News and Announcements
YPB Solution for First World Economy ePassports
- Published October 19, 2015 10:44AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
19th October 2015, ASX Announcement
Highlights:
- YPB’s VariSec technology to be applied to 15 million ePassports
- Total contract value in 2015 approximately $600,000
- Potential for YPB technology to gain acceptance across many other economies
Anti-counterfeiting technology company YPB Group Limited (ASX: YPB), together with its production partner, has been contracted by a major first wold economy to supply sufficient of its propriety VariSec technology to apply to the 15 million ePassports it will be supplying during calendar 2016. With delivery to occur in December 2015.
The use of this technology will increase the number of ePassports containing YPB technology to more than 125 million globally.
To read the full announcement, please click here.
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