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TechConnect Summit 2006
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Producing Sponsor


Platinum Sponsor

Welsh & Katz, Ltd.

Gold Sponsor

ISTC International Science & Technology Center

Ventures Enabling Sponsor

Atomic Venture Partners

Press Sponsor

Business Wire

Partnering Sponsor


Supporting Organizations

Boston University
Midwest Research University Network

Media Sponsors

(joint with Nanotech 2006) Nature
R&D Magazine

Summit News

Event Contact

Jennifer Rocha
955 Massachusetts Ave. #313
Cambridge, MA 02139
Phone: (774) 249-8514

Prime Technology

Location:MA, US
Speaker:Christopher Ricci
Primary Industry:Anticounterfeiting Systems
Executive Summary:Counterfeiting represents a worldwide problem that has shown exponential growth over the past twenty years. Interpol estimates current global economy losses to be in the range of $450-500 billion annually, with volumes rising sharply. The trade in counterfeit and illicit goods represents an estimated six to nine percent of all world trade and has a direct impact on the growth of world economies. Commonly counterfeited items include software, medicine, automobile parts, electronics, identity documents and currency itself. Prime Technology, an NCR company, has created a revolutionary taggant technology, called LumID, that provides a highly secure, covert deterrent to counterfeiting. The sub-micron sized LumID taggants are custom manufactured to create a client-specific signature or code and are well suited for deployment in inks, paints, polymers and paper. A low cost proprietary scanner is used for instantaneous authentication. Critical to the successful deployment of any anti-counterfeiting technology are three objectives: 1. Scalability. Ease of deployment over an industry wide environment. 2. Affordability. Low cost installation and operation, allowing for a fast and meaningful return on investment. 3. Security. Virtually impossible to reverse engineer. We respectfully submit that Prime Technology is the first to deliver on all objectives.
Venture is:B-Round


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