Third Phase of R & D

Third Phase of R & D

Announcement Date: 18th October 2015

Third Phase of R&D (October 2015 – September 2017) Further development of the in-mould marking system extending number of variables and producing a prototype system for demonstration to potential users.  The system has been shown to be capable of producing a very high data density in a small area using physical characteristics that cannot be read or altered or otherwise compromised by external electronic means.  The custom in house designed portable reader was also further developed for use within the supply chain that can be used to both decipher the applied codes, prove authenticity and provide traceability.  At this stage the company obtained outside equity based investment for the first time.