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InkSure Technologies, Inc.
InkSure Technologies Releases 2008 Results
April 26th, 2009
InkSure Technologies Inc. (BULLETIN BOARD: INKS) , a leading provider of covert machine-readable security solutions for the prevention of counterfeiting, fraud and diversion, and an important developer of a unique low cost chipless RFID technology reported its operating results for the year ended December 31, 2008. Although total revenues decreased 25% to $ 2.158 million our gross profit margins increased to 77% and our overall operating loss decreased by 13% to $2.184 million. We spent $1.7 million on research and development that primarily went to our unique next generation SARcode(TM) chipless RFID technology and we continued our penetration into international...
Source: Pharma Investments, Ventures & Law Weekly (2009-04-26)
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