Document Security Systems, Inc. and Market Defense Launch AuthentiGuard® Security Paper
February 27 2020 - 9:09AM
Document Security Systems, Inc. (DSS) (NYSE American: DSS), a
leader in anti-counterfeit, authentication and diversion protection
technologies and Market Defense, LLC, today announced the launch of
the company’s AuthentiGuard® Security Paper to the general
market. The new product is now available on Amazon.com for
purchase.
AuthentiGuard Security Paper is designed to prevent fraudulent
copies and scans, offering eight layered features, ensuring that
certificates and documents cannot be tampered with or accurately
duplicated. DSS has developed the double-sided security
printing paper to be the most effective counterfeit deterrent paper
available, offering truly covert security features, including new
upgraded Pantograph Technology ("VOID" appears when copied), color
matching microtext basketweave, as well as an artificial watermark
on the reverse side of the sheet. The coin reactive watermark
on the reverse side of the sheet can be viewed at an angle or
become visible under a blacklight. Each package of AuthentiGuard
Security Paper contains a custom verification lens which can be
used to easily see the hidden words in the Pantograph on the
original document. It is compatible with laser and inkjet printers,
digital copiers and offset printing.
According to Global Industry Analysts, Inc., the current
worldwide market for security paper is expected to reach $6.2
billion by 2025. DSS AuthentiGuard Security Paper will help those
in this market protect their most important and confidential
documents.
The product is now available on Amazon.com via
https://www.amazon.com/dp/B083JJ3HX8 and
https://www.amazon.com/dp/B083JGB29J.
Jason Grady, DSS’s Chief Operating Officer, commented: “We
continue to lead the way in industry security technologies and are
very proud to now launch this game-changing product into the market
with our partner Market Defense. Making the product available
via Amazon is an important step in ensuring that multiple
industries have access to our security products, and we look
forward to continued innovation and distribution to market at
large.”
Vincent Lum, DSS Digital’s President, added, “AuthentiGuard
Security Paper is a first-in-industry print technology that ties
well to our first-in-industry Sentinel System, which provides
authentication of products to consumers as well as providing
tracking capabilities, powered by DSS AuthentiChain blockchain
technology. The application of this technology onto paper
allows the same level of security for documents as it does for
packaging products, establishing a new standard level in our
industry.”
“We are thrilled to be working with our partner DSS to launch
the AuthentiGuard Security Paper, which features the DSS Sentinel
system in the security marker. We are particularly pleased to
be able to offer it on Amazon, expanding the reach of Sentinel
technologies,” concluded Chad Ennis, CEO of Market Defense.
About Document Security Systems, Inc. (DSS)For
over 15 years, DSS has protected corporations, financial
institutions, and governments from sophisticated and costly fraud.
DSS' innovative anti-counterfeit, authentication, and brand
protection solutions are deployed to prevent attacks which threaten
products, digital presence, financial instruments, and
identification. AuthentiGuard®, the company's flagship product,
provides authentication capability through a smartphone application
so businesses can empower a wide range of employees, supply chain
personnel, and consumers to track their brands and verify
authenticity. For more information on DSS visit
http://www.dsssecure.com.
ABOUT MARKET DEFENSE, LLC Market Defense, based
in Ashville, NC specializes is protecting brands against online
diversion within the Amazon marketplace. The Company proven
experience returns confidence, control and margin back to its brand
partners through highly aligned solutions, insights and innovations
that are designed to fully manage the Amazon marketplace and
beyond. The Company’s expert solutions include online brand
protection, removal of unauthorized sellers, account and inventory
management, Amazon marketing strategies and data analysis.
For more information visit www.MarketDefense.com.
Investor Contact:Bret ShapiroCoreIR(516)
222-2560ir@dsssecure.com
Safe Harbor DisclosureThis press release
contains forward-looking statements that are made pursuant to the
safe harbor provisions within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Such forward-looking
statements include, but are not limited to, statements related to
the Company's ability to complete the financing, its intended use
of proceeds and other statements that are not historical facts.
Forward-looking statements are based on management’s current
expectations and are subject to risks and uncertainties that may
cause actual results or events to differ materially from those
projected. These risks and uncertainties, many of which are beyond
our control, include: the risk that the public offering of common
stock may not close; risks relating to our growth strategy; our
ability to obtain, perform under and maintain financing and
strategic agreements and relationships; risks relating to the
results of development activities; our ability to attract,
integrate and retain key personnel; our need for substantial
additional funds; patent and intellectual property matters;
competition; as well as other risks described in the section
entitled “Risk Factors” in the prospectus and in the section
entitled “Risk Factors” and elsewhere in our Annual Report on Form
10-K filed with the SEC on March 15, 2019 and in our other filings
with the SEC, including, without limitation, our reports on Forms
8-K and 10-Q, all of which can be obtained on the SEC website at
www.sec.gov. Readers are cautioned not to place undue reliance on
the forward-looking statements, which speak only as of the date on
which they are made and reflect management’s current estimates,
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obligation or undertaking to release publicly any updates or
revisions to any forward-looking statements contained herein to
reflect any change in our expectations or any changes in events,
conditions or circumstances on which any such statement is based,
except as required by law.
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