Sure Trace Security's Chinese joint venture partner, True Product ID Technology, has officially opened a new facility composed of three separate labs designed to process and deliver the taggant utilized to mark the individual items in its anti-counterfeiting technology.
The company says three separate labs are used so that no one facility possesses the entire formulae. Each lab only handles a portion of the process for security reasons.
James MacKay, Chairman of SSTY, said: "We are very pleased to get these facilities online and ready to deliver. The overall cost of the labs was close to one million dollars, but the investment should be well worth it. Now that they are completed, we have the present ability to take and process orders in China according to our projected demand."
