DSS Plastics Group Expands Market Share in Enhanced Tribal Identification Cards
July 15 2016 - 8:43AM
Marketwired
DSS Plastics Group Expands Market Share in Enhanced Tribal
Identification Cards
Suquamish Tribe Chooses DSS for Card Production
ROCHESTER, NY-(Marketwired - Jul 15, 2016) - Document Security
Systems, Inc. (NYSE MKT: DSS), (DSS), a leader in
anti-counterfeiting and authentication solutions today announced it
has added the Suquamish tribe in Washington state as a customer for
its Enhanced Tribal Identification Card (ETC) product. ETCs are
secure identification cards issued by Native American governing
bodies as part of the Western Hemisphere Travel Initiative
(WHTI.)
The addition of the Suquamish tribe increases DSS' market share
in ETCs. The company was the first to produce ETCs and, with this
latest addition, DSS Plastics Group now produces the identification
cards for seven Native American governing bodies.
"After evaluating vendors for over two years, DSS offered us an
exceptional ETC product which met all of WHTI's security
requirements," said Janis Contraro, Administrative Program Manager
Fisheries Department/Enrollment Office of the Suquamish tribe. "DSS
was very helpful in meeting our needs and easy to work with."
The Western Hemisphere Travel Initiative was mandated by the
U.S. Congress as part of the Intelligence Reform and Terrorism
Prevention Act of 2004. WHTI establishes document requirements for
travel by land or sea into the United States from Canada, Mexico,
the Caribbean and Bermuda.
"We moved aggressively into the ETC market including investments
in new equipment so we could produce the cards," said Mike Caulley,
President of DSS Plastics, "as a result, we have outpaced the
competition and won new customers. This is a growth market and we
are well positioned to be the leading supplier."
DSS Plastics is in discussion with several other Native American
tribes seeking to issue ETCs to their members. More information on
DSS ETC offerings can be found at
http://enhancedtribalcard.com/.
About Document Security Systems, Inc.
Document Security Systems, Inc.'s (NYSE MKT: DSS) products and
solutions are used by governments, corporations and financial
institutions to defeat fraud and to protect brands and digital
information from the expanding world-wide counterfeiting problem.
DSS technologies help ensure the authenticity of both digital and
physical financial instruments, identification documents, sensitive
publications, brand packaging and websites.
DSS continually invests in research and development to meet the
ever-changing security needs of its clients and offers licensing of
its patented technologies. For more information on the
AuthentiGuard Suite, please visit www.authentiguard.com. For more
information on DSS and its subsidiaries, please visit
www.dsssecure.com.
Forward-Looking Statements
Forward-looking statements that may be contained in this press
release, including, without limitation, statements related to the
Company's plans, strategies, objectives, expectations, potential
value, intentions and adequacy of resources, are made pursuant to
the safe harbor provisions of the Private Securities Litigation
Reform Act and contain words such as "believes," "anticipates,"
"expects," "plans," "intends" and similar words and phrases. These
forwardlooking statements are subject to risks and uncertainties
that could cause actual results to differ materially from the
results projected in any forward-looking statement. In addition to
the factors specifically noted in the forward-looking statements,
other important factors, risks and uncertainties that could result
in those differences include, but are not limited to, the outcomes
of any of the Company's litigation, its ability to raise capital,
and those risks and uncertainties disclosed in the "Risk Factors"
section of the Company's Annual Report on Form 10-K for the year
ended December 31, 2015, filed with the Securities and Exchange
Commission. Forwardlooking statements that may be contained in this
press release are being made as of the date of its release, and the
Company assumes no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those projected in the forwardlooking statements.
For More InformationInvestor RelationsDocument Security Systems,
Inc.(585) 325-3610Email: ir@documentsecurity.com
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