Document Security Systems, Inc. Announces Licensing Agreement with Secured Ticket Manufacturer Mercury Graphics

Date : 05/24/2004 @ 10:28AM
Source : PR Newswire
Stock : Document Security Systems, (DMC)
Quote : 1.95  0.06 (3.17%) @ 6:29PM
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Document Security Systems, Inc. Announces Licensing Agreement with Secured Ticket Manufacturer Mercury Graphics

Document Security Systems, Inc. Announces Licensing Agreement with Secured Ticket Manufacturer Mercury Graphics

ROCHESTER, N.Y., May 24 /PRNewswire-FirstCall/ -- Document Security Systems, Inc. announced today that it has signed a licensing agreement for one of its new anti-counterfeiting technologies with Mercury Graphics, one of North America's largest secured ticket printers.

Mercury Graphics is owned by MDC Partners, Inc., a publicly traded international business service organization (NASDAQ:MDCANASDAQ:TorontoNASDAQ:Stock Exchange:NASDAQ:MDZ.A) that offers security sensitive transaction products that include: airline, transit and event tickets, stamps and electronic transaction products such as credit, debit, telephone and smart cards. Some of Mercury Graphics' customers include: the Anaheim Angels, the Los Angeles Dodgers, Ticketmaster Canada, Toronto Transit Commission, British Airways, Air Canada and Northwest Airlines.

"We are pleased to be working with Mercury Graphics, who is committed to serving their clients with technology that meets the quality, service and reliability standards they need to protect their products from counterfeiters.

We are confident that in their choice to utilize our patented anti- counterfeiting products and processes for inclusion in their product offerings, they will meet and exceed these standards," said Patrick White, President and Chief Executive Officer of Document Security Systems, Inc.

"We are very excited to have the opportunity to work with Document Security Systems, Inc. With that, we are pleased to be able to offer another technology which will assist our clients in the prevention of counterfeiting," said Gord Bayda, President of Mercury Graphics.

Document Security Systems, Inc. is a technology company with patents in printed security features that prevents forgery, duplication, counterfeiting, copying, scanning and re-imaging for any type of printed documents, labels or packaging.

This release contains forward-looking statements regarding expectations for future financial performance, which involve uncertainty and risk. It is possible the Company's future financial performance may differ from expectations due to a variety of factors including, but not limited to, changes in economic and business conditions in the world, increased competitive activity, achieving sales levels to fulfill revenue expectations, consolidation among its competitors and customers, technology advancements, unexpected costs and charges, adequate funding for plans, changes in interest and foreign exchange rates, regulatory and other approvals and failure to implement all plans, for whatever reason. It is not possible to foresee or identify all such factors. Any forward-looking statements in this report are based on current conditions; expected future developments and other factors it believes are appropriate in the circumstances. Prospective investors are cautioned that such statements are not a guarantee of future performance and actual results or developments may differ materially from those projected. The Company makes no commitment to update any forward-looking statement included herein, or disclose any facts, events or circumstances that may affect the accuracy of any forward-looking statement.

Contact: Cherrie Mahon Company: Document Security Systems, Inc.

Title: Shareholder Relations Phone: (585) 697-7589 Fax: (585) 232-5960 Email:

Websites: http://www.documentsecurity.com/ http://www.safetypaper.com/ http://www.legalstore.com/ http://www.patrickprinting.com/

Contact: Gord Bayda Company: Mercury Graphics Title: President Phone: 306-384-8000 Fax: 306-683-0075 Email:

Websites: http://www.mercurytickets.com/ http://www.mdccorp.com/

DATASOURCE: Document Security Systems, Inc.

CONTACT: Cherrie Mahon, Shareholder Relations of Document Security

Systems, Inc., +1-585-697-7589, or Fax, +1-585-232-5960,

, or Gord Bayda, President of Mercury

Graphics, +1-306-384-8000, or Fax, +1-306-683-0075,

Web site: http://www.documentsecurity.com/

http://www.safetypaper.com/

http://www.legalstore.com/

http://www.patrickprinting.com/

http://www.mercurytickets.com/

http://www.mdccorp.com/

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