Industry Veteran Joins INKSURE Technologies
Board
NEW YORK/PRNewswire-FirstCall/ -- INKSURE Technologies Inc.
(OTC:INKS)
(BULLETIN BOARD: INKS) recently announced that industry veteran
Jonathan Bettsak has been elected to its board of directors. INKSURE is a
leading provider of covert machine-readable security solutions for the
prevention of counterfeiting and product diversion, and a developer of
an innovative Track & Trace technology. Mr. Bettsak has more than 20
years of operational experience in the security, IT, and
telecommunications fields.
"Jonathan has extensive experience in creating and fostering global
IT and telecommunications operations, and we look forward to his
contribution as a member of INKSURE's board," said Gadi Peleg, INKSURE's
Chairman. "We believe that Jonathan's insights and experience will be
very valuable in helping to guide INKSURE's development in years to
come."
"The talent and diverse expertise of our team members have always
been some of INKSURE's most valuable assets, as evidenced by our ability
to attract stellar industry leaders like Jonathan," said Tal Gilat,
INKSURE's President and CEO. "With his proven aptitude in terms of
implementation, Jonathan is a crucial addition to our team, helping us
to broaden the business and operating base we will require in order to
meet our long-term growth objectives."
Since 2008, Mr. Bettsak has served as director of Digicel Holdings
(Panama) Ltd., which is incorporated in Bermuda. Digicel is a global
cellular operator active in 32 markets in the Caribbean, the South
Pacific, and Central America, with 11.8 million subscribers and revenues
of $2.2 Billion.
From 1995 to 1999, Mr. Bettsak was involved in the establishment and
sale of the Sinfonet ISP, which went on to become the largest internet
company in Panama. He also played key roles in the development and sale
of telecom networking businesses in various South American countries,
such as Argentina and Chile. Mr. Bettsak is currently involved in a
multimillion-dollar computer business, distributing brands such as Acer,
HP, and Cisco throughout the US, Colombia, Central America, and the
Caribbean.
Mr. Bettsak received his B.A. Finance in 1991 from the American
University in Washington D.C.
About INKSURE Technologies Inc.
INKSURE Technologies is an industry leader in brand protection,
product diversion and document security. INKSURE's taggant technology is
applied to tens of billions of consumer items and high-value documents
annually. The verification process is based on proprietary
authenticators that provide instant, reliable, forensic-quality results.
The company's sales and marketing activities target a number of
industry sectors on a global scale, including the financial and
pharmaceutical fields, branded products, transportation, and government
projects. INKSURE is SEC regulated, and publicly traded on the
Over-The-Counter Bulletin Board, under the symbol INKS.OB. Additional
information on the company is available at its website: http://www.inksure.com/,
the content of which is not part of this press release.
Safe Harbor Statement
This press release contains forward-looking statements within the
meaning of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995 and federal securities laws. For example,
when we say that, we believe that Jonathan's insights and experience
will be very valuable in helping to guide INKSURE's development in years
to come, or that, Jonathan is a crucial addition to our team, helping
us to broaden the business and operating base we will require in order
to meet our long-term growth objectives, we are using forward-looking
statements. These forward-looking statements are based on the current
expectations of the management of INKSURE only, and are subject to a
number of factors and uncertainties that could cause actual results to
differ materially from those described in the forward-looking
statements. The following factors, among others, could cause actual
results to differ materially from those described in the forward-looking
statements: changes in technology and market requirements; we may
encounter delays or obstacles in launching our products; our technology
may not be validated as we progress further and our methods may not be
accepted by the industry; we may be unable to retain or attract key
employees whose knowledge is essential to the development of our
business and our products; our products may wind up being more expensive
than we anticipate; R&D results may not translate to equally good
results in real products; our patents may not be sufficient; our
products may harm users; changes in legislation; inability to timely
develop and introduce new technologies, products and applications; loss
of market share and pressure on pricing resulting from competition,
which could cause the actual results or performance of INKSURE to differ
materially from those contemplated in such forward-looking statements.
Except as otherwise required by law, INKSURE undertakes no obligation to
publicly release any revisions to these forward-looking statements to
reflect events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events. For a more detailed description of
the risks and uncertainties affecting INKSURE, reference is made to
INKSURE's reports filed from time to time with the Securities and
Exchange Commission.
Source: INKSURE Technologies, Inc