WASHINGTON, Sept. 19, 2013 /PRNewswire/ -- LaserLock Technologies (OTCBB: LLTI), a company involved in authenticating products and persons, announced today that it has made a sale of its SecureLight+™ technology to a promotions company to secure contest pieces.
"We are excited to announce that our state-of-the-art product SecureLight+™ will be incorporated into an exciting promotional product," said Neil Alpert, Chief Executive Officer.
SecureLight+™ is an exclusive, state-of-the-art security pigment that combines multiple levels of security to thwart counterfeiters. By taking advantage of green technology, SecureLight+TM has the ability to instantly change color under both CFL (Compact Fluorescent Lights) and LED light sources. Simultaneously embedded with SecureLight+™ is an additional safeguard that contains an upconverting IR feature and customizable digital signature that can only be read with a specifically tuned handheld device.
The Company is selling its SecureLight+™ technology to secure the game pieces of a nationwide contest, in order to ensure their authenticity and protect both LaserLock's client and participants from counterfeit pieces that threaten the contest's integrity.
"This represents one of just many uses of SecureLight+™," said Michael R. Sonnenreich, Chairman of the Board. "This technology is versatile and compatible in many industries threatened by counterfeiting due to its unique, simple and uncompromised security features."
It is LaserLock's policy not to disclose the identities of its clients.
ABOUT LASERLOCK TECHNOLOGIES, INC.
LaserLock is a high-tech solutions company in the field of authenticating products and people. It offers state of the art solutions to combat counterfeiting and identity fraud for governments, health care providers, the gaming industry, the financial services industry and high-end retailers.
The company authenticates products, government documents, and currency with a suite of proprietary security inks and digital solutions that have never been compromised, making them safer than other anti-counterfeiting technologies such as holograms. LaserLock's anti-counterfeiting solutions protect the reputation and bottom-line of governments and businesses around the world.
The company authenticates people by performs strong, multi-factor identity validation via a patented digital platform called VerifyMe™, which identifies an individual by requiring a shared secret (something you know), a physical token (something you have) and a biometric factor (something you are). The process takes less than five seconds and achieves military-grade authentication standards. As the world moves away from password-based authentication technology, LaserLock's VerifyMe™ platform offers a more secure and easier alternative for authenticating online identities.
Ann Marie Clements
Sage Communications (for LaserLock Technologies)
SOURCE LaserLock Technologies, Inc.