News and Announcements
YPB to Secure Southeast Asian ePassports
- Published April 11, 2016 11:38AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
11th April 2016, ASX Announcement
Highlights:
- YPB’s VariSec technology to be applied to a further two million ePassports
- First Asian economy to embrace VariSec solution
- Further success in secure Government documents
YPB Group Limited (ASX: YPB) has been contracted to provide its proprietary VariSec technology to protect a large Southeast Asian country’s ePassports. The contract follows those announced in 2015 for the proprietary VariSec technology with a major Western nation and a large African economy, accounting for a total of approximately 16.5 million ePassports on an annual basis.
The new contract comes shortly after contact wins in Mexico and is further evidence of YPB’s penetration into the world of secure Government documents. YPB now provides its VeriSec technology to three countries whose collective population exceeds 440 million.
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