to Further Protect Thai Passports
The passport is an e-passport and around 10,000 applications for new Thai Passports are received each day. This particular order is of modest financial significance to YPB.
Nevertheless, the order reflects YPB's expanding presence in the ASEAN region for Passports and Vital Government Document protection with a number of countries in the region currently testing and trialling YPB's passport technology.
This security paper order, is an additional component to YPB's passport protection solutions with the Company's VariSec passport technology contracts continuing into a 3rd year, with regular reorders from its established customers.
YPB Executive Chairman John Houston said: "This new order for the Thai Passport builds on our strong Government relationships in Thailand and our reputation for protecting Goverments against counterfeit Vital Government Documents. The current global climate of increased terrorism across the world means goverments are speeding up efforts to protect passports and other travel related documents."
About YPB Group Ltd
In a rapidly changing world, brands need to do more than make great products, they need to PROTECT their consumer by allowing them to verify that their purchase is real and as a result buy with confidence. This is a proven initiative to trigger the consumer to CONNECT with brands.
YPB Group Ltd (ASX:YPB) provides real protection for quality brands with a focus on product authenticity. Simultaneously, we provide a gateway for brands to connect with their consumers and engender trust in authenticity by utilising the power of the smartphone.
In an evolving marketplace and with the rapid growth of cross border commerce, YPB leverages serialisation and patented authentication solutions so that insightful data can flow between brands and their consumers.
YPB is the obvious choice to PROTECT, DETECT and CONNECT.
YPB Group Ltd