Nanotech Security Corp. Appoints Frenny Bawa as Chief Commercial Officer
Ms. Bawa to drive international product and service marketing for Nanotech and KolourOptiks©
Vancouver, British Columbia, - Nanotech Security Corp. (the “Company”) (TSX-V: NTS), developer of next-generation security and authentication features using patented nano-optics, announced today that Ms. Frenny Bawa has joined the company as its Chief Commercial Officer. She brings more than 25 years of experience to Nanotech Security, most recently serving as vice president and managing director for India for BlackBerry (formerly Research In Motion). In addition to overseeing BlackBerry’s operations in India, Ms. Bawa was responsible for expanding BlackBerry’s global distribution channels and thereby grew the company’s global footprint. In 2011, she was recognized by Forbes as one of India’s top 10 most powerful women in business.
Doug Blakeway, CEO of Nanotech commented, “Nanotech has started to move into the commercialization phase of its business, so it was critical for us to attract someone with a track record of establishing and executing on aggressive growth plans. We are fortunate to have recruited Frenny and are excited to welcome her to our team. Frenny has been successful in extremely competitive industries, in both start-ups and large technology corporations, and throughout her career she has developed effective strategies and built lasting partnerships that produce exceptional results. We think her skills will help us develop business and strong brand recognition initially in the product authentication and anti-counterfeit markets, but with eventual reach across a variety of industries where nano-optics will make a difference.”
Ms. Bawa responded, “As a Simon Fraser alumnus who maintains close ties to the university, I am impressed with what Doug, Bozena, Clint and the Nanotech Security team have developed with an SFU-born technology. Nanotech Security’s KolourOptiks© is unlike anything now available in the market and shows tremendous potential in an industry that constantly seeks new solutions for enhanced security. I am thrilled to be a part of the team and to have an opportunity to grow the company.”
Ms. Bawa serves on the British Columbia Jobs and Investment Board and is a member of the Dean’s External Advisory Board of the Beedie School of Business and SFU’s Foundation Board and India Advisory Council. Ms. Bawa earned a bachelor’s degree from Simon Fraser University and an MBA from McGill University.
For additional information about Nanotech Security’s KolourOptiks® nano-technology, visit [[a]] href="http://vimeo.com/nanotechsecurity">http://vimeo.com/nanotechsecurity[[/a]].
On Behalf of the Board of Directors ofNanotech Security Corp.
“Doug H. Blakeway”President and CEO
About Nanotech Security Corp:
Nanotech Security Corp. is developing its nanotechnology for authentication and anti-counterfeiting markets under an exclusive sub-license from Simon Fraser University, where the technology originated. Founded in 1984, Nanotech Security Corp. has developed technology and services in areas of criminal justice, infrared night-viewing, tracking security and forensics.
The Company’s products are being developed to be usable both overtly through an image visible to the naked eye and also in a covert manner, including invisible (to the eye) authentication features using machine-only readable data. The nano-images produce vibrant colours and seemingly animated images which allow observers to quickly identify the authenticity of the product to which a KolourOptiks® optical marker or tag has been affixed. The technology works by using a nano-scale matrix or array of holes, which are smaller than the wavelength of light to capture ambient light using ultra-high optical efficiency and high pixel density. These KolourOptiks® can be directly imprinted into nearly any surface including polymers, metals and even paper, becoming part of the product itself. The outstanding optical performance of this technology allows it to be used without mirror-like coatings found on traditional security features like holograms. They can be applied as a security image on a transparent window in a banknote or other product. The Company is working to enhance security for currency as well as many other applications including authenticating legal documents, merchandise, concert tickets, tax-paid stamps, medical & credit transactional cards, visas & passports, pharmaceuticals and for eye-catching brand and logo recognition. More information about the Company can be found at the Company’s website [[a]] href="http://www.nanosecurity.ca">www.nanosecurity.ca[[/a]] or [[a]] href="http://www.sedar.com">www.sedar.com[[/a]]
Media Contact: Jackie Henry[[a]] href="mailto:jp@nanosecurity.ca">jp@nanosecurity.ca[[/a]] +1.778.384.3384
Investor Relations: Sean Peasgood[[a]] href="mailto:sean@spectrumcapitalinc.com">sean@spectrumcapitalinc.com[[/a]] +1.416.565.2805
The TSX Venture Exchange does not accept Responsibility for the adequacy or accuracy of this release.
This news release contains forward looking information or statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, the risk that commercial products using the nano-technology will never be successfully developed, the need for unknown amounts of additional capital that will dilute shareholders if it is available at all (for which there can be no certainty). Investors are cautioned that any such forward looking statements are not guarantees for future performance and the actual results or developments may differ materially from those suggested in such statements. For more information on the Company, investors should review the Company's home jurisdiction filings that are available at [[a]] href="http://www.sedar.com">www.sedar.com[[/a]]