2011 Summit

Producing Sponsor

(joint with Nanotech 2006)

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

Location:	MA, US
Speaker:	Christopher Ricci
Title:	CEO
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