Nanotech Receives $560,000 Follow-On Order for Colour-Shifting Optical Thin Film Security Features for Banknotes

Nanotech Security Corp., today announced that after meeting the demanding specifications of a first order for an international customer, the Company has received a follow-on order from the same customer for colour-shifting optical thin film (OTF) security features for banknotes.

The new order, valued at $560,000, is scheduled for delivery in the third quarter 2015. Confidentiality requirements in the banknote industry do not permit releasing further details about the order.

“Deployments of our OTF security features in our international customer’s local economy have exceeded our customer’s expectations, and have resulted in this additional order,” commented Doug Blakeway, Nanotech Chief Executive Officer. “We are pleased with the performance of our product and the success of our customer relationship, which we anticipate will lead to more orders in the future.”

Reporting Second Quarter Fiscal 2015 Results

The Company will release financial results for its second quarter ended March 31, 2015 after the market closes on Monday June 1, 2015. Nanotech Chairman and CEO Doug Blakeway and CFO Troy Bullock will host a conference call with analysts and investors at 5:30 P.M. Eastern time the same day. All interested parties are invited to participate in this conference call and should dial the following number approximately 10 minutes prior to the starting time.

Conference Call Details:

Source: http://www.nanosecurity.ca/