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As of 5:20 PM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).

laserlock technologies inc (LLTI) Snapshot

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08/1/13 - $0.18
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06/26/14 - $0.04
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laserlock technologies inc (LLTI) Details

LaserLock Technologies, Inc., a development stage company, engages in the provision of product and document authentication and security solutions. The company offers RainbowSecure technology that combines an invisible ink with a proprietary tuned laser to enable counterfeit products to be exposed for gaming industry, as well as for anti-counterfeit protection of tags and labels in the apparel industry; LaserXpose technology, which combines overt and covert anti-counterfeiting technology in one printing ink; and InkJetSecure technology for invisibly marking and tracking individual products through the distribution chain. It also provides SecurDox that enables the printing of selective information invisibly on a desktop bubblejet printer; SecureLight technology, which changes color of ink for use in various applications, including credit cards, drivers licenses, passports, stock certificates, clothing labels, currency, ID cards, and tax stamps, as well as to protect DVDs, apparel, pharmaceuticals, and other physical products. The company licenses its technologies. LaserLock Technologies, Inc. was founded in 1999 and is based in Bala Cynwyd, Pennsylvania.

8 Employees
Last Reported Date: 03/31/14
Founded in 1999

laserlock technologies inc (LLTI) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $50.0K
Compensation as of Fiscal Year 2012.

laserlock technologies inc (LLTI) Key Developments

LaserLock Technologies Inc. announced delayed 10-Q filing

On 05/16/2014, LaserLock Technologies Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

LaserLock Technologies, DuoChrome+ Chosen to Protect National ID Cards for the Dominican Republic

LaserLock Technologies Inc. has been selected to provide DuoChrome+, a unique, exclusive pigment offered through ABNote Corporation to the new national ID card of the Dominican Republic. The sale of the color-changing pigment is a result of an exclusive relationship between LaserLock and ABnote to market DuoChrome+. DuoChrome+(TM) is a unique pigment offered by LaserLock through ABnote for the protection of plastic cards and secure documents, including national ID cards, passports, bank and credit cards and government documents. It utilizes green technology to change color instantly when moved between fluorescent and other kinds of light sources. It contains multiple, embedded covert features as well. LaserLock offers a variety of security pigments containing both overt and covert security features, providing for multi-layered security. The pigments are ideal anti-counterfeiting tools for government documents, such as national ID cards and passports, as well as pharmaceuticals, luxury retail goods, apparel and electronics.

LaserLock Technologies Inc. Files for Patent Enabling Mobile Phones with Anti-Counterfeiting and Track & Trace Technology

LaserLock Technologies Inc. announced it has filed a full patent application for a Characteristic Verification System (CVS) enabling smart phones to simultaneously identify counterfeit products and protect against identity fraud. The company had previously filed for a provisional patent one year to the day on February 20, 2013. The CVS is a groundbreaking technology that sets a new standard in brand protection by combining LaserLock's proven product authentication expertise with its simple and secure VerifyMe(TM) human authentication technology. Acquired by LaserLock Technologies in December 2012, VerifyMe(TM) is a biometric verification system that replaces antiquated systems of passwords and PINS and utilized multiple factors of authentication to quickly and securely authenticate human beings. Within the CVS, it can also uniquely serialize individual products allowing complete verification of provenance, pedigree and movement. The new solution benefits from the near ubiquitous penetration of smart phones with integrated cameras and artificial light sources to create advanced inspection tools that can be made available at no additional cost. The Characteristic Verification System utilizes technologies present in virtually all smartphones to capture both overt and covert anti-counterfeiting measures on any given product, as well as to verify the identity of the person performing that action. Its applications range from protecting the most complex and sensitive supply chains to protecting the integrity of high-value retail goods. It allows companies and governments to track products along their supply chain and verify the identity of all who come in contact with them. When applied to high-value retail goods such as consumer electronics and luxury fashion items, the system can provide both consumers with the peace of mind that they are purchasing a genuine products and companies with valuable data on their customers and their purchasing habits.


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