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Home > News > Singular ID and Veneto Nanotech incorporate Singular ID Italia Srl

May 18th, 2006

Singular ID and Veneto Nanotech incorporate Singular ID Italia Srl

Abstract:
Singular ID Pte Ltd, the provider of integrated brand security products based on advanced micro and nanotechnology solutions, announced today that it has incorporated its Italian subsidiary Singular ID Italia Srl with an investment from Veneto Nanotech SCPA.

Singular ID was the winning team in the Nanochallenge International Business Plan competition, held during November 2005. The prize of €200,000 cash and €100,000 in-kind services will fund the initial operations of Singular ID Italia, enabling it to rapidly build its business from its location in northern Italy. At incorporation, Veneto Nanotech holds 7.5% of the quotas of the subsidiary, the balance being allotted to Singular ID. (PDF)

Source:
Singular ID

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