[08/20/08]
InkSure Technologies Inc., a provider of covert machine-readable security solutions for the prevention of counterfeiting, fraud and diversion, and a leading developer of a unique new chipless RFID technology announced that Mr. Gadi Peleg has joined the InkSure board of directors.
Mr. Peleg is the managing director of Cape Investment Advisors. His career has been marked by leadership positions in technology and sales for Oracle Corporation, and Cognos Corporation. He is also a Director of Atelier 4, a shipping and transportation company that specializes in fine art and antiquities. Mr. Peleg holds a Bachelor of Science degree from Columbia University School of Engineering and Applied Science and is a graduate of the Harvard Business School's Owner /President's Management Program.
Philip M. Getter, Chairman of the Board, stated that '' We are pleased to welcome Mr. Peleg to our board of directors." Mr. Getter noted that "Gadi has an interesting combination of technology and marketing skills that complement our business plan. His experience in introducing technology products to new areas makes him an important addition to our board."
Mr. Peleg noted that "I am pleased to join the Board of InkSure Technologies at this important time as the company completes development of its unique chipless RFID product and prepares to introduce it to the market."
About InkSure Technologies Inc.
InkSure Technologies Inc., with its corporate headquarters in Ft. Lauderdale, Florida and an R&D center in Science Park, Rehovot, Israel, specializes in comprehensive, covert security solutions designed to protect high profile brands and documents of value from counterfeiting, fraud and diversion. The Company's sales and marketing activities target a number of market opportunities, including financial, pharmaceutical, branded products, transportation, and government/institutional, on a global scale. The Company's R&D activities include the development of its SARcode chipless RFID technology for affordable item-level secure logistics and track-and-trace applications. The Company's common stock is listed on the OTC Bulletin Board under the symbol "INKS". Additional information on the Company is available on its website at http://www.inksure.com.
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