WASHINGTON, April 11, 2013 /PRNewswire/ -- LaserLock Technologies, Inc. (OTCBB:LLTI), a global leader in providing state-of-the-art authentication solutions to governments, health care providers, high-end retailers and casinos today announced that it was naming Claudio Ballard, founder of DataTreasury Corporation and VEEDIMS, LLC, to its Board of Directors.
"Claudio joins us at an exciting time in LaserLock's history," said Michael Sonnenreich, Chairman of the Board. "He is the newest member of an already remarkable board and due to the depth of his experience he will prove invaluable as we chart the company's future."
The U.S. Business and Industry Council named Ballard "Inventor of the Year" in 2010 for his accomplishments in creating the Global Repository Platform, a patent-protected electronic transaction system that over 24 banks currently have licensed to process digital versions of checks and other financial instruments.
"LaserLock Technologies has developed cutting-edge solutions to the growing challenge of counterfeiting and identity fraud," said Ballard. "I have spent my career building commercial value around electronic identity validation and I am looking forward to utilizing my experiences at LaserLock."
Ballard joins General Peter Pace, former Chairman of the Joint Chiefs of Staff, Paul Wolfowitz, former President of the World Bank, Connie Harriman-Whitfield, former Director of the Export-Import Bank, Jonathan Weinberger, Executive Vice President of VEEDIMS and former Executive Secretary of the Treasury Department as well as Norman Gardner, LaserLock's founder, Neil Alpert, President of LaserLock Technologies and Michael Sonnenreich, whose career spans service in the U.S. government and the global pharmaceutical industry.
ABOUT LASERLOCK TECHNOLOGIES, INC.
LaserLock Technologies, Inc. based in Washington, D.C., is publicly traded on the OTC Market under the ticker symbol "LLTI". The Company markets security technology to protect governments, health care providers, high-end retail goods, the casino industry, documents and branded products from counterfeiting. To learn more, visit us at www.laserlocktech.com or follow us on Twitter @LaserLockTech.
Ann Marie Clements
Sage Communications (for LaserLock Technologies)
SOURCE LaserLock Technologies, Inc.