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Florida-based InkSure Technologies wins $800K grant

October 13th, 2008

FT. LAUDERDALE, FL – InkSure Technologies Inc. (OTC:INKS)provider of covert machine-readable security solutions for the prevention of counterfeiting, fraud and diversion, and a developer of breakthrough chipless RFID technology, has received a grant of up to $800,000 from the Office of Chief Scientist at the Israeli Ministry and Trade.

The amount of the award will be based on the company’s actual R&D expenses and project progression.

The company, headquartered in Ft. Lauderdale, has an R&D center in Science Park, Rehovot, Israel.

It specializes in comprehensive, covert security solutions designed to protect high profile brands and documents of value from counterfeiting, fraud and diversion.

It says its development of a unique chipless RFID technology offers affordable item-level secure logistics and track-and-trace applications.

On the Web: www.inksure.com

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