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Home > News > NCR spins off company to combat counterfeit cash

April 12th, 2007

NCR spins off company to combat counterfeit cash

NCR Corp. is spinning off a new company that is developing a technology capable of combating the counterfeiting of cash, pharmaceuticals and military parts, the new company's CEO said Thursday.

Prime is developing a nano-technology that has its origins in NCR labs, Ricci said. Essentially, the process known as LumID or luminescent identifier creates very tiny glass beads with "chemical tags" allowing whatever has been embedded with the beads to be accurately identified, he said.

"Think of it as a bar code encased into a tiny glass bead," Ricci said.


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