AR Packaging AB and Cypheme SAS agreed on an exclusive strategic partnership. According to the announcement, the agreement underlined AR Packaging’s intention of acquiring an equity stake in Cypheme.
AR Packaging has developed a process to print copy resistant and random security markers combined with inline variable QR codes directly onto the packaging. At the same time, Cypheme provides an A.I. powered system capable of recognizing the printed product’s packaging marker with a neural network, using only a cell phone camera. The Cypheme technology is expected to provide a fast and easy way, accessible to anyone, anywhere, to verify the authenticity of the products adopting the solution.
By combining market insight and the FUTECO state-of-the-art technological concept of AR Packaging with Cypheme’s innovative technology, this partnership provides anti counterfeit and traceability features combined with high efficiency printing processes.
Harald Schulz, President and CEO of AR Packaging, commented:
“I am pleased to add another new feature to our wide portfolio of innovative packaging solutions in line with our set strategy. The FUTECO Security concept offers our customers a unique solution to counterfeiting detection and thereby enables them to achieve competitive and economic advantages in the market place.”
Earlier MeadWestvaco Corporation signed an agreement to sell its European-based tobacco folding carton business to AR Packaging Group
About AR Packaging Group:
The company is a maker of paperboard cartons, flexible packaging, and trays based in Lund, Sweden.