Category: News & Updates

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.

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.

“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.

###

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.

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.

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.

##