Category: News & Updates

Authentix® Appoints Tim Driscoll as Chief Technology Officer

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Author: Kathryn Olivier

ADDISON, Texas, December 5, 2022 — Authentix, the authority in authentication and information services, announces today that Tim Driscoll, PhD, has been appointed as Chief Technology Officer.

Dr. Driscoll previously served as Senior Vice President and General Manager for the Authentix Currency & Tax Stamp businesses where he provided strategic direction and worked closely with central banks, governments, and key partners supporting strong growth in these markets over the last several years. In Driscoll’s new role as CTO, he will direct all research, innovation, and new product development.

Driscoll joined Authentix in 2005 as a Vice President of Global Operations and advanced to an executive role and a key leader for the company. Kevin McKenna, Chief Executive Officer, commented “Tim Driscoll has been a key contributor to the success of Authentix for many years. I’m confident in his range of capabilities to lead the research and development teams and continue our growth in innovation and advanced technology offerings with our expanding client base well into the future.”

Driscoll holds a Ph.D. and Masters degree in Physics from Brown University and a B.S. in Physics from Rensselaer Polytechnic Institute. Dr. Driscoll conducted his post-doctoral studies at L’Ecole Polytechnique in Palaiseau, France.

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 North America, Africa, Asia, Europe, and Middle East, serving clients worldwide. For more information, visit https://www.authentix.com. Authentix® is a registered trademark of Authentix, Inc.

Authentix Supports Pakistan Flood Recovery Efforts

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Author: Andree Bourgeois

The floodwaters that have ripped through Pakistan since mid-June has left a third of the country underwater and more than 1,300 people killed. Pakistan’s government has reported that approximately 33 million people have been affected by the extreme weather and over $10 billion in damages has been incurred thus far.

Officials have concluded that human-made climate change is linked to the ‘monster monsoon’ and have described it as a ‘climate-induced humanitarian disaster of epic proportions.’ Floodwaters have also swept away homes, crops, and roads and bridges, as weeks of historic rains fueled deadly flash floods.

Although rains have stopped and floodwaters in some areas are receding, many parts of the country are still underwater, and Pakistan remains in dire need of urgent aid. Guided by its core operating principles and social responsibilities, Authentix is committed to helping the community of Pakistan and has made a USD10,000 donation to Al- Khidmat Foundation to support flood recovery efforts.

Zafar Masood, the General Manager of Authentix-Pakistan stated “This is an unprecedented and devastating disaster for the people of Pakistan. We appreciate organizations like the Al-Khidmat Foundation who mobilize during times like these and provide humanitarian assistance and bring relief to the many lives affected by this tragedy.”

The Al-Khidmat Foundation is a leading, non-profit, value-based organization, fully dedicated to humanitarian services for the people of Pakistan since 1990. From day one, Al Khidmat Foundation Pakistan disaster response teams have been on the ground across flood affected areas, rescuing lives and livelihood and providing relief assistance including cooked food, dry ration packs, tents, medical aid and other non- food essential items.

Authentix Partners with Safetytech Accelerator and Lloyd’s Register Maritime Decarbonisation Hub in Green Fuel Assurance Initiative

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Author: Andree Bourgeois

August 23, 2022 – Authentix has been selected to partner with Safetytech Accelerator and Lloyd’s Register Maritime Decarbonisation Hub in a feasibility study on the assurance of green fuel in the maritime industry.

Recognizing the need for the global maritime industry to transition to fuels with lower greenhouse gas emissions such as green ammonia and hydrogen, Safetytech Accelerator and Lloyd’s Register Maritime Decarbonisation Hub identified approximately 30 companies with technologies that could play a role in assuring the well-to-tank supply chain for green fuels. After a final vetting process, Authentix and TYMLEZ were selected for the partnership.

Authentix Vice President Jim Seely commented on the partnership, “Authentix is excited to be selected as a key partner for this important project for the Maritime industry to reach its goals of overall reduction in carbon emissions. As these innovative green fuel sources are utilized, it will provide a substantial impact towards that cause. We will endeavor to be on the cutting edge of technology development ensuring these new fuel sources can be properly verified and tracked by industry and government to prevent illicit trading and adulteration in the future.”

For more information about the feasibility study and the Authentix partnership, read the press release from Safetytech Accelerator.

Authentix, Inc. Signs Ten-Year Contract with Botswana Unified Revenue Service to Provide Marketplace Governance Program for Digital Marking and Tracking of Tobacco and Alcohol Products

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Author: Andree Bourgeois

Addison, Texas & Gaborone, Botswana—August 2, 2022—Authentix announced today it has signed a 10-year contract with the Botswana Unified Revenue Service (BURS) for a fiscal marking and digital tracking solution for tobacco and alcohol products sold in the country.  This digital tax stamp program is aimed at preventing illicit trade and counterfeits while also ensuring that citizens receive genuine and safe products.

The new digital track and trace system will boost tax revenue collections levied on manufacturers and importers by increasing industry compliance, reducing illicit trade, and preventing the underreporting of volumes.  The new contract covers the marking and digital tracking of an estimated 500 million product units per year.

Authentix TransAct™, a secure SaaS-based IT data platform, along with direct printing of secure, serialized digital product codes will combine to form the industry’s leading high security digital tracking and enforcement solution.  The system will reduce and deter fraudulent activities – protecting the public from the harmful effects of contraband and ensuring a level playing field for all legitimate industry stakeholders. The countrywide program will encompass implementation, training, technical support, hardware installation, ongoing maintenance, and program management provided by the Authentix-Botswana Operations Office.

Kevin McKenna, Chief Executive Officer of Authentix, commented “We are delighted that BURS selected and trusted us to implement and manage the country’s first and very important digital tracking solution for these products.  We look forward to working with BURS and implementing the program to help quickly realize the many benefits for the citizens of Botswana.”

Collaborating with governments around the globe, Authentix Marketplace Governance programs have helped ensure the authentication and traceability of products while recovering billions of dollars in tax revenue.

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 innovation, helping customers mitigate risks, grow revenue, and gain competitive advantage.  Headquartered in Addison, Texas USA, Authentix, Inc. has offices in the US, UK, Saudi Arabia, Asia, and Africa serving clients worldwide. For more information, visit https://www.authentix.com. Authentix® is a registered trademark of Authentix, Inc.

NEWS FOR IMMEDIATE RELEASE
Media Contact:
Kent Mansfield
Chief Sales and Marketing Officer
kent.mansfield@authentix.com
 

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

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Author: Andree Bourgeois

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.

Authentix® UK Ranks #6 on York’s Top 100 Business List

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Author: Andree Bourgeois

ADDISON, Texas, 8 April 2022 — Authentix, the authority in authentication and information services, has been ranked sixth in York’s Top 100 Businesses in an annual report published by The Press in conjunction with its partners, York St John University and City of York Council.

Moving up in three years from 50th to now 6th in York’s Top 100 Business List, the York-based Authentix team is proud to be a part of this list of significant businesses that have remained committed to investing in the local York economy. According to York St John Business School, a custom algorithm takes into account performance indicators such as turnover, profit, size and growth to determine the businesses that are key contributors to York’s professional landscape.

“We are honored to be a thriving part of the York business community. Being recognized in the York Top 100 Business List is a testament to our continued rapid growth and moreover to the Authentix team and all of our employees worldwide who are focused on our clients and helping to create a world of confident commerce,” said Kent Mansfield, Chief Sales and Marketing Officer. “Being named in the top 10 of these 100 excellent companies for two consecutive years, is an honor and our team is motivated to continue our company’s strategic focus to expand our reach as a global organization while still being grounded to the local communities we serve.”

The top 100 businesses were featured in a special supplement publication that was distributed along with the April 5th issue of The Press. The top businesses who were honored gathered at the university to launch the issue, network, and toast to the diverse range of businesses in York.

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 brand owners, ensuring local economies grow, banknote security remains intact, and branded products have robust market opportunities. The Authentix partnership approach and proven sector expertise inspires proactive innovation, helping customers mitigate risks, promote revenue growth, and gain competitive advantage.

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.

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

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Author: Andree Bourgeois

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

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Author: Andree Bourgeois

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

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Author: Andree Bourgeois

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.

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Kristi Browne Appointed as Chief Operating Officer of Authentix®

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Author: Andree Bourgeois

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.

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