Category: News & Updates

Authentix® Completes Asset Purchase Agreement for Acquisition of Nanotech Security Corp. Assets

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ADDISON, Texas, July 17, 2024 — Authentix, the authority in authentication and information services, announced that it has completed an Asset Purchase Agreement with Nanotech Security Corp. (NSC), a wholly owned subsidiary of Meta Materials Inc., acquiring certain assets of its authentication business unit with solutions for banknote authentication and brand protection markets for central banks, governments, and commercial brand owners.

“This acquisition expands Authentix’ portfolio and offerings in the Banknote, Currency, and Brand Protection business sectors and further compliments and leverages other business lines such as high security printing to support Authentix’s ongoing growth in our authentication group covering central banks, governments, and commercial brand owners,” stated Kevin McKenna, President and CEO of Authentix, adding that “Nano optic security is the next generation advancement in anticounterfeiting and authentication technology and puts Authentix in a unique position to continue as the industry leader in innovation.”

Authentix will continue to operate two key Canadian facilities of NSC in Burnaby, British Colombia and Thurso, Quebec as Authentix technology and manufacturing sites. Additionally, certain previous employees of NSC will become employees of Authentix and continue in key roles advancing the technology suite and expanding market share.

About Authentix

As the authority in authentication solutions, Authentix brings traceability to today’s complex global supply chains. For over 25 years, Authentix has provided clients with physical and software-enabled solutions to detect, mitigate, and prevent counterfeiting and other illicit trading activity for currency, excise taxable goods, and branded consumer products. Through a proven partnership model and deep sector expertise, clients experience custom solution design and complete program management to ensure product safety, revenue protection, and consumer trust. Headquartered in Addison, Texas USA, Authentix, Inc. has offices in North America, Europe, Middle East, Asia, and Africa serving clients worldwide. For more information, visit https://www.authentix.com. Authentix® is a registered trademark of Authentix, Inc.

Media Contact:
Kent Mansfield, Chief Sales and Marketing Officer
Kent.mansfield@authentix.com

Authentix® UK Receives Highest Growth Award on York’s Top 100 Business List

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ADDISON, Texas, July 15, 2024 — Authentix, the authority in authentication and information services, has been featured as the business with the “Highest Growth” in The Press York and North Yorkshire Top 100 Businesses list for 2023 as published by The Press.

Authentix’s annual turnover of £29.7million, a 71% increase over 2022, ranks the highest of any York Top 100 business.

Authentix’s overall ranking on the list is 32nd with a 2nd place ranking in the professional, financial, scientific and technical category.

The algorithm used to produce the list was developed by independent researchers in the Business School at York St John University. Using public accounts submitted to Companies House, they analyze over 11,000 businesses ranking turnover, balance sheet, profit levels, growth-rate, and staff turnover to produce an independent list of the top 100 businesses in York.

“We are delighted to continue to be included in the York Top 100 list year over year. To receive this recognition is a testament to our continued growth and solidifies our position as a business leader in the York region. To receive the ‘Highest Growth’ award is a great achievement for the York team and demonstrates their constant motivation and commitment to continue our company’s strategic focus to expand our reach as a global organization while still supporting the local communities we serve,” said Kent Mansfield, Chief Sales and Marketing Officer.

The top 100 businesses were featured in a special supplement publication distributed by The Press. The full article about Authentix can be found on pages 14-15 here.

Authentix Partners with ARMOR-IIMAK to Deliver Security Thermal Transfer Ribbons to Combat Counterfeiting and Diversion

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ADDISON, Texas, June 26, 2024 – Authentix, the authority in supply chain authentication and information services, announces an exclusive relationship with ARMOR-IIMAK to supply brand owners and their authorized contract manufacturers a new covert security ink available in thermal transfer ribbon format.

These new Security Thermal Transfer Ribbons were co-developed with ARMOR-IIMAK and are exclusively manufactured and available only through Authentix. ARMOR-IIMAK has been a worldwide leader in the thermal transfer ribbon printing industry since 1983. These new security printing ribbons include a specialized, covert ink that are drop in ready and compatible with most thermal transfer ribbon printers on the market today. These security thermal transfer ribbons are available in different roll formats, enabling brand owners and manufacturers to rapidly make the transition to security printing as easy as changing the printer ribbon. The new security ribbons can be applied to a wide range of existing industries now using thermal transfer ribbon printing including apparel, footwear, automotive, electronics, and many more.
There are multiple benefits to implementing Authentix security printing ribbons as part of a secure brand protection program including:

  • The ability to print both visible (black) and covert linear and 2D barcodes in one printing pass
  • Works with most substrates including paper, plastics, and textiles and prints on apparel labels, hangtags, and directly on electronic and other product components, etc.
  • Can be converted from standard thermal transfer ribbons to covert security ribbon solution with little to no interruption or process changes required
  • Ease of set up including drop-in implementation with many existing and installed printers
  • Can be combined with Authentix DigiTrax™track and trace software enabling base authentication as well as item level digital UIDs or QR codes in a cloud-based track and trace and consumer engagement solution
  • Multiple standard roll formats and custom ribbon sizes available for higher volume accounts

Security Thermal Transfer Ribbon prints a normal black printed ink, but it is also verifiable by the Authentix Traceless® Ultra Analyzer. This analyzer is precision built for reliability, durability and accuracy, even under extreme conditions. It has been used for over a decade in multiple industries and is ideal for fast, field-based testing and instant authenticity confirmation.

About Authentix
As the authority in authentication solutions, Authentix brings enhanced visibility and traceability to today’s complex global supply chains. For over 25 years, Authentix has provided clients with physical and software-enabled solutions to detect, mitigate, and prevent counterfeiting and other illicit trading activity for currency, excise taxable goods, and branded consumer products. Through a proven partnership model and sector expertise, clients experience custom solution design, rapid implementation, consumer engagement, and complete program management to ensure product safety, revenue protection, and consumer trust for the best-known global brands on the market. Headquartered in Addison, Texas USA, Authentix, Inc. has offices in the North America, Europe, Middle East, Asia, and Africa serving clients worldwide. For more information, visit https://www.authentix.com.

About ARMOR-IIMAK
ARMOR-IIMAK, an ARMOR Group company, designs and manufactures nearly 2.5 billion square meters of Thermal Transfer ribbons each year, dedicated to printing variable data on labels and flexible packaging for product identification and traceability. With 1,500 employees, ARMOR-IIMAK is the world leader in its sector and benefits from international industrial coverage thanks to its three coating sites (America, Asia, Europe) and some 20 slitting sites. www.armor-iimak.us

For more information, visit our website or e-mail info@Authentix.com to learn more.
Media Contact: Kent Mansfield, Chief Sales and Marketing Officer at kent.mansfield@authentix.com

Royal Joh. Enschedé Announces New Collectible Banknote and Augmented Reality Experience Honoring Football Legend Dennis Bergkamp

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HAARLEM, The Netherlands 13 December, 2023 – Royal Joh. Enschedé, an Authentix company and world-renowned security printer, in association with The Global Note B.V., announces the launch of the Golden Bergkamp commemorative banknote in honor of football legend Dennis Bergkamp. This collectible note celebrates the legendary goal scored by Bergkamp during the quarter-final match between the Netherlands and Argentina in the 1998 World Cup.

The unique golden laced banknote styled collectible, offered in a limited edition by The Global Note™, contains many unique features including 23 carat gold and sophisticated microtext. The collectible note was designed and printed by Royal Joh. Enschedé, a printer for central bank currency for over 200 years and is only available on www.theglobalnote.com. For fans and football enthusiasts, a special edition in signature colors for Dutch national teams is also available.

Although not legal tender, it carries most of the security features and printing techniques used in printed currency and creates a gateway to the private world of Dennis Bergkamp. The collectible note also delivers augmented reality features and proprietary access to the “Dennis Bergkamp Experience” when using the provided mobile app. This allows users to interact directly with their smartphone to gain a virtual and visual experience where Dennis takes viewers on a personal journey sharing his stories and experiences from his time as a footballer. This limited-edition collector’s note comes with a digital twin allowing the owner to ‘mint’ the note in their digital wallet through the Ciphers.me platform. By owning the digital counterpart in the metaverse noteholders build their collections and trade with others.

“The unveiling of this exclusive commemorative note is a testament to Bergkamp’s lasting legacy in sport,” said Rob Jansen, Dennis Bergkamp’s manager.

Gelmer Leibbrandt, Royal Joh. Enschede’s Managing Director, commented, “For over 200 years, we have printed banknotes for central banks worldwide. However, with the Dennis Bergkamp note, we have entered a new chapter by blending the physical craftsmanship required for currency printing with cutting edge digital technology for the collectors and sports enthusiast market. We are extremely proud to produce this unique and rare collectible item.”

About Royal Joh. Enschedé
For over three centuries, Royal Joh. Enschedé has been a symbol of global values with a heritage dating back to 1703. With 320 years of experience and innovation in printing, it is one of the oldest and most respected banknote producers in the world. Its commitment to security ensures that its products are resistant to counterfeiting, making it one of the few companies in the world entrusted with producing authentic and secure financial instruments. Royal Joh. Enschedé is part of Authentix, the authority in authentication. For more information about Royal Joh. Enschedé, visit www.joh-enschede.nl

About The Global Note
Pioneers in the printing of licensed banknotes, we connect unique people with exclusive banknotes that are integrated into the metaverse. Our bespoke marketing strategies include the printing of exclusive collectible banknotes, combined with advanced augmented reality features, a dedicated app and a digital equivalent in the metaverse. With its banknotes, The Global Note succeeds in seamlessly connecting the physical and digital worlds. For more information about The Global Note, visit www.theglobalnote.com

CONTACT: Kent Mansfield, Chief Sales & Marketing Officer, kent.mansfield@authentix.com
A link to the press release can be found here.

Royal Joh. Enschedé, an Authentix Company, Launches First Crypto Stamp for Deutsche Post AG on Ciphers.me Collecting Platform

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November 7, 2023 – Ciphers.me, a collecting platform and collaboration between Royal Joh. Enschedé, an Authentix company and world-renowned security printer, and ProxID, a Web3 business solutions company, announced the launch of its first ever secure, international crypto stamp issued for Deutsche Post AG, the postal organization of Germany. Royal Joh. Enschedé prints the stamps and provides the functionality of the Ciphers.me platform as a full-service solution. On this new collecting platform, consumers can combine their passion for stamps or other collectibles with cutting-edge technology.

Crypto stamps are the combination of physical postage stamps and their digital image, combined with a Non-Fungible Token (NFT). Every NFT of a crypto stamp is unique and can be securely owned, collected, and traded worldwide on the secure and user oriented Ciphers.me platform.

“We are proud to have Deutsche Post AG as our first customer of the Ciphers.me platform.” said Gelmer Leibbrandt, Managing Director of Royal Joh. Enschedé. “They have recognized the opportunity of crypto stamps enabling the creation of digital collectibles and the engagement opportunities for postal organisations. The choice of Deutsche Post AG for this platform is a testament to the quality and trustworthiness of our solutions.”

“Crypto stamps build a new bridge between the traditional world of philately and the digital collector’s world, making them a relevant addition to our portfolio.” says Bernd Meyer, Vice President Franking at Deutsche Post AG. “We’ve added an AI-generated motive of the Berlin’s iconic Brandenburger Tor in our first stamp, offering a fresh perspective on a historical landmark, seamlessly blending the old with the new.”

“As the world of NFTs is reaching adulthood, we wanted to participate in a new and fresh way and connect people worldwide” says Marinus Kreuze, one of the founders of Ciphers.me. “Our platform is designed to make the process of collecting, sharing, minting, and trading NFTs accessible and secure for everyone, from individual collectors to large organisations.”

For more information on the ciphers.me platform, visit: https://ciphers.me/en

For more information on the Deutsche Post crypto stamps, visit: https://www.deutschepost.de/de/k/kryptomarke.html

COO Kristi Browne Named in “Top 10 Empowering Women Leaders, 2023” by CIO Views Magazine

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August 2, 2023 – Authentix Chief Operating Officer, Kristi Browne, was selected as one of the “Top 10 Empowering Women Leaders, 2023” by CIO Views Magazine, a news publication focused on business insights, technology, and innovations, along with informative reads from inspiring and successful business leaders.

Browne was featured as the July 2023 cover story and shares her background, experiences, and unorthodox 21-year journey with Authentix. Browne was appointed as COO for Authentix in 2021, having previously served as Senior Vice President of Global Services. Browne is responsible for logistics and production, management of the commercial brand protection business, and heads Authentix’s digital transformation initiatives.

Kevin McKenna, Chief Executive Officer, stated “This recognition is well deserved. Kristi’s detailed understanding of our business has put her in a unique leadership position because of the many years she has successfully led different areas of the organization. She understands the science, the customer base, and is one of our best problem solvers.”

Read the full story here.

Authentix® Completes Development of the Banknote Industry’s First CDI2 Compliant Detector

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ADDISON, Texas, May 12, 2023 — Authentix, the authority in authentication and information services, announced that it is in commercial production of the world’s first CDI2 compliant banknote detectors including GemVision™ , a CDI2 compliant fitness solution for the determination of banknote quality. The Common Detector Interface 2 (CDI2) is a banknote sorting machine and detector standard jointly established by the U.S. Federal Reserve and European Central Bank. The new CDI2 banknote sorting machine and detectors platform will provide unprecedented accuracy and speed for feature detection and fitness assessment of banknotes. Suspect banknotes and those not meeting fitness standards will be sorted for additional inspection or destruction, respectively.

In 2018, the Federal Reserve Bank of San Francisco, on behalf of what is now Federal Reserve Financial Services, contracted with Authentix to design, develop, and manufacture CDI2 compliant detectors, including a Camera System and Fitness solution, some of which have now moved into commercial manufacturing. Authentix, along with its primary development partner, Boulder Imaging, Inc., a Colorado based company specializing in machine vision and inspection solutions, has delivered the project on schedule and is looking forward to deployment of the GemVision™ technology in all of the Fed’s cash processing centers throughout the United States.

This new CDI2 banknote detector standard provides unprecedented access to banknote data and images acquired during high-speed banknote processing. This is significant to Federal Reserve Financial Services as it will help to reduce the number of notes taken out of circulation prematurely. More intelligent banknote processing simultaneously reduces the cost of cash as well as its carbon footprint. The CDI2 standard also makes it easier for Central Banks to optimize processing environments by selecting their detectors from multiple suppliers. The new standard is further projected to be adopted industry wide by most Central Banks over the next several years and will provide far greater control for the processing of banknotes and make it easier to select best in breed detection platforms in the future. Additional capabilities of the CDI2 compliant detectors from Authentix will increase the efficiency of banknote processing and extend the life of notes in circulation by making more intelligent sorting decisions regarding banknote authenticity and fitness.

About Authentix
As the authority in authentication solutions, Authentix brings enhanced visibility and traceability to today’s complex global supply chains. For over 25 years, Authentix has provided clients with physical and software-enabled solutions to detect, mitigate, and prevent counterfeiting and other illicit trading activity for currency, excise taxable goods, and branded consumer products. Through a proven partnership model and sector expertise, clients experience custom solution design, rapid implementation, consumer engagement, and complete program management to ensure product safety, revenue protection, and consumer trust for the best-known global brands on the market. Headquartered in Addison, Texas USA, Authentix, Inc. has offices in the North America, Europe, Middle East, Asia, and Africa serving clients worldwide. For more information, visit https://www.authentix.com. Authentix® is a registered trademark of Authentix, Inc.

About Boulder Imaging
Formed in 1995 with the launch of its proprietary HPDVR technology Quazar, Boulder Imaging later released its Vision Inspector suite of machine vision software. Vision Inspector is now utilized 24/7 in a multitude of industries and environments to provide machine vision inspection solutions for precision applications. Boulder Imaging offers a growing suite of integrated systems and software by leveraging machine vision technologies perfected for the defense, aerospace and industrial products industries. Boulder Imaging’s inspection technology provides revealing visual data for a multitude of clients, from the manufacturing lines of flooring and ceiling tile producers, the precision printing of banknotes, and rugged wind farm environments.

CONTACT: Kent Mansfield, Chief Sales & Marketing Officer, kent.mansfield@authentix.com

A link to the press release can be found here: Authentix® Completes Development of the Banknote Industry’s First CDI2 Compliant Detector

Tax Stamp & Traceability News Interviews CTO Tim Driscoll

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May 9, 2023 – Authentix Chief Technology Officer Tim Driscoll was featured in the April 2023 issue of Tax Stamp & Traceability News. In the interview, Driscoll shares his experiences, current and future predictions for change, and the role Authentix plays in within the tax stamp industry.

Read the full article here.

Authentix Named 2023 Top 10 Multi-Factor Authentication Solutions Provider

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April 27, 2023 – Authentix, the authority in authentication and information services, has been named a Top 10 Multi-Factor Authentication Solutions Provider for 2023 by GRC Outlook Magazine. Kevin McKenna, CEO of Authentix, is featured in the article.

According to GRC Outlook Magazine, multifactor authentication (MFA) has become an essential tool for protecting sensitive information in today’s digital age with organizations continuously looking for new ways to enhance security protocols. Authentix is a unique contributor in this category because its multi-layered and multifactor authentication solutions tie together the credentialing of physical items, user credentials, and item movement tracking. In this instance, by building a database of relational transaction events that see each subsequent transaction in relation to the characteristics of multiple preceding logged events, Authentix’ machine learning algorithms can detect suspect events that need escalation and review by product owners for potential counterfeit or diverted products.

Authentix was also highlighted for its capabilities to bring the physical and digital world together, using both covert and overt security features to allow unique discoveries of product compromise issues only detectable by its clients using proprietary systems. These technologies working together can close the loop, bring visibility to supply chain blind spots, and provide rapid, multilayered authentication detection to connect the consumer, the product brand owner, and third-party suppliers. The technology can also enable product journey tracking and direct interaction between manufacturers and consumers for unique marketing experiences and detection of purchasing trends.

Read the full article from the April issue of GRC Outlook Magazine here.

The Industry View Magazine names Authentix a Top 10 Anti Counterfeit Packaging Solutions Provider for 2023

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April 26, 2023 – Authentix, the authority in authentication solutions and information services, has been named as a 2023 Top 10 Anti Counterfeit Packaging Solutions Provider by The Industry View Magazine, a leading Manufacturing and Engineering magazine providing recognition to industries and people achieving the highest standard in their area of expertise.

In this special edition, Authentix is highlighted regarding its advanced security features for packaging technologies to address the growing problem of product counterfeiting and diversion. In the article, Kent Mansfield – Chief Sales and Marketing Officer, also provides his unique insights and perspective about Authentix.

Read the full article here.

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