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GLOBE RENEWS U.S. NOCOPI LICENSE; ACQUIRES CANADIAN RIGHTS

 GLOBE RENEWS U.S. NOCOPI LICENSE; ACQUIRES CANADIAN RIGHTS
 WAYNE, Pa., Nov. 10 /PRNewswire/ -- Nocopi Technologies Inc. today announced that Globe Ticket & Label Company has renewed its exclusive U.S. license for the Nocopi technology for a further year.
 The announcement was made by Norman A. Gardner, president and chief executive officer of Nocopi and David Hiatt, president of Globe.
 Globe, the largest ticket company in the United States, has also acquired the exclusive Canadian rights to the technology.
 "The counterfeiting of tickets is on the rise and the cost of color copier equipment is falling. This is a problem which is only going to get worse," said Hiatt.
 "The Nocopi technology is an inexpensive, easy-to-use technology which will benefit our customers," said Hiatt.
 "The renewed Globe agreement provides for a substantial increase in minimum royalties for the forthcoming year and we are very pleased that the technology is being used to stop counterfeiting," said Gardner.
 Nocopi Technologies, based in Wayne, is a publicly traded U.S. corporation which owns a patented technology to prevent photocopying and faxing of confidential information as well as a system to verify the originality of documents and of products.
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 /CONTACT: Norman A. Gardner, president and chief executive officer of Nocopi Technologies, 800-662-6741, or 215-687-2000/
 (NOOP) CO: Nocopi Technologies Inc.; Globe Ticket & Label Company ST: Pennsylvania IN: SU:


JS-MJ -- PH001 -- 9025 11/10/92 07:01 EST
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Publication:PR Newswire
Date:Nov 10, 1992
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