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Dotz secures US$100,000 sale from Swiss-based anti-counterfeiting company - TechInvest Magazine Online

Written by Tech Invest | Jan 14, 2019 2:28:15 PM

ASX-listed tech company Dotz Nano (DTZ) has received a commercial sale of its ValiDotz security-markers and InSpec detectors from a Swiss company offering integrated packaging solutions aimed at governing organisations.

Valued at US$100,000 (CHF 100,000), the sale follows extensive migration testing of Dotz’s anti-counterfeiting markers by the customer, which demonstrated ValiDotz’s accuracy and stability.

The Swiss company, which can’t be disclosed due to the nature of the anti-counterfeiting business, will integrate Dotz’s polymer-markers into the manufacturing of its safety-plastic solutions, and will use the company’s detectors. Further analytical tests will be conducted during first phase to optimise the usage of the solutions to this specific anti-counterfeiting project and others to follow.

Dotz’s ValiDotz molecular non-toxic markers feature multiple layers of security and can be verified in real-time with the company’s InSpec detectors.

Commenting on the sale, CEO of Dotz, Uzi Breier said:

This customer selected our solution from several competing offerings, which validates our high level of security, quality and effectiveness.

“The ability to have a sole spectral signature, which can be assigned to an individual plastic unit, is paramount to preventing tampering hence maintaining the high security required by the customer.

“Significantly, the ability to integrate ValiDotz into the plastics manufacturing process opens the door to tagging plastic units in other industries like automotive parts, money notes, electronics, ID cards, toys, safety equipment, and pharmaceutical, to name a few. The global counterfeiting market is worth an estimated $2.2 trillion and we are confident our innovative non-toxic markers can be easily adopted by these industries.

“This is a great opportunity to demonstrate that our markers are an operative anti-counterfeiting measure as they penetrate directly into the polymers of the plastic without affecting the appearance or properties of the tagged product. As our markers can be cost-effectively added to existing manufacturing processes of plastic packaging, we expect this sale will be the first of many into the vast plastics industry.”