News and Announcements
YPB Group Ltd (ASX:YPB) Annual Update 2015; Raises $7.78m & Executes Multiple Partnership Agreements
- Published January 05, 2016 2:59PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
2015 Highlights:
- Raised $7.78m for acquisition and growth
- Commenced Supply of Anti-Counterfeit Solution to 2 Chinese National Banks
- YPB’s VariSec technology to be applied to 16.5 million ePassports
- Acquired nTouch and signed MoU to acquire Motif Micro Inc
- Selected to protect the entry permit of staff for Beijing’s Palace Museum
YPB was listed on the ASX in August 2014. YPB’s shares at IPO were .20c.
YPB means “Excellent Brand Protection” in Chinese. By 2015 the Global Counterfeit market will be US$1.7 Trillion, and US$14bn (growing at 20% pa) will be spent on Anti-counterfeit technologies per annum in Asia. YPB is the only Company licensed by CTAAC in China that sells invisible tracer solutions.
YPB’s patented tracer is Invisible, Indestructible and Inexpensive and our recurring revenue model generates up to 90% gross margin on sales.
Since IPO, YPB has signed significant revenue contracts, has acquired a USA based business named ‘Brand Reporter”, has amassed to date 7 Patents, has established distribution in China, Thailand, Indonesia, India, Australia and USA.