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- Anti-counterfeit and consumer solutions provider YPB Group (YPB) secures its first Asian-based commercial trial for MotifMicro1 (MM1)
- The agreement is between YPB and Holographic Label (HLSB), which has been in the security printing industry for more than 20 years
- YPB will grant HLSB a licence to use MotifMicro1 on its security documents produced in Malaysia, and to market and sell the treated documents
- MotifMicro1 is YPB’s smartphone-readable anti-counterfeit technology that reads authentication marks on both flat and curved surfaces
- Shares in YPB are up 75 per cent on the market and are trading at 0.4 cents at 12:53 pm AEST
Anti-counterfeit and consumer solutions provider YPB Group (YPB) has secured its first Asian-based commercial trial for MotifMicro1 (MM1).
The agreement is between YPB and Holographic Label (HLSB) which has been in the security printing industry for more than 20 years.
HLSB is experienced in high volume solutions in the Southeast Asian security printing market, and has produced security materials for government and multinational clients.
The agreement will initially run for six months with either company able to extend it for a further three years by giving one month’s notice.
YPB will grant HLSB a licence to use MotifMicro1 on its security documents produced in Malaysia and to market and sell the treated documents.
MotifMicro1 is YPB’s multi-patented, high security, smartphone-readable, anti-counterfeit technology which is invisible to the naked eye.
It can read authentication marks on both flat and curved surfaces, making it accessible to a wide range of products.
Executive Chairman John Houston commented on the partnership.
“I’m pleased and encouraged by the enthusiastic feedback from our first Australian partner for our proprietary MotifMicro1 product and delighted to have secured a well-established and respected security partner in SE Asia for our second commercial trial,” Mr Houston said.
“I would also like to reiterate that I remain optimistic of securing further partners for further paid commercial trials.”
Shares in YPB were up 75 per cent on the market and were trading at 0.4 cents at 12:53 pm AEST.
