INX International Ink and VerifyMe have signed a supply agreement to further the development of inks to tackle counterfeiting and fraudulent products.
INX is the third largest producer of inks in North America, whilst VerifyMe is a provider of technologies for counterfeit prevention, authentication, serialisation, and track and trace features. The new supply agreement builds on the strategic partnership the two companies formed in early 2019.
INX has and is developing inks incorporating VerifyMe’s RainbowSecure pigment to be used for inkjet printing, in combination with high speed, high volume label and packaging flexo or roll-fed printing presses as well as shrink sleeve applications, CIJ inks, UV flexo, water-based flexo, offset, rigid container, and inks for metal decoration. Such specially formulated inks will enable these various printing and converting presses to print VerifyMe’s RainbowSecure invisible ink technology, which includes variable VeriPAS serialisation, track and trace technology.
Existing and future inks to be developed as part of this agreement are applicable to many industries experiencing rampant counterfeiting and fraudulent products. This includes aluminium beverage cans and bottles, and packaging for cannabis, personal protective equipment (PPE) and medical equipment, motor vehicle parts, silicon chips, weapons and ammunition, and others.
INX president and CEO John Hrdlick said, ‘We are very excited to work with VerifyMe to bring its proprietary security, authentication and tracking technology to label and packing manufacturers around the world. We are strong believers in delivering what the market wants and needs, and there is a huge demand for brand protection and anti-counterfeiting.’
VerifyMe CEO Patrick White added that his company’s technological offering and connection with brand owners worldwide, coupled with INX’s ink technological expertise and global footprint, ‘makes for a unique offering to the marketplace to provide a wide range of security printing options.’
He continued, ‘This is a significant milestone for our company as we expand the global availability of our RainbowSecure technology. Our technology is currently available for use on the INX NW140 and NW210 UV inkjet digital presses that run INX NWUV multi-purpose inkjet inks for paper and plastic films. It will soon be available on additional industry leading industrial inkjet heads used for variable printing in the high-speed label and packaging industry.’
Read about further developments in inks and toners in the January/February 2021 issue of Digital Labels & Packaging; register here to receive your copy of the magazine
