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CODEIFAI LIMITED — Regulatory Filings 2015
Feb 18, 2015
64630_rns_2015-02-18_20b528e0-6acb-4fc8-a9bb-9c21677020e2.pdf
Regulatory Filings
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ASX: YPB
ASX/MEDIA ANNOUNCEMENT 19[th] February 2015
YPB commences supply of Government building security passes in China
Key points
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YPB and Ministry of Public Security First Research Institute Beijing Sandun Card Technology Co. Ltd. have commenced supply of YPB’s anti-counterfeit solutions to Government departments security passes within China
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Following successful trials in 2014, this is YPB’s first market application for government security passes
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Beijing Sandun Card Technology Co. Ltd.’s intention is to integrate YPB AntiCounterfeit solutions into its anti-counterfeit applications
The Board of Anti-counterfeiting technology Company YPB Group Limited (ASX: YPB) (YPB, the Company) is pleased to announce that it has entered into a supply contract with Ministry of Public Security First Research Institute Beijing Sandun Card Technology Co. Ltd. (Sandun Card) in the People’s Republic of China (PRC) for the provision of its anti-counterfeit invisible tracer products and scanners.
This represents another significant milestone for YPB in PRC. Under the agreement, YPB and Sandun Card have commenced supply of YPB’s invisible tracer anti-counterfeit technology to be incorporated into Chinese government issued security passes.
The specifics of this supply agreement are subject to strict confidentiality provisions as this relates to a high security Government building.
The agreement with Sandun Card comes after YPB and Sandun Card successfully completed testing and trials of YPB’s anti-counterfeit tracer and scanner solutions last year. The parties applied these anti-counterfeit products to the highest levels of Government issued security passes and identity cards and it has been seen to significantly enhance the effectiveness of the security passes.
YPB advises that it is now working closely with Sandun Card to expand its products to other applications including: driving license, vehicle license, government passes and smart card applications.
Sandun Card is an enterprise under the Ministry of Public Security First Research Institute. It is a high-tech enterprise integrating scientific research, production, sales and service. Its main business is R & D and manufacturing of security documents and printed security cards,
certificates and document for the Police, Procuratorate, Courts, the Chinese Armed Police Force, Army, and ministries.
YPB Executive Chairman and CEO Mr John Houston said:
“We are very pleased that our trials with Beijing Sandun Technology Co. Ltd. have resulted in the application of our invisible tracer technology for this government security project. YPB will continue to cooperate with Beijing Sandun Technology Co. Ltd. to provide further anticounterfeit solutions for it’s range of government security applications.”
For further information please contact;
Mr John Houston Mr Robert Whitton CEO Director and Company Secretary YPB Group Limited YPB Group Limited T: +61 458 401 088 T: +61418962212 E: [email protected] E: [email protected]
Media and Investor Inquiries Lead Manager James Moses Greg Wood Media and Investor Relations Managing Director Mandate Corporate KS Capital T: +61 420 991 574 T: +61 416 076 377 E: [email protected] E: [email protected]
About YPB Group
YPB Group (ASX: YPB) in Chinese means “you pin bao” or in English “excellent brand protection” and is an anticounterfeiting technology developer and provider. YPB has a unique, cost effective, invisible and indestructible anti-counterfeit solution that allows companies and governments to protect the value of their brands and minimise loss of earnings from counterfeiting. YPB and is certified and licensed in The People’s Republic of China.
YPB Group’s core products include;
Covert Forensic Tracers – Patented, these are hidden, invisible particles fused into a product or packaging during or after the manufacture process. The Tracers are inexpensive can be used in all key product manufacturing and packaging industries including plastics, paper, inks, textiles and coatings. They cannot be seen or removed, are non-toxic and meet Food Contact specifications. They consist of infrared, UV light energy and X-ray sensitive particles detectable by YPB’s scanner technology.
YPB owns two patents over its Tracer products and is the only Company currently licensed in China that supplies invisible tracers.
Scanner – YPB’s proprietary scanner detects YPB’s forensic Tracers, they are low cost and can be used at any point in the supply chain – from manufacture through to point-of-sale.
Brand Reporter – A Patent Pending technology platform designed for Governments, Brands and consumers to identify, manage, track and report counterfeit of divergent products within supply chains or at point of sale in a simple and easily deployed application suite available on all popular smartphones.