Press Release Source: True Product ID, Inc. (TPID)
True Product ID in Strategic Partnership with AMCO Plastics: TPID-AMCO's Anti-Counterfeiting Technology Already on More Than 1 Million FIFA Women's World Cup Tickets
Tuesday August 21, 9:00 am ET
FIFA World Cup is Considered the Prelude to the 2008 Olympics in China
BEIJING & PHILADELPHIA--(BUSINESS WIRE)--True Product ID, Inc. ("TPID US") (OTCBB:TPDI - News) announced that it has been selected as one of the anti-counterfeiting technologies employed during the most prestigious women's soccer event in the world, the 2007 FIFA Women's World Cup. The 2007 World Cup will take place in China from September 10-20, 2007.
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The Company partnered with leading anti-counterfeiting provider Amco Plastic Materials Inc./AMCO International, Inc. ("AMCO") of Farmingdale, New York to co-develop and deliver authentication solutions for the 2007 FIFA Women's World Cup, which is considered to be the prelude to the 2008 Beijing Olympics.
More than 1 million World Cup tickets have been printed with TPID-AMCO's anti-counterfeiting technology. TPID and AMCO have also developed a state of the art anti-counterfeiting ticket reading device, which will be used at venue entrances. AMCO has developed state of the art ticket reading devices used at some of the most prominent events in the United States, where, like the Women's World Cup, the highest security is paramount.
New TPID President Sergio Luz stated: "In partnership with AMCO's president Gary Metzger, The MacKay Group and TPID have worked and continue to work closely with Chinese sports agencies and organizations to provide authentication solutions for major sports events in China. We see the 2007 FIFA Women's Cup as the steppingstone into this critical market and to building a long-term relationship with Chinese sports agencies and organizations, which TPID, AMCO, and the Chinese all believe will translate into the Company acquiring larger, more profitable opportunities such as the 2008 Olympics."
The Women's World Cup is overseen by The Federation Internationale de Football Association (FIFA). For more information on the events go to: www.fifa.com/u20worldcup/index.html
About True Product ID
True Product ID, Inc. produces integrators for anti-counterfeiting and security surveillance applications and is a provider of integrated tracking devices. The Company delivers turnkey solutions for governments, armed forces, and industry, through its own proprietary technology and through aggregating the technology, products, and services of third parties via licensing agreements and or joint ventures. For more information about True Product ID, go to www.tpid.net. For more information about True Product ID Technology (Beijing) Limited, go to www.trueproductid.com/.
About The MacKay Group Limited
The MacKay Group is a Hong Kong corporation, which has built strategic relationships with government, industry, funding, technology, and other representatives in Mainland China, Hong Kong, Macau, the Philippines, Japan, and other parts of Asia; Europe; Africa; the Middle East; Latin America; and North America, and utilizes those strategic relationships to, among other things, help develop, market, distribute, manufacture, and otherwise commercialize advanced technology in global markets. James MacKay is the chairman of The MacKay Group.
About AMCO
Amco Plastic Materials Inc./Amco International, Inc. of Farmingdale New York, currently provides security solutions for worldwide use and deals with well known public and private organizations. Founded in 1955, AMCO distributes and produces, custom compounds, dry color, additives and master-batches and anti-counterfeiting taggants and technologies. AMCO offers unique anti-counterfeiting taggants and taggant combination technology, including additives and master-batches for the system and the scanner system and software, to make finished products difficult, if not impossible, to counterfeit.
SAFE HARBOR STATEMENT: This news release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that our products may not achieve customer acceptance or perform as intended, that we may be unable to obtain necessary financing to continue operations and development, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.
Contact:
True Product ID, Inc. (TPID)
Richard Bendis, 215-496-8102
rbendis@tpid.net
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Source: True Product ID, Inc. (TPID)