SALT LAKE CITY, March 23, 2017 /PRNewswire/ --
Sports fans received good news on Monday, when the NFL announced the recovery of Tom Brady's game jersey worn in Super Bowl LI. Also retrieved in the investigation, was Brady's jersey from his Super Bowl XLIX victory.
Worth hundreds of thousands of dollars each, the NFL and FBI are working together to ensure the jerseys are authentic, before returning them to Brady and the Patriots.
Appiphany Technologies (OTCQB: APHD), offers state-of-the-art solutions to forensically tag sport jerseys and other such items, enabling rapid authentication.
For more than a decade, professional and junior teams, including the Canadian Olympic Men's and Women's Two time Olympic Gold Medal winners and teams, have relied on Appiphany's IP protection technologies to battle counterfeiting, pirating, and theft. The Game Worn Jerseys are often auctioned with proceeds going to charities.
Sports clothing is an estimated $14.1 billion market in the US, and officially-licensed clothing is often priced between $100 and $300 per item. High prices attract an active counterfeiting and pirating market, with similar unlicensed apparel selling for as little as $20.
Rob Sargent, CEO of Appiphany, stated, "Brady's high-profile case is just the latest reminder for brands to take IP protection seriously. Through IP Risk Control, we have an established track record of helping teams and major brands protect their assets amidst the onslaught of counterfeiting and pirating, that is plaguing global markets."
About Appiphany Technology Holdings Corp.
Appiphany Technologies (IP Risk Control) (http://www.ipriskcontrol.com) commenced operations in June of 2009. The scope of the business was based around the use of new technologies in the consumer market. Appiphany has now completely diversified its offerings, to deliver global 'best of breed' products and technologies to bring complete holistic solutions to combat the annual $1.7 trillion counterfeit and pirating of global goods, also diversifying its involvement in the various industries where technologies blend with entertainment. The evolution of the Company will be the expansion of our suite of products to include Brand Protection, Risk Management and Brand Integrity consultancy, Internet Monitoring, as well as support services that will augment our current core software creation.
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Appiphany's filings with the SEC, which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
SOURCE Appiphany Technology Holdings Corp.