Spectra Systems Corporation Issuance of Patents
11 January 2017 - 6:00PM
RNS Non-Regulatory
TIDMSPSY
Spectra Systems Corporation
11 January 2017
Spectra Systems Corporation
("The Company" or "Spectra Systems")
Issuance of Patents
Spectra Systems, a leading supplier of authentication technology
for banknotes, brand authentication and tax stamps, is delighted to
report that it expanded its patent estate significantly in
2016.
During the year, the Company was either issued, granted or
received notices of allowance on an additional 26 patents in China
(two), Canada (two), USA (two), Georgia, Singapore, Spain and
seventeen countries which are part of the African Intellectual
Property Organization (OAPI). The patents cover new banknote and
products security features, banknote fitness, and banknote cleaning
technology. Issued patents are ones that received a number while
granted and notices of allowance are patents that have passed
review and will be issued shortly.
Dr. Nabil Lawandy, CEO of Spectra Systems, stated: "These
patents, and the protection of our intellectual property,
underscore the value of the intellectual and innovative component
of our products and the high margins they command in the
marketplace. These new patents bring our portfolio to nearly fifty
patents protecting the Company's current as well as future product
offerings."
Enquiries:
Spectra Systems Corporation
Dr. Nabil Lawandy, Chief Executive Officer Tel: +1 (0) 401 274 4700
WH Ireland Limited
Chris Fielding, Head of Corporate Finance Tel: +44 (0) 20 7220 1650
This information is provided by RNS
The company news service from the London Stock Exchange
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