TSSI Announces Five New Banking Customers for DeedMark(tm) Security Foil

Released on: April 24, 2008, 8:55 am

Press Release Author: TSSI Systems

Industry: Electronics

Press Release Summary: Up to 455 million Chinese customers to be protected from
counterfeiting and fraud


Press Release Body: UK - TSSI Systems, the document and personnel identity
specialist, today announced that five major Chinese banks are now using TSSI
products to protect their bank passbooks via Shenzhen TSSI Systems, its Chinese
Joint Venture.

The new customers are China Construction Banks, China Communication Banks, Guangdong
Development Bank, China Industrial Bank and the Agriculture Bank of China.

Each bank is using TSSI's DeedMarkT document security foil in bank passbooks for
their customers in China. TSSI estimates that the five banks have an approximate
total of 455 million customers between them.

DeedMarkT proves the authenticity of a bank passbook, preventing counterfeiting and
fraud, by using either a batch number or incrementing number hard-coded into the
foil at the point of manufacture.

To validate a DeedMarkT protected document as authentic, bank passbooks are swiped
through a reader which then authenticates the foil as genuine and displays the
number embedded within the foil.

The DeedMarkT foil is initially manufactured at TSSI\'s premises in the UK before
being sent to Shenzhen TSSI Systems for slitting and assembly into bank passbooks.
The foil is available in black, silver, gold and colour shift to enhance the
aesthetic appearance of a document.

TSSI formally established its joint venture in China in October 2007.

"TSSI is delighted with what it has achieved in China in a relatively short period
of time. While it took a considerable amount of time to set up the joint venture the
market opportunity is massive, and is already paying dividends," said Stewart
Hefferman, COO, TSSI.


- ends -

About TSSI

TSSI, based in Swindon, UK, is leading supplier of technology solutions for the
verification of personnel and documents. Its document verification, fingerprint
biometrics and identification systems are used in over 20 countries worldwide;
wherever proving the identity of individuals or documents is a necessity. TSSI's
target markets include healthcare entities, retailers, airports and financial
institutions. Its blue chip customer list includes, NHS and the John Lewis
Partnership.

Visit: TSSI at Security Document World 2008
22-23rd April 2008
Stand B35, New Connaught Rooms, Covent Garden, London



Contacts:

Clodagh Boyle
cboyle@rainierpr.co.uk
Rainier PR
Tel: +44 (0)20 7494 6570

Raz Sheikh
raz.sheikh@tssi.co.uk
TSSI
Tel: +44 1793 747 700.



Web Site: http://www.tssi.co.uk/

Contact Details: Contacts:

Clodagh Boyle
cboyle@rainierpr.co.uk
Rainier PR
Tel: +44 (0)20 7494 6570

Raz Sheikh
raz.sheikh@tssi.co.uk
TSSI
Tel: +44 1793 747 700.

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •