C.A.S.H.Systems Establishes US Office; Advanced Low-Cost Counterfeit Detection Equipment Developed by International Leaders of the Security Printing Industry.Business Editors ATLANTA--(BUSINESS WIRE)--Oct. 21, 2003 CashSystems International S.A. of Lausanne, Switzerland announced the establishment of a business development initiative to set up distribution channels for its products in the US. CASH (Currency Authentication System The combination of authentication server and authenticator, which may be separate devices or both reside in the same unit such as an access point or network access server. The authentication server contains a database of user names, passwords and policies, and the authenticator physically Hardware) applies patented technology developed by experts in the security printing industry to address the growing problem of counterfeit for small businesses. "Sophisticated high value counterfeit pose a real problem for retail operations in the US." Said Joseph Vijay Kumar Vijay Kumar is an Indian Shooter. He won two gold medals in the Men's 25m Rapid Fire Pistol (Pairs) with Pemba Tamang & the Men's 25m Rapid Fire Pistol at the 2006 Commonwealth Games. Vijay Kumar Arjuna award Asian games medal , Managing Director, and founder of CashSystems. "The patented CASH device can be constantly updated to provide the utmost in protection across a broad range of US and international currencies." While the problem of counterfeit US currency is not widely publicized within the US, it is a well-recognized problem in other parts of the world. CASH brings over 30 years of international security printing and counterfeit detection expertise to the US market. Although it is not a routinely reported problem, the US Treasury states that $47.5 million in known counterfeit currency was passed on to the public in 2001, an increase of more than 20% from the previous year. This number is expected to continue to grow despite obvious anti-counterfeit measures incorporated in new US currencies. CashSystems devices will retail at prices from US$899. The patented CASH technology can also be integrated into point of sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) retail systems. CashSystems has contracted with Market Plan Engineering of Atlanta, Georgia to establish distribution channels and partnerships within the US. About CashSystems. CashSystems was originally established as Astral (language) Astral - A programming language based on Pascal, never implemented. ["ASTRAL: A Structured and Unified Approach to Database Design and Manipulation", T. Amble et al, in Proc of the Database Architecture Conf, Venice, June 1979]. Panorama Sdn. Bhd. in 1996. Its scope of activities includes: Banknote printing activities for central banks This is a list of central banks. Contents A B C D E F G H I J K L M N O P Q R S T U V W Y Z , electronics manufacturing This article presents a typical manufacturing process of an electronic assembly. Component manufacturing Components such as resistors, capacitors and integrated circuits are generally made by specialized contractors. , and software design and integration solutions for security. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion