FT. LAUDERDALE, Fla., March 14 /PRNewswire-FirstCall/ -- InkSure
Technologies Inc. (OTC Bulletin Board: INKS), a developer of cutting-edge
covert encoded-ink authentication solutions, today announced that it has been
selected to present its proof-of-concept for the development of a new
"chipless" label technology for low-cost RFID (Radio Frequency Identification)
applications at the RFID Smart Labels USA 2006 Conference in Boston on
March 29, 2006. The Conference, which is being held at the Westin Hotel, runs
from March 27th through March 30th and is sponsored by IDTechEx, an
independent consultancy on RFID and printed electronics. Speakers from 14
countries in diverse market verticals will make presentations at the four-day
conference. InkSure will also present its technology development concepts at
the Master Class on RFID during the first day of the Conference.
"IDTechEx has forecast that the total market for RFID will grow from
$2.7 billion in 2006 to over $26 billion by the year 2016, and we look forward
to presenting our technology development concepts at the RFID Smart Labels USA
2006 Conference," stated Don Taylor, Vice President of Global Marketing at
InkSure Technologies Inc. Mr. Taylor will be the seminar speaker with a
presentation entitled "Presenting a New Chipless Label Technology for Low Cost
InkSure Technologies has been working for some time on "chipless" RFID
tags that permit "non-line-of-sight" collection of product information, which
would be suitable for a variety of applications, including authentication,
supply chain management, proof of ownership and life cycle information.
The Company also announced that it will host an investor presentation of
the RFID technology at 10:00 A.M. on Friday, March 31, 2006, at the offices of
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., Chrysler Center
(666 Third Avenue), New York City. Because seating is limited, persons
interested in attending the New York event should contact RJ Falkner &
Company, Inc., the Company's investor relations counsel, at (800) 377-9893 to
About InkSure Technologies, Inc.
InkSure Technologies Inc. specializes in comprehensive, covert security
solutions designed to protect high profile brands and documents of value from
counterfeiting, fraud and diversion. The Company's sales and marketing
activities target a number of market opportunities, including financial,
pharmaceutical, branded products, transportation, and
government/institutional, on a global scale. The Company's R&D activities
include the development of "chipless" RFID technology for affordable
item-level secure logistics and track-and-trace applications. The Company's
common stock is listed on the OTC Bulletin Board under the symbol "INKS".
Additional information on the Company is available on its website at
This press release contains certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Act of 1934, as amended, which are intended to be
covered by the safe harbors created thereby. Investors are cautioned that all
forward-looking statements involve risks and uncertainty. Although InkSure
(the "Company") believes that the assumptions underlying the forward-looking
statements contained herein are reasonable, any of the assumptions could be
inaccurate, and therefore, there can be no assurance that the forward-looking
statements included in this press release will prove to be accurate.
Important factors that could cause actual results to differ materially from
the forward-looking statements include the Company's need to obtain
substantial additional capital (through financings or otherwise) to fund its
operations, the progress of development, government and regulatory approvals
and licensing/commercialization of the Company's technologies, and other
factors noted in the Company's periodic report filings with the Securities and
Exchange Commission. In light of the significant uncertainties inherent in
the forward-looking statements included herein, the inclusion of such
information should not be regarded as a representation by the Company or any
other person that the objectives and plans of the Company will be achieved.
By making these forward-looking statements, the Company undertakes no
obligation to update these statements for revisions or changes after the date
of this release.
For further information, please contact:
James Assaf, CEO, U.S. Operations at +1-954-772-8507 or via e-mail at
RJ Falkner & Company, Inc., Investor Relations Counsel for InkSure
Technologies Inc. at +1-800-377-9893 or via e-mail at firstname.lastname@example.org
SOURCE InkSure Technologies, Inc.