receive the “E” Award,”

U.S. companies are nominated for the “E” Awards through the U.S. Commercial Service, part of the Department’s International Trade Administration. With offices across the United States and in embassies and consulates around the world, the International Trade Administration lends its expertise at every stage of the exporting process by promoting and facilitating exports and investment into the United States; administering Anti-Dumping and Countervailing Duties orders; and removing, reducing, or preventing foreign trade barriers.

About the “E” Awards
In 1961, President Kennedy signed an executive order reviving the World War II “E” symbol of excellence to honor and provide recognition to America’s exporters. Criteria for the award is based on four years of successive export growth in one or more international markets. For more information about the “E” Awards and the benefits of exporting, visit www.export.gov.

About Authentix
As the authority in authentication solutions, Authentix thrives in supply chain complexity. Authentix provides advanced authentication solutions for governments, central banks, and commercial products, ensuring local economies grow, banknote security remains intact, and commercial products have robust market opportunities. The Authentix partnership approach and proven sector expertise inspires proactive innovation, helping customers mitigate risks to promote revenue growth and gain competitive advantage. Headquartered in Addison, Texas USA, Authentix, Inc. has offices in the North America, Europe, Middle East, Africa, and Asia serving clients worldwide. For more information, visit https://www.authentix.com. Authentix® is a registered trademark of Authentix, Inc.

###

Kristi Browne Appointed as Chief Operating Officer of Authentix®

     |     

ADDISON, Texas, July 28, 2021— Authentix, the authority in supply chain security and digital track and trace, announces its most tenured executive leader, Kristi Browne, has been appointed as its new Chief Operating Officer.

Mrs. Browne previously served as Senior Vice President of Global Services for Authentix and possesses unique insight and vision into every aspect of managing a large services organization delivering and implementing solutions to the company’s high-quality client base. In this new role as COO, Browne will continue to be responsible for the management of cross-functional groups accountable for implementation and program management for all client programs in the company’s four primary business units. Kristi’s team is responsible for solutions development, production, and logistics on a global basis. Additionally, she will also supervise the development and growth of Authentix Digital Group providing advanced digital product solutions for product track and trace, on-line brand protection monitoring, and consumer engagement and marketing.

Hired originally as a chemical engineer, Browne has spent nearly 20 years with Authentix in multiple positions advancing to an executive role and a key leader in the company. “Kristi’s detailed understanding of delivering authentication solutions to our client base is unmatched because of her many years successfully leading different areas of the organization,” stated Kevin McKenna, CEO of Authentix, adding that, “The commitment to our mission and the values Kristi demonstrates are the primary reasons for our high customer retention rate.”

Browne holds a bachelor’s degree in chemical engineering from the University of Arkansas.

About Authentix:
As the authority in authentication solutions, Authentix thrives in supply chain complexity. Authentix provides advanced authentication solutions for governments, central banks, and commercial products, ensuring local economies grow, banknote security remains intact, and commercial products have greater market opportunities. The Authentix partnership approach and proven sector expertise inspires proactive innovation, helping customers mitigate risks to promote revenue growth and gain competitive advantage.

Headquartered in Addison, Texas USA, Authentix, Inc. has offices in the North America, Europe, Middle East, and Africa serving clients worldwide. For more information, visit https://www.authentix.com. Authentix® is a registered trademark of Authentix, Inc.

Authentix® Completes Acquisition of Strategic IP Information Pte Ltd (SIPI) Expanding its Growth in Digital Brand Protection

     |     

ADDISON, Texas, July 13, 2021— Authentix, the authority in authentication and information services, announced that it has acquired Asia’s leading online brand and content rights protection provider, Strategic IP Information Pte Ltd (SIPI).

For over ten years, SIPI has offered state-of-the-art services for brands to track unauthorized channels for counterfeit products and manufacturers through its proprietary online tools and array of services including physical enforcement and taking down pirated listings. Using a team of dedicated analysts and sophisticated platform technology, SIPI is able to promptly detect infringement data and counterfeiting activity for rapid action and consolidated, insightful reports for its growing brand owner customer base. SIPI presently serves over 200 global brands and is partnered with numerous major global law firms along with its own teams in New Delhi, Shenzhen, Paris, New York, and Geneva.

“This strategic acquisition expands our portfolio of digital security technologies to include online anti-counterfeiting and content rights solutions and increases the scope of offerings for our brand protection clients,” stated Kevin McKenna, CEO of Authentix, adding “a key element of our growth plan includes the integration of both online investigation and copyright protection services and SIPI is a high-quality organization that fits perfectly with Authentix capabilities and strategic direction.”

SIPI’s founder and Chairman, Bharat Dube (former Head of Anti-counterfeiting for the Richemont Group) said, “We are extremely proud to be joining forces with the highly talented and experienced team at Authentix. The cutting-edge track and trace solutions provided by Authentix, in combination with the online and offline enforcement solutions we have developed, should offer highly secure protection to the world’s leading brands.”

SIPI’s CEO, Bharat Kapoor added, “With the support and backing of Authentix, we are confident of becoming the world’s leading service provider of online brand protection.”

SIPI will remain a stand-alone operating entity retaining its respective brands, with a plan to integrate within the Authentix group of companies and further grow its collective set of strategic offerings and leverage the larger Authentix sales platform in the market.

About SIPI:
Headquartered in Singapore, SIPI provides fully managed online brand protection and content rights monitoring and enforcement services for Fortune 500 companies in the luxury goods, fashion, cosmetics, pharmaceutical, spirits, manufacturing, automotive and media industries. SIPI operates Veri-Site, the global leader in providing risk-relevant intelligence regarding rogue websites, intellectual property theft, cybercrime, web-enabled transnational organized crime, and sanctioned entities operating online. SIPI’s O2O (‘online-to-offline’) division focuses on investigations and offline enforcement in China, India, and several other Asian countries.

About Authentix:
As the authority in authentication solutions, Authentix thrives in supply chain complexity. Authentix provides advanced authentication solutions for governments, central banks, and commercial products, ensuring local economies grow, banknote security remains intact, and commercial products have robust market opportunities. The Authentix partnership approach and proven sector expertise inspires proactive innovation, helping customers mitigate risks to promote revenue growth and gain competitive advantage. Headquartered in Addison, Texas USA, Authentix, Inc. has offices in the North America, Europe, Middle East, and Africa serving clients worldwide. For more information, visit https://www.authentix.com. Authentix® is a registered trademark of Authentix, Inc.

Authentix to Sponsor International Petroleum Week 2021 with Focus on Move to Low Carbon Future

     |     

ADDISON, Texas, February 10, 2021 – Authentix®, the authority in authentication and information services, announced it will be sponsoring International Petroleum (IP) Week February 23-25, 2021, hosted by the Energy Institute. The event, held virtually this year, remains the preeminent international event for building collaboration between the oil and gas industry, government, and society.

Virtual IP Week 2021 will focus on the urgency and demand for the industry to move to a lower carbon future over the next decade, with executives and leaders across the globe collaborating to help define the industry’s role and actions towards this critical endeavor.

Jeff Conroy, PhD, Chief Technology Officer for Authentix, will be presenting February 24th on the topic of “Innovative Solutions for Quality Assurance and Source Integrity of Renewable Biofuels”. With expectations to reduce reliance on crude oil derived hydrocarbons and move to cleaner, renewable, lower carbon alternatives, oil companies are looking at ‘second generation’ or ‘advanced biofuels’ to fill that need.

Already in Europe there is a mandate for the use of these biofuels derived from waste (as outlined in RED and REDII) and allowing for double counting of these in meeting the targets required. This adoption of a wider range of biofuels obtained from a larger variety of sources has increased the complexity in the supply chain, which in turn increases the need for greater oversight and control by both oil companies and governments. In Conroy’s presentation, IP Week delegates will learn how the new QualiTrax™ rapid fuel quality testing solution, a cutting-edge digital field-based fuel quality system using machine learning, artificial intelligence, and real-time access to data can help verify the proper sources and supply integrity for new biofuels.

As part of its sponsorship, Authentix will also have a digital exhibit booth for delegates to explore and chat with an executive to learn more about the QualiTrax fuel quality solution and other fuel integrity programs.

To register for IP Week or for more information, visit the event website at www.ipweek.co.uk.

About Authentix
As the authority in authentication solutions, Authentix thrives in supply chain complexity. Authentix provides advanced authentication solutions for governments, central banks and commercial companies, ensuring local economies grow, banknote security remains intact and commercial products have robust market opportunities. The Authentix partnership approach and proven sector expertise inspires proactive innovation, helping customers mitigate risks to promote revenue growth and gain competitive advantage. Headquartered in Addison, Texas USA, Authentix, Inc. has offices in North America, Europe, Middle East, and Africa serving clients worldwide. Authentix® is a registered trademark of Authentix, Inc. For more information, visit www.authentix.com.

About The Energy Institute
The Energy Institute is the not-for-profit chartered professional membership body bringing together expertise to tackle urgent global challenges. Responding to the climate emergency while meeting the energy needs of the world’s growing population calls for energy to be better understood, managed and valued. This ambition is at the heart of our social purpose. We are a global, independent network of professionals spanning the world of energy, convening and facilitating debate, championing evidence and sharing fresh ideas, giving voice to issues of concern and where necessary challenging the industry we work with. For more information, visit https://www.energyinst.org.

Authentix Announces Acquisition of Traceless® Authentication Group

     |     

ADDISON, Texas, September 30, 2020 — Authentix, the authority in authentication and information services, announced today that it has acquired the Traceless Authentication Group from Bibliotheca, Inc. a library systems solutions company serving over 30,000 libraries worldwide. MHT Partners, L.P. acted as financial advisor to Authentix in this transaction.

Rochester, New York – based Traceless is an industry leader in anticounterfeiting and diversion control to global clientele including customers in the pharmaceuticals, spirits, and apparel industries. This acquisition includes the company’s complete portfolio of patented covert marking solutions as well as its own enterprise cloud-based digital track and trace software solution. Product lines acquired include Traceless Ultra™, Traceless Pro™, and Traceless Anti-Diversion™ covert marking systems that can be integrated seamlessly into existing product production using virtually any available commercial printing method including continuous inkjet and is certified for use in Domino® inkjet printers. Additionally, the company brings to the deal its own portfolio of custom readers and vision inspection systems. Traceless Brand Protection Cloud™, a patented track and trace cloud-based solution includes encrypted QR code generation along with available digitized labels for smartphone interaction and authentication by consumers, without the need to download a phone app.

“Authentix has been a dominant leader in the brand protection market for over 20 years serving some of the world’s largest brand owners, and this strategic acquisition expands our security technology offerings available to our growing list of global clients along with the addition of Traceless customers added in this transaction” stated Kevin McKenna, CEO of Authentix, adding “Traceless brings an extensive capability in the worldwide digital tracking of products and consumer-level product marketing, both of which integrate well with our growth strategy.”

About Authentix

As the authority in authentication solutions, Authentix helps customers thrive in supply chain complexity. Authentix provides advanced authentication solutions for governments, central banks and commercial products, ensuring local economies grow, banknote security remains intact, and commercial products have robust market opportunities. The Authentix partnership approach and proven sector expertise inspires proactive innovation, helping customers mitigate risks to promote revenue growth and gain competitive advantage.  Headquartered in Addison, Texas USA, Authentix, Inc. has offices in the US, UK, Saudi Arabia, and Africa serving clients worldwide. For more information, visit https://www.authentix.com. Authentix® is a registered trademark of Authentix, Inc.

About Bibliotheca

Bibliotheca® is dedicated to the development of solutions that help libraries connect with users in unique ways and provide engaging experiences, allowing them to continually evolve their library services for the changing needs of their communities. With over 30,000 libraries as part of its family, there are more than 10,000 self-service units, 6,000 security systems, and 900 Automated Material Handling systems in place. Bibliotheca’s Open+ solution allows libraries to extend their available hours while also maintaining occupancy at safe levels. In addition, its cloudLibrary eReader provides access to over 1.5 million eBook and eAudiobook titles in over 100 languages for more than 5 million library patrons worldwide. For more information, visit https://www.bibliotheca.com. Bibliotheca® is a registered trademark of Bibliotheca, Inc.

Chad Crouch Appointed to U.S. Department of Commerce North Texas District Export Council

     |     


ADDISON, Texas, March 30, 2020 – Authentix®, the authority in authentication solutions, announced that its Vice President of Revenue Operations, Chad Crouch, has been appointed by the Department of Commerce to the North Texas District Export Council (NTDEC). The council members are appointed by the U.S. Secretary of Commerce and contribute leadership and international trade expertise to complement the U.S. Commercial Service’s export promotion efforts. The primary objectives of the NTDEC are to educate the community about international trade and its benefits, including education to promote exports and international trade for companies in the United States. Regional District Export Councils also lobby state and federal legislatures to promote issues that can have a positive effect on international trade for their respective regions.

Individuals appointed to a regional District Export Council become part of a select corps of trade experts dedicated to providing international trade leadership and guidance to the local business community and assistance to the Department on export development issues. “I’m honored to be selected as part of the North Texas District Export Council, Crouch stated. We’ve been very fortunate to have such a great relationship with the United States Department of Commerce and its related agencies when expanding our business internationally. I look forward to assisting other companies in our region in expanding their business as well.”

Authentix has transformed over the past 20 years to a global organization with programs spanning across five continents and offices serving dozens of governments, central banks, and Fortune 100 companies. Today, Authentix derives 80 percent of its revenue from sources outside the United States. In May 2019, Authentix received the Export Achievement Certificate (EAC) from the U.S. Commercial Service Department for its success in acquiring and serving customers in the global marketplace.

Chief Sales and Marketing Officer for Authentix, Kent Mansfield, stated, “Authentix works closely with the U.S. Commercial Service whenever we are expanding solutions and services into new countries, and this has proven invaluable to us in terms of support and guidance. Chad Crouch has been instrumental in furthering our relationship with the U.S. Commercial Service. I can’t think of a better selection for providing guidance and input to the NTDEC.”

About Authentix

As the authority in authentication solutions, Authentix thrives in supply chain complexity. Authentix provides advanced authentication solutions for governments, central banks and commercial companies, ensuring local economies grow, banknote security remains intact and commercial products have robust market opportunities. The Authentix partnership approach and proven sector expertise inspires proactive innovation, helping customers mitigate risks to promote revenue growth and gain competitive advantage.   Headquartered in Addison, Texas USA, Authentix, Inc. has offices in North America, Europe, Middle East, and Africa serving clients worldwide. Authentix® is a registered trademark of Authentix, Inc. For more information, visit https://www.authentix.com.

About U.S. Commercial Service

The U.S. Commercial Service (CS) is the trade promotion arm of the U.S. Department of Commerce’s International Trade Administration. The CS is a part of the U.S. Foreign Service and its commercial officers are diplomats. The CS global network of trade professionals helps thousands of U.S. companies to export goods and services worth billions of dollars every year. CS trade specialists are located throughout the United States, as well as in U.S. embassies and consulates in over 75 countries around the world. The mission of CS is to advance and protect strategic U.S. commercial and economic interests around the world.

##