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IDGLOBAL (Pink Sheets:IDGJ) Following on the heels of the largest counterfeiting bust in Canadian history, IDGLOBAL's Nano-Molecular Marking™ technology was lauded as being "one of the hottest technologies" in anti-counterfeiting.
On December 1, 2007, police executed criminal code search warrants and seized counterfeit goods including footwear, purses, wallets, clothing, jewelry, sunglasses and luggage. Eight people in the Toronto area face thirty-six charges in an estimated $10 million counterfeit goods investigation in what is considered one of the biggest busts of its kind in North America. What is significant about this case, however, is that instead of going after storefronts, this counterfeiting operation targeted suppliers.
The full article can be viewed at http://www.canadiansecuritymag.com/index.php?option=com_content&task= view&id=414 (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
"We found thousands of unassembled Nike and Puma boxes," commented Lorne Lipkus, founding partner of Kestenberg Siegal Lipkus LLP (http://www.ksllaw.com). "They then had cases of stickers or labels that go on the front of the box. There are fakes that look so authentic that it's difficult to tell them apart from the real thing. In some cases even the brand owners have a hard time telling them apart. In order to protect their brand, more companies are spending money on brand protection technology, which goes into, on or around an authentic product to assist in authenticating it. This could include chemical ink, holograms, 3D bar codes or micro-thread with writing on it (which you'd need a magnifying glass to see)."
"One of the hottest technologies right now is synthetic DNA, developed by a company called IDGLOBAL in Kelowna, BC. I have several clients now using that product," says Lipkus. "It's covert. People can't copy it — you know 100 per cent whether it's your product or not."
IDGLOBAL provides a range of leading technologies specifically designed to provide private enterprise and governments 100% solutions to their Counterfeiting infections and Loss Prevention/Anti-Theft security programs. IDGLOBAL’s Nano-Molecular Markers / Tags™ are specifically designed for global anti-counterfeiting applications and its IDFORENSIX™ products provide Loss Prevention/Anti-Theft solutions for the annual $800 billion Anti-Counterfeiting and Loss Prevention markets. IDGLOBAL is a forward-looking company with a robust R&D program and product development and integration program for the purpose of providing next-generation Nano-based and leading-edge Anti-Counterfeiting products and Security solutions.
Nano-Molecular, Nano-Molecular Markers, Nano-Molecular Tags and IDFORENSIX are registered trademarks of IDGLOBAL Corp, All Rights Reserved.
This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of IDGLOBAL Corp. to be materially different from the statements made herein.
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