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Monday, September 12, 2011

Authentix Safeguards Products of the Leading Colombian Spirits Manufacturers

New Brand Protection Program Leads to Discovery of Counterfeits & Arrests

Authentix, the global leader in authentication, and Figurazione, a leading systems integrator, have partnered to safeguard spirits produced by the leading producers in Colombia : Fabrica de Licores de Antioquia (FLA) and Industria de Licores del Valle (ILV).

With over 48% market share, FLA is the largest domestic spirits producer in Colombia. Both FLA and ILV are state-owned entities whose revenues make up a significant portion of their respective state government revenues.

These programs were implemented in late 2.010.

Since then approximately 100 million authentic bottles of spirits have been protected.

Field inspection equipment has been provided to inspectors across the country to help identify and investigate suspect products in the market. 10% of the over 300 retail outlets inspected have resulted in discovery of counterfeit products leading to multiple investigations and eventually arrests.

During this time frame, FLA enjoyed an increase in sales of over 10%.

The Authentix/Figurazione solution involves multiple layers of security which includes:

An overt hologram in product packaging for tamper evidence and to help consumers verify product authenticity by visual inspection

A covert feature in the product packaging for authentication by inspectors

A covert feature incorporated in ingestible product for verification in the field by inspectors

A covert feature incorporated in ingestible product for forensic verification in certified labs by the experts

Handheld field verification detectors and test kits distributed to the investigators in the field

With nearly 1,300 Police and Government Tax Inspectors trained in authentic product verification across 28 of the 32 States in Colombia, the program has started to impact the counterfeit problem which had reached over 50% of spirits offered for sale in some areas.

"The authorities now have a definitive test and are making progress with indictments and arrests of counterfeiters thereby increasing government revenues," commented Andres Diaz, CEO of Figurazione.

"These programs not only protect Colombian citizens from the dangers posed by illicit spirits but also help the government protect its revenues," says Majid Fazeli, VP Authentication and Serialization, Authentix.

"Authentix has a successful track record of helping governments protect their citizens and their revenues through marking programs that ensure the authenticity of a wide variety of products ranging from fuels to pharmaceuticals and spirits."

About Authentix

Authentix(R), the global leader in authentication, provides brand protection, excise tax recovery, and supply chain security solutions to governments and Fortune 500 companies around the world.

Authentix has helped safeguard clients in the oil and gas, pharmaceutical and consumer goods industries from counterfeiting, smuggling and adulteration issues. In addition, Authentix protects the currency of six industry leading central banks.

Innovative nano-scale engineering, serialization authentication expertise and cutting-edge sensor knowledge help Authentix create effective customized solutions that address each client's needs.

About Figurazione

Figurazione is a major supplier of integrated turnkey security solutions for government and industry to protect documents, identities and products in diverse market sectors.

The company also provides support to civil and military aviation agencies, with integrated systems for instrument flight procedure design, ground validation and a comprehensive suite of applications for Aeronautical Information Management.

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