Multi-Billion Dollar Worldwide Consumer Products Company Selects Document Security Systems RFID Solution
Document Security Systems' New RFID Software System Selected for Visitor Management Application
ROCHESTER, N.Y., April 26, 2012 /PRNewswire/ -- Document Security Systems, Inc. (NYSE Amex: DSS; "DSS"), a leading developer and integrator of cloud computing data security, Radio Frequency Identification ("RFID") systems and security printing technologies which prevent counterfeiting and brand fraud, reported today that its DSS Plastics Group located in Brisbane, California, has received a purchase order for the first installation of its newly developed RFID Visitor Credential Management System from a large, international consumer goods company.
DSS's new Visitor Credential Management Software System automates visitor and personnel management with embedded RFID secure credentials manufactured by DSS Plastics Group. The secure credentials, software and associated device hardware provide more efficient and secure throughput of check in and out of hundreds of daily visitors and tracking of visitors throughout a facility. This particular system can be configured for use at sporting events, trade shows, concerts, corporations, secure facilities, government campuses or any installations where better management and awareness of guests in a building or campus provides is demanded.
Patrick White, CEO stated: "The amount of intelligence data gathered by our new software system is extremely valuable to the end user for productivity enhancement as well as marketing and security intelligence. The fact that a client of this magnitude will be the first in the world to install the system speaks volumes of its potential for DSS."
The purchase order received by DSS is for the first installation of the new system at one location for this particular international company with potential for up to 48 additional installations at locations world-wide in 2012 and beyond.
About DSS (Document Security Systems, Inc.):
DSS provides counterfeit prevention, RFID tracking and comprehensive brand and digital information protection solutions to corporations, governments, and financial institutions around the world. DSS develops and manufactures secure printed products such as labels, packaging, ID Cards, RFID Cards and tags and documents using their AuthentiGuard line of patented optical deterrent and authentication technologies. The company also provides cloud computing security services, writes custom software solutions, and integrates track and trace technologies.
DSS is comprised of four operating units:
DSS Plastics Group – Custom RFID and Plastic ID Card Solutions (Brisbane, CA) PH: 1-415-585-9600
DSS Packaging Group – Commercial and Secure Packaging Manufacturing (Victor, NY) PH: 585-924-8760
DSS Printing Group – Commercial and Security Printing Manufacturing (Rochester, NY) PH: 585-341-3100
DSS Digital Group – Cloud Computing Services and Secure Digital/Internet Documents (Rochester, NY) PH: 585-746-6958
For more information on DSS and its subsidiaries, please visit DSSsecure.com.
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Safe Harbor Statement
The statements contained in this press release that are not purely historical are forward-looking statements 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, and are intended to be covered by the safe harbors created thereby. These forward-looking statements include, but are not limited to, statements regarding expectations for future financial performance, potential sales from new and existing customers, expected benefits from the Company's cost cutting efforts and/or statements preceded by, followed by or that include the words "believes," "could," "expects," "anticipates," "estimates," "intends," "plans," "projects," "seeks," or similar expressions, all of which involve uncertainty and risk. Many of these risks and uncertainties are discussed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2010 filed with the Securities and Exchange Commission (the "SEC"), and in any subsequent reports filed with the SEC, all of which are available at the SEC's website at www.sec.gov. It is possible the company's future financial performance may differ from expectations due to a variety of factors including, but not limited to, the risks referred to above, and changes in economic and business conditions in the world, increased competitive activity, achieving sales levels to fulfill revenue expectations, consolidation among its competitors and customers, technology advancements, unexpected costs and charges, adequate funding for plans, changes in interest and foreign exchange rates, regulatory and other approvals and failure to implement all plans, for whatever reason. It is not possible to foresee or identify all such factors. Any forward-looking statements in this report are based on current conditions; expected future developments and other factors it believes are appropriate in the circumstances. Prospective investors are cautioned that such statements are not a guarantee of future performance and actual results or developments may differ materially from those projected. The company makes no commitment to update any forward-looking statement included herein, or disclose any facts, events or circumstances that may affect the accuracy of any forward-looking statement.
SOURCE Document Security Systems, Inc.
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