YPB Group Limited (ASX: YPB) announced the signing of the second early adopter of its high security, smartphone readable, authentication technology MotifMicro with OPP Gravure Printing Co Ltd.
- The contract is expected to produce revenue in Q1 2020 from the 6-month early adopter agreement with customers charged on a per-unit basis.
- It will focus on innovative products, esp. shrink wrap, to commercialise with OPP’s customers.
- This follows the September 2019 agreement with China’s leading security label producer, PanPass Inc, as the first early adopter of MotifMicro, and the certification of MotifMicro as meeting FDA food contact specifications by Switzerland’s SGS.
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