Rochester Institute of Technology Approves Document Security Systems, Inc. Security Paper for Use on Hewlett Packard Indigo Digi
October 19 2009 - 3:09PM
PR Newswire (US)
RIT Testing Commissioned by Hewlett Packard Co. ROCHESTER, N.Y.,
Oct. 19 /PRNewswire-FirstCall/ -- Document Security Systems, Inc.
(NYSE Amex: DMC; "DSS"), a world leader in the development and
manufacturing of optical deterrent and authentication technologies
that help prevent counterfeiting and brand fraud reported today
that Rochester Institute of Technology (RIT) informed DSS in
writing that it completed its testing commissioned by Hewlett
Packard (NYSE: HPQ; "HP") of DSS AuthentiGuard DeterX(TM) Security
Paper. RIT approved AuthentiGuard DeterX(TM) Security Paper as it
scored the highest marks possible in several categories and is now
an approved "HP Indigo Certified Substrate". Patrick White, Chief
Executive Officer and President of Document Security Systems, Inc.,
stated, "We are very pleased with the test results. The timing
couldn't be better as the print market is moving fast towards
secure papers such as DeterX(TM) that prevent the worldwide
criminal epidemic known as, 'counterfeiting'. With this
certification, our DeterX(TM) Security Paper can now be sold
throughout the Hewlett Packard Indigo user client base. Our sales
and marketing people are already reaching out to HP Indigo users.
This particular paper prevents scanning and duplication and it can
therefore be used on HP Indigo digital presses to secure coupons,
event tickets, personalized prescription forms, gift certificates,
school transcripts, government permits, almost any document, paper
or plastic, requiring counterfeit prevention security." Michael
Caton, Chief Technology Officer of Document Security Systems, Inc.
stated: "The DeterX(TM) secure paper product is only the beginning
of our technological enhancements for the Hewlett Packard Indigo
system. We are also testing our AuthentiGuard Prism(TM) technology
on the HP Indigo with a client who is one of the largest printers
in the world. AuthentiGuard Prism(TM) is a patent pending
technology that hides variable alpha numeric data for
authentication purposes that cannot be copied or scanned. This
particular application is being tested for security labels for the
food and drug industry." David Wicker, SVP of DSS Research and
Development, worked with RIT on the testing process. A version of
the AuthentiGuard DeterX(TM) is being sold exclusively by DSS at
http://www.protectedpaper.com/. About Document Security Systems,
Inc Document Security Systems is a world leader in the development
of optical deterrent technologies that help prevent counterfeiting
and brand fraud from the use of the most advanced scanners, copiers
and imaging systems in the market. The company's patented and
patent-pending technologies protect valuable documents and printed
products from counterfeiters and identity thieves. Document
Security Systems' customers, which include international
governments, major corporations and world financial institutions,
use its covert and overt technologies to protect a number of
applications including, but not limited to, currency, vital
records, brand protection, ID Cards, internet commerce, passports
and gift certificates. Document Security Systems' strategy is to
become the world's leading producer of cutting-edge security
technologies for paper, plastic and electronically generated
printed assets. More information about Document Security Systems,
Inc. can be found at http://www.documentsecurity.com/ and
http://www.plasticprintingprofessionals.com/,
http://www.protectedpaper.com/, and http://www.dpirochester.com/.
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 the performance of our
AuthentiGuard DeterX(TM) paper line and the anticipated test
results of our AuthentiGuard Prism(TM) technology 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, 2008 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 http://www.sec.gov/. It is possible the Company's performance in
these matters may differ from expectations due to a variety of
factors including, but not limited to, changes in economic and
business conditions in the world, increased competitive activity,
consolidation among its competitors and customers, technology
advancements, unexpected costs and charges, adequate funding for
plans, 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. For information contact: Contact: Jody Jansen Company:
Document Security Systems, Inc. Title: Shareholder Relations Voice:
585-232-5440 DATASOURCE: Document Security Systems, Inc. CONTACT:
Jody Jansen, Document Security Systems, Inc., Shareholder
Relations, +1-585-232-5440 Web Site:
http://www.documentsecurity.com/
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