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 RFID Applications." 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 make reservations. 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 http://www.inksure.com. 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 firstname.lastname@example.org or RJ Falkner & Company, Inc., Investor Relations Counsel for InkSure Technologies Inc. at +1-800-377-9893 or via e-mail at email@example.com
SOURCE InkSure Technologies, Inc.