Document Security Systems Signs Licensing Agreement with Nampak Flexible.Africa's Largest Packaging Printer ROCHESTER, N.Y. -- Document Security Systems, Inc. (AMEX AMEX See: American Stock Exchange : DMC DMC Devil May Cry (video game) DMC Detroit Medical Center DMC Darryl McDaniels (rapper) DMC Destination Management Company DMC Del Mar College (Corpus Christi, TX) ) ("DSS (1) (Digital Signature Standard) A National Security Administration standard for authenticating an electronic message. See RSA and digital signature. (2) (Digital Satellite S "), a leader in proven, patented protection against counterfeiting counterfeiting, manufacturing spurious coins, paper money, or evidences of governmental obligation (e.g., bonds) in the semblance of the true. There must be sufficient resemblance to the genuine article to deceive a person using ordinary caution. and unauthorized copying, scanning and photo imaging, announced today it has signed a licensing contract with Nampak Flexible, a division of Nampak Limited ("Nampak") and a leading flexible packaging manufacturer in South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. . The Company's first licensing agreement with a packaging business, the agreement is a royalty-based contract for one-year with automatic annual renewals for an additional four years. It includes DSS's AuthentiGuard[R] Suite of Technologies. Nampak Flexible has completed the testing and qualification of DSS's technology for a current customer, a large consumer products manufacturer, which is already commercially utilizing one of the licensed technologies. Africa's largest packaging company, Nampak offers total packaging solutions, across all technologies: paper, metal, plastic and glass. It manufactures its products from 126 operations in 19 countries around the world and exports to over 70 countries. Nampak Flexible supplies packaging materials to large multi-national companies, who export their leading global brand products around the world. It is heavily involved in packaging design for its customers' product and brand protection. Nampak Flexible supplies its innovative packaging across numerous markets, including household goods, pharmaceuticals, tobacco and beverages, snack foods A list of snack foods is shown below. For more information, see snack foods. List of snack foods Chips (Crisps)
DSS's representative and distributor, Pyrotec, a label and print manufacturer based in South Africa, was instrumental in forging the relationship between Nampak and DSS. Pyrotec has the marketing rights to manufacture and sell DSS's technology in the continent of Africa. Mr. Patrick White Noun 1. Patrick White - Australian writer (1912-1990) Patrick Victor Martindale White, White , Chairman, President and Chief Executive Officer, stated, "Counterfeiting is a lucrative business and manufacturers are highly concerned about brand theft and product liability. Nampak Flexible has recognized the power of our anti-counterfeiting technology to protect their client's products and brands. This partnership reinforces the breadth of applications for our technologies and our ability to broaden our market channels to increase our sources of revenue." About Document Security Systems, Inc. Document Security Systems, Inc. (AMEX: DMC) is a leader in proven patented protection against counterfeiting and unauthorized copying, scanning and photo imaging. The company offers a broad portfolio of anti-counterfeiting technologies, processes and products, and provides consulting for customized document security printing solutions. Its various anti-scanning technologies and products are used for currency, vital records, packaging, labels, tickets, ID Cards, passports and gift certificates. Document Security Systems' products, such as its new AuthentiGuard[TM] Security Paper, protect original documents from copying or duplication duplication /du·pli·ca·tion/ (doo-pli-ka´shun) 1. the act or process of doubling, or the state of being doubled. 2. . Its strategy is to become the world's leading producer of cutting-edge security technologies for printed products. More information about Document Security Systems can be found at its websites: www.documentsecurity.com and www.plasticprintingprofessionals.com. About Nampak Flexible Nampak Flexible, a division of Nampak Limited, is South Africa's leading flexible packaging manufacturer, offering an unparalleled range of flexible packaging options within South Africa and abroad. The Company exports to four continents including to leading global brands with world-class manufacturing standards. Nampak designs and develops total packaging solutions. Nampak manufacturers the most diverse range of packaging products in the world utilizing a wide-range of technologies that incorporate paper, plastic, metal and glass. More information can be found at its website at www.nampak.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. regarding expectations for future financial performance, which involve uncertainty and risk. It is possible the Company's future financial performance 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, achieving sales levels to fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. revenue expectations, consolidation among its competitors and customers, technology advancements, unexpected costs and charges, adequate funding for plans, changes in interest and foreign exchange rates, regulatory and other approvals and failure to implement all plans, for whatever reason. It is not possible to foresee fore·see tr.v. fore·saw , fore·seen , fore·see·ing, fore·sees To see or know beforehand: foresaw the rapid increase in unemployment. 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. |
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