- YPB Group (YPB) launches MultiSec Shield to target the supply of government documents globally
- MultiSec Shield is a secure over-laminate product that protects high-value documents from counterfeit fby allowing authentication via smartphone scan
- It can be used to detect fake documents in various applications to detect the presence of an invisible tracer material
- Examples of use include ID cards, birth certificates, driver’s licences and vaccination records
- YPB is up a healthy 20 per cent on the market with shares trading at 0.6 cents at 1:19 pm AEDT
YPB Group (YPB) has launched MultiSec Shield to target the supply of government documents globally.
MultiSec Shield is a secure over-laminate product that protects high-value documents and physical media from counterfeit by allowing end-user authentication via smartphone scan.
It can be used to detect fake documents in various applications to detect the presence of an invisible tracer material.
Examples of use include ID cards, birth certificates, driver’s licences and vaccination records.
MultiSec integrates YPB’s proprietary MotifMicro1 solution with US Patent 11,138,612 for use the in high-value document authentication market.
Executive Chairman John Houston said it was a significant milestone for YPB. It follows research and feedback into what the company believes is a substantial potential market for use by government bodies and commercially oriented applications, such as warranty cards and identity documents.
“MultiSec Shield is a breakthrough product for YPB into the documentation authentication market,” Mr Houston commented.
“Its development has been market led, it solves a global problem, it has negligible barriers to adoption and it offers immediate implementation at marginal incremental costs.
“MultiSec Shield enables YPB to enter and demonstrate to potential customers the application of the product and is an important new product offering of the company.”
YPB was up a healthy 20 per cent on the market with shares trading at 0.6 cents at 1:19 pm AEDT.