QualityStocks would like to highlight LaserLock Technologies, Inc. (
OTCQB: LLTI). The company provides advanced fraud prevention technologies to pharmaceutical companies, high-end retailers, electronics manufacturers, the gaming industry, and governments worldwide. The company is dedicated to protecting its clients, their products, and their customers from those who would attempt to subvert integrity by counterfeiting.
In the company’s news,
LaserLock Technologies was recently awarded a new patent (U.S. Patent No. 8,551,683 B2) for the company’s proprietary color-changing ink technology used as an anti-counterfeiting tool in a wide variety of industries. The patent extends the protections of LLTI’s current patent for the color changing ink for another 28 months and incorporates new intellectual property protections on the technology.
The color-changing technology, marketed as SecureLight™, has the ability to instantly change color under both CFL (compact fluorescent light) and LED light sources. The patent’s additional claims include a range of methods that incorporate the pigment into a product, including as a surface coating on a product, direct incorporation into a product, or as an identifying mark on a product.
“Our strong and growing portfolio of intellectual property is enhanced with this new patent,” Michael R. Sonnenreich, chairman of LLTI’s board of directors stated in the press release. “As we build on the recent sales of this technology, the company now has an expanded market for its services.”
The patent enables the company to vary its offerings while maintaining the security of its intellectual property, and solidifies LLTI’s presence in the anti-counterfeit industry.
“The value of LaserLock’s intellectual property positions the company very strongly in the anti-counterfeiting field,” LLTI CEO Neil Alpert stated. “The new claims in our patent for our state-of-the-art product SecureLight™ further protects that value and the integrity of our technology for our clients.”
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
