YPB to Acquire Smartphone Readable Authentication Technology & Investor Presentation

8th December 2915, ASX Announcement

Highlights:

• The ‘Holy Grail’: non-replicable identifier technology , readable by smartphone
• Award-winning, patented technology developed at Massachusetts Institute of Technology
• Potential to become global authentication standard
• Multiple end applications
• Highly complimentary with current YPB offering

YPB Group Limited (ASX:YPB)  has signed a Letter of Intent (LOI) for the acquisition of Motif Micro Inc., a company commercializing secure, smartphone-readable microbarcode technology  originally developed at Massachusetts Institute of Technology (MIT). This represents a key step in the execution of YPB’s PROTECT, DETECT, CONNECT strategy.

Motif Micro’s platform is considered the ‘Holy Grail’ of non-replicable technology due to its ability to uniquely encode products at the item level while maintaining ultralow cost, high physical security, exceptional visual appeal and reliable smartphone readout. With this technology, YPB will commence production of microparticle barcodes from proprietary polymer nanocomposites for authentication of a vast array of goods.

To read the full announcement, please click here.

To view the Investor Presentation, please click here.