Category: News & Updates

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

Posted on July 14, 2021 |

Author: Andree Bourgeois

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.

International Consortium Led by Authentix, Inc. Finalizes License Agreement to Implement Major Track and Trace System in Pakistan

Posted on March 10, 2021 |

Author: Andree Bourgeois

Addison, Texas & Gauteng, South Africa & Islamabad, Pakistan—March 10, 2021—The Consortium of Authentix, Inc., MITAS Corporation and AJCL Private Limited is pleased to announce it has finalized a license agreement with Federal Board of Revenue of Pakistan to implement a track and trace system for tobacco, cement, sugar and fertilizer. The license agreement covers an initial five (5) year term as well as a three (3) year extension option.

The scope of the system is to assist both domestic manufacturers and importers with the capability to apply secure and digitized tax stamps to each product of the above categories distributed in Pakistan. This system will provide for production monitoring, product movement control and product authentication via secure and non-intrusive technologies installed at manufacturing lines, dedicated hand-held equipment, smartphone applications, and multi-faceted security stamps. At anticipated industry product volumes, the total contract will cover an expected 6.5 billion consumer products per annum.

According to the World Bank, production and importation of products in Pakistan for the four industries involved are subject to widespread illicit trade practices such as smuggling, counterfeiting, and production volume underreporting resulting in up to an estimated 50% of the total volume of all goods sold in country. This illicit trade and lack of proper production reporting causes a massive loss of tax revenue for the Pakistan state budget. For illustration, a key industry source reports that in the segment of tobacco products alone, the amount of tax evasion adds up to over PKR77 billion (USD481 million) per year, which is over three times the amount currently allocated for annual federal government spending on healthcare.

Authentix Chief Executive Officer, Kevin McKenna, stated “On behalf of Authentix and our Consortium partners, we are pleased that the Federal Board of Revenue has finalized this license agreement with us and we look forward to implementing this advanced monitoring and enforcement system for the curtailment and remediation of illicit trade for the benefit of the Pakistan citizens and to create fair trade practices in the industries noted.”

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 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.

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

Authentix Announces Acquisition of Traceless® Authentication Group

Posted on October 1, 2020 |

Author: Andree Bourgeois

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.

Authentix Partners with Government Clients on Corporate Social Responsibility Initiatives in Africa

Posted on July 15, 2020 |

Author: Andree Bourgeois

ADDISON, Texas, July 15, 2020 – Authentix®, the authority in authentication solutions, shares positive results of continued client partnerships for Corporate Social Responsibility (CSR) initiatives. Through a long standing commitment to expand resources beyond standard business operations, Authentix has taken lead from its government partners to help deliver a lasting, positive impact on the lives of thousands in many communities in Africa.

According to Authentix’s CEO, Kevin McKenna, “As we continue to focus on CSR initiatives, our approach centers around listening, learning, and planning in close collaboration with leaders of important government agencies such as the Ministry of Energy, the Ministry of Finance, Energy Regulation Board, and countless others who seek to improve environmental and socioeconomic conditions for their citizens.” Below highlights some of the collaborative programs completed.

Zambia: Clean Water & Sanitation in Petauke
The Zambian government recognized the lack of access to clean and safe water for many in drought stricken rural regions. Through a partnership with the Zambia Energy Regulation Board (ERB), Authentix supported the rehabilitation of 30 water boreholes and the drilling of six new boreholes and pumping equipment in the Petauke district within the Eastern Province of Zambia. Improved outcomes for local citizens included:

Over 30,000 people with access to clean and safe drinking water.
Reduced the number of non-communicable diseases in the district.
Increased school class attendance as children now have nearby access to water sources.
Improved sanitation facilities at two schools serving thousands of students.

In this ongoing partnership with the ERB, Authentix is continuing the spirit of CSR in 2020 by working with a consortium of partners rehabilitating more than 200 additional water boreholes in the Petauke district. This project will help vastly improve access to clean and safe drinking water for over 80,000 people in the area.

Ghana: New Technology Laboratory in Kongo Senior Secondary School
The Ghana National Petroleum Authority (NPA) expressed a need to help the Kongo Senior Secondary School, the only high school in the area with over 2,200 students. Authentix collaborated with the NPA to provide the secondary school with 21 new, fully networked computers with Internet access and also enabled the installation of a reference library.

In collaboration with government clients on multiple continents, Authentix has helped make a significant social impact by addressing local needs in health, education, and the environment and will continue to focus available resources for these important CSR projects.

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.

###

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

Posted on March 27, 2020 |

Author: Andree Bourgeois

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.

Authentix® UK Named in This Year’s York Top 100 Business List

Posted on November 13, 2019 |

Author: Andree Bourgeois

ADDISON, Texas, November 14, 2019 — Authentix, the authority in authentication and information services is proud to be part of this year’s York Top 100 Business list. Moving up from 85 in 2018 to 50^th position is a testament to the hard work and dedication of the York, UK based team and all those who support them in delivering advanced authentication solutions.

As a joint effort ofYork Business School at York St. John University, Make It York and The Press, the York Top 100 Business List has been in publication for three years. This year’s process involved a thorough framework that included defined search parameters and a public financial reporting database software platform for data collection containing information on more than 11 million companies in the UK and Ireland.

The search and review process included companies within the City of York Council boundary and some postal codes adjacent to the city boundary. York Business School looked at elements such as turnover, balance sheet and/or shareholder funds, profit levels, growth rate over the past two years, and headcount.

“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 the commitment of the entire Authentix York team, and all of our employees who are focused on our clients and the communities we serve,” said Kent Mansfield, chief sales and marketing officer. “With our new position this year and being part of the top 50 Firms, our team is motivated to continue our company’s strategic focus to expand our reach as a global organization helping to create a world of confident commerce.”

About Authentix:

As the authority in authentication solutions, Authentix helps customers thrive in supply and distribution 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.

Authentix, Inc. has offices in 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® Welcomes Kent Mansfield to its Executive Team

Posted on April 24, 2019 |

Author: Andree Bourgeois

ADDISON, Texas, April 24, 2019 – Authentix, the authority in authentication solutions, welcomes Kent Mansfield as its Chief Sales and Marketing Officer.

Mansfield is responsible for strategically aligning Authentix solutions and expertise to key business unit operations to build and maintain our global brand and drive market development in key focus areas. In his role, Mansfield also oversees global sales and marketing for Government and Commercial Oil & Gas Programs and Brand Protection.

“Kent’s extensive background in the brand protection, security and technology industries, along with his expertise in sales, marketing, channel and product management, is extremely valuable toward helping Authentix provide advanced authentication solutions that enable customers to thrive in supply chain complexity.” states Kevin McKenna, CEO of Authentix.

He began his career in the commercial and investment banking sector before entering the security industry in 1995. He was part of the original executive team, which created Authentix from the merger of Isotag and Biocode in 2003. He has also served in executive roles with Ultrak, Smart Holograms, Boardroom Software, and TruTag Technologies.

Mansfield holds a Bachelor of Business Administration in Finance from Texas Tech University.

About Authentix:

As the authority in authentication solutions, Authentix helps customers thrive in supply and distribution 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 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.

Media Contact:
Sonyett Bailey
Senior Director, Corporate Marketing
sonyett.bailey@authentix.com

Authentix® Welcomes Jeff Bowers to its Executive Team

Posted on April 18, 2019 |

Author: Andree Bourgeois

ADDISON, Texas, April 18, 2019 – Authentix, the authority in authentication solutions, welcomes Jeff Bowers as Senior Vice President of Engineering.

In this new role, Bowers oversees all hardware and software development as well as the global engineering function. He brings more than 20 years of experience leading global development teams in full lifecycle product engineering and interfacing with customers to define, deliver and support solutions that meet current and emerging needs.

“The Engineering department at Authentix plays a critical role in advancing our technology products to accelerate our digital transformation and provide advanced authentication solutions to meet our customers’ evolving needs,” states Kevin McKenna, CEO of Authentix, adding that “We are thrilled to have Jeff on board to lead this charge.”

Prior to Authentix, Bowers spent 20 years with Giesecke+Devrient in various engineering and software solutions leadership roles. Bower’s career began at the Jonathan Corporation as the Engineering Manager.

Bowers earned his Master of Business Administration from Duke University – The Fuqua School of Business and a Bachelor of Science degree in Electrical Engineering from Ohio Northern University. Bowers lives in Dallas after recently relocating from Washington, DC.

About Authentix:

As the authority in authentication solutions, Authentix helps customers thrive in supply and distribution 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.

Media Contact:
Sonyett Bailey
Senior Director, Corporate Marketing
sonyett.bailey@authentix.com

Authentix® Announces Acquisition of Security Print Solutions Limited

Posted on April 3, 2019 |

Author: Andree Bourgeois

ADDISON, Texas, April 3, 2019 — Authentix, the authority in authentication and information services, announced that it has acquired Security Print Solutions Limited (“SPS”) through its United Kingdom based entity, Authentix Limited.

United Kingdom based SPS is an industry leader in providing high security print solutions to a broad base of global clientele. The company offers a highly diverse product portfolio including high security tax stamps and a host of security labels and other documents such as patented and multi-layered security technologies it deploys in its solutions. For over 30 years, SPS has been at the forefront of developing new and patented methods, combining innovation in print with new technologies and decades of craft.

“This strategic acquisition expands our portfolio of security technologies to grow our support in tax recovery programs for governments as well as increasing the scope of offerings for our brand protection clients,” stated Kevin McKenna, CEO of Authentix, adding “a key element of our growth plan includes integration of a high security printing operation into our organization and we can’t think of a higher quality candidate than SPS.”

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

About Security Print Solutions:

SPS is one of the world’s leading security print solution providers in the revenue recovery and brand protection domain. Originally the business produced tickets for major events and secure cheques. But over the years the business has increasingly focused on custom tailored secure documents (certificates and legal paperwork), brand protection, and tax & revenue protection solutions for governments in MEA.

About Authentix:

As the authority in authentication solutions, Authentix helps customers thrive in supply and distribution 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.

Media Contact:
Sonyett Bailey
Senior Director, Corporate Marketing
sonyett.bailey@authentix.com

Authentix Inc. Selected as 2018 Global Energy Awards Finalist

Posted on November 7, 2018 |

Author: Andree Bourgeois

Winners to be Recognized at December 6 New York Gala

NEW YORK (October 29, 2018) – Energy companies from 37 countries have been selected as finalists for the S&P Global Platts Global Energy Awards. The 2018 finalists were announced by program host S&P Global Platts, the leading global provider of energy and commodities information and spot market benchmarks.

Authentix^®, Inc., the authority in Authentication Solutions, is the sole provider of quantitative LPG marking technology in the world. Authentix partnered with Coral Gas Greece, to promise ensure brand protection of its Automotive Liquefied Petroleum Gas (LPG) using an the Authentix Assure™ Fuel Authentication and Product Quality Assurance Solution. The solution was nominated under two categories, the Award of Excellence – Downstream and the Commercial Technology of the Year Award. Authentix has been named a finalist in both categories.

Established in 1999 and often described as “the Oscars of the energy industry,” Global Energy Awards highlight corporate and individual innovation, leadership and superior performance in 19 categories that span the entire energy complex.

Coral Gas wished to ensure a complete quality and quantity control of its product at retail stations. wThrough aith the collaboration collaborative partnershipand support of Authentix, we proceeded to bring this to the market- which is a European first and a significant innovation. Authentix Inc. has enabled Coral Gas Greece, to be the only company in the European Union which canto offer this level of assurity to its customers.

Hundreds of energy industry representatives are expected to attend the 2018 Global Energy Awards black-tie dinner gala in New York City on December 6. The awards program will be emceed by CNBC Reporter Jackie DeAngelis.

About Authentix Inc.: As the authority in authentication solutions, Authentix helps customers thrive in supply and distribution chain complexity. We provide 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. Our 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, UAE, and Africa serving clients worldwide. For more information, email: info@authentix.com or visit our website: www.authentix.com

About S&P Global Platts: At S&P Global Platts, we provide the insights; you make better informed trading and business decisions with confidence. We’re the leading independent provider of information and benchmark prices for the commodities and energy markets. Customers in over 150 countries look to our expertise in news, pricing and analytics to deliver greater transparency and efficiency to markets. S&P Global Platts coverage includes oil and gas, power, petrochemicals, metals, agriculture and shipping.

S&P Global Platts is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit www.platts.com.

Media Contact:
Sonyett Bailey
Corporate Marketing Director, Authentix
Sonyett.Bailey@Authentix.com