News and Announcements
YPB Signs New Deal for ePassport Technology
- Published November 06, 2015 12:52PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
6th November 2015, ASX Announcement
- YPB’s VariSec technology to be applied to further 1.5 million ePassports
- Growing acceptance of YPB technology in new economies
Brand protection solution company YPB Group Limited (ASX: YPB) has been contracted to provide its proprietary VariSec technology to a significant Southern African country. The news comes after YPB was recently contracted by a major first world economy to supply the proprietary VariSec technology for application in 15 million ePassports.
This new order substantially increases YPB’s penetration into the world of securing ePassports globally.
The technology was developed by YPB’s recently acquired subsidiary Intellectual Product Protection (IPP) and receipt of the order is seen as a further validation of the purchase of the business.
To read the full announcement, please click here.