Share Name Share Symbol Market Type Share ISIN Share Description
Spectra Systems Corporation LSE:SPSY London Ordinary Share COM SHS USD0.01 (UNRES)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 185.00 180.00 190.00 185.00 184.00 184.00 21,370 08:00:49
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 10.0 3.4 6.8 28.0 84

Spectra Systems Corporation Issuance of TruBrand Patents in China

18/11/2020 7:00am

RNS Non-Regulatory


Spectra Systems Corporation

18 November 2020

November 18, 2020

Spectra Systems Corporation

("The Company" or "Spectra Systems")

Issuance of TruBrand(TM) Patents in China

Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies, and gaming security software, is pleased to to report that it has significantly strengthened its patent position through the issuance of a patent for its TruBrand(TM) technology in China. This technology is the only materials-based smartphone authentication technology of its kind and is being aggressively promoted for use with tobacco products in China, having achieved early stage annual sales volumes of 12,000,000 packs for the calendar year of 2020. The patent protection will be for twenty years from the filing date of July, 2016.

Dr. Nabil Lawandy, CEO of Spectra Systems, stated: "The issuance of a patent for our TruBrand(TM) technology in China is a significant milestone for the company. With over 200 billion cigarette packs sold in China annually and an investment of over two years in marketing this product, we are extremely pleased to have our intellectual property protected by the Chinese government."


Spectra Systems Corporation

   Dr. Nabil Lawandy, Chief Executive Officer                            Tel: +1 (0) 401 274 4700 

WH Ireland Limited

   Chris Fielding (Head of Corporate Finance)                           Tel: +44 (0) 20 7220 1650 

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November 18, 2020 02:00 ET (07:00 GMT)

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