InkSure Technologies Reflects on Positives, RFID
14 November, 2007
category: RFID
InkSure Technologies Inc., a provider of covert machine-readable security solutions for the prevention of counterfeiting, fraud and diversion, today reported its operating results for the three and nine month periods ended September 30, 2007.
The highlights include a 224 percent revenues increase (since the third quarter of 2006), and continued investment in next generation SARcodeTM “chipless” RFID technology.
The company also reported “substantial” reduction in operating loss to $0.498 million, and a net income of $0.162 million, which includes non-cash finance income on convertible notes.