Sure Trace Security Corp. (SSTY)

Overview

Sure Trace Security Corporation operates globally, offering comprehensive solutions aimed at minimizing losses due to theft, counterfeiting, and document fraud. Operating through its subsidiary, I.D.ology Laboratories, Inc., the company specializes in deploying synthetic DNA technology for a range of security applications. With a focus on innovation and technology, Sure Trace Security has positioned itself as a leader in securing assets and sensitive documents for both government entities and commercial organizations. Founded in 1983 and headquartered in Philadelphia, Pennsylvania, the company leverages strategic alliances, agents, and marketing contracts to distribute its products worldwide.

Products and Services

• Loss-Prevention Program

This program is designed to help organizations mitigate theft by employees and subcontractors. It relies on Sure Trace Security's cutting-edge synthetic DNA technology to mark assets, making it significantly easier to track and recover stolen goods. The innovative approach not only deters potential theft but also aids in identifying perpetrators, thereby safeguarding the company's valuable assets.

• Anti-Counterfeit Program

Sure Trace Security’s Anti-Counterfeit program integrates the company's synthetic DNA application into clients' production processes. This unique solution offers an unparalleled layer of security against counterfeit products, protecting brand integrity and consumer trust. By embedding synthetic DNA into products, companies can authenticate goods and effectively combat counterfeiters, thus preserving revenue and brand reputation.

• Document Security Program

The Document Security program empowers organizations to protect critical documents, such as legal contracts, corporate identification cards, and sensitive government-issued documents like currency and passports. Utilizing Sure Trace Security’s proprietary technology, documents are marked in a way that allows for easy verification of their authenticity while deterring fraud and duplication. This is crucial for preventing document-based fraud and ensuring the integrity of both public and private sector documents.