We are experts in electronic document and printing technologies. Members of Pagemark have a long history of supplying document technologies to the printing industry.
Redmond WA -- July 25, 2017-- Pagemark Technology, Inc. a leading supplier of digital authentication technologies primarily focused on the development and manufacturing of innovative systems to defeat counterfeit and diversion based on its 2D barcode technology known as Pelta™ today announced that the United States Patent and Trademark Office has issued US Patent 9,716,711, entitled " High-value document authentication system and method". The patent covers methods for providing document certification and authentication using 2D barcodes. Pelta™ provides a system for encoding a secondary datum into standard 2D barcodes. The secondary data can be decoded and read using proprietary readers while maintaining 100% compatibility with standard 2D barcodes. Pelta enabled 2D barcode are used in systems to prevent counterfeit and diversion globally.
According to the Global Brand Counterfeiting Report, 2018 the value of counterfeited goods in 2017 Amounted to $1.2 Trillion.
The growth in global trade and technology has positively affected many markets across the world but along with that, it has some major adverse effects as well. Business organizations spend a lot of money, time and resources on protecting their brand and trademarks. But even after all the measures, the counterfeit market is booming rapidly.
Pelta codes are secure machine readable 2D barcodes which retain baseline characteristic and functionality of a standard 2D barcode while including covert features.
With the issuance of this new patent, Pagemark intends to seek potential commercialization partners for Pelta based products globally.