Profile: Laserlock Technologies Inc (LLTI.PK)

LaserLock Technologies, Inc., incorporated on November 10, 1999, is a development-stage company. The Company is a technology development company that delivers product and documents authentication and security. Theapplications of the Company's technologies are available in different types of products and industries, including gaming, apparel, tobacco, perfume, compact disks, pharmaceuticals, event and transportation tickets, driver's licenses, insurance cards, passports, computer software, digital video disc (DVDs), and credit cards. The Company's technologies includes a technology utilizing invisible ink that can be revealed by use of laser light for authentication purposes; an inkjet ink technology, which allows invisible codes to be printed, and a color shifting technology that is activated by certain types of lights. The Company's product offerings include RainbowSecure, LaserXpose, InkJetSecure, SecurDox and SecureLight.

RainbowSecure Technology combines an invisible ink with a tuned laser to enable counterfeit products to be exposed. It is used in the gaming industry where the technology is used by casinos to protect their chips, dice, and playing cards from fraud. The technology also features a double layer of security, which remains entirely covert at all times and provides licensees with additional protection. RainbowSecure is particularly to closed and controlled environments, such as casinos that want to verify transactions within a specific area, and are not interested in outside public verification. The technology is also appropriate for anti-counterfeit protection of tags and labels in the apparel industry, where it can be applied to a variety of different materials.

LaserXpose Technology combines overt and covert anti-counterfeiting technology in one printing ink. InkJetSecure Technology involves a method for coating pigments so that they can be used in high speed continuous inkjet printers without clogging the submicron nozzles of the printers. The technology is utilized in combination with tracking software.

SecureLight Technology makes uses of the new fluorescent lighting to change the color of ink, resulting in hundreds of new applications ranging from credit cards to drivers licenses, passports, stock certificates, clothing labels, currency, identification (ID) cards, and tax stamps. The technologies can also be used to protect DVDs, apparel, pharmaceuticals, and virtually any other physical product. The identical compact fluorescent lighting is used in most color photocopiers and color scanners so that any document, which incorporates SecureLight ink cannot be copied and/or reproduced on a color copier or color scanner.

The Company competes with SICPA, Sun Chemical, 3M, DuPont, Honeywell, Avery Dennison, American Banknote Holographics, Digimarc, Authentix, DNA Technologies, Identif, Thomas de la Rue and Portals.