Ann: Protecting Global Electronic Cosumer Goods in China, page-29

YPB Group (ASX: YPB)
YPB Group has edged further into China’s market after announcing it had secured a contract with CCN Technologies.

CCN provides anti-counterfeit technologies and has teamed up with YPB to distribute YPB’s patented, covert forensic anti-counterfeit to its clients in China.

According to YPB, the CCN contract will generate between $100,000 and $1 million a year.

A second contract was announced this week, with YPB reporting it would provide its ProtectCode solution suite to Australian company Bluey Merino, which produces Merino wool-based activewear and outdoor clothing.

YPB anticipates the Bluey Merino deal will bring in “modest revenue in the year ahead”.

In the last few weeks, YPB has also achieved several milestones after reporting it had developed a smartphone readable anti-counterfeit technology. YPB also teamed up with emerging cannabis producer Namaste Technologies to provide the medical cannabis company with industry-wide authentication and consumer engagement solutions.