STOCKHOLM, Aug. 28, 2020 /PRNewswire/ -- Through close
collaboration, CCL Secure Ltd ("CCL") and Rolling Optics have
succeeded in integrating Rolling Optics' unique 3D technology into
CCL's process of manufacturing polymer banknotes. The product being
launched is called CINEMATM and it enables the
complete integration of Rolling Optics' security effects as early
on as during the first stage of manufacturing the banknote
substrate. This is exemplified through the manufacture and launch
of a "House Note", a banknote without a country and with neutral
motifs featuring the CINEMATM effect.
View the "House Note" here:
https://cclsecure.com//Cinema/ or
https://player.vimeo.com/video/448480713
With about 80 percent of the market, CCL is the world's biggest
producer of polymer banknotes and currently supplies 24 countries
with polymer banknotes in over 140 denominations. Today CCL
produces about 4 billion banknotes a year, having produced, in
overall terms since starting in 1989, more than 60 billion
banknotes by the end of 2018.
With countries like Canada and
the UK among the customers recently switching from paper banknotes
to polymer ones, more countries are expected to follow suit. CCL is
the leading actor in the transformation of the banknote market,
whereby polymer substrate and hybrid substrate are replacing
traditional paper banknotes. Polymer banknotes are regarded as
being more sustainable and environmentally-friendly, as well as
being more hygienic and difficult to copy than paper banknotes.
Rolling Optics has been collaborating with CCL Secure
(previously Innovia Security) since 2015. An agreement between
Rolling Optics and CCL provides CCL with a non-exclusive licence to
integrate Rolling Optics' technology into banknotes, with Rolling
Optics obtaining a royalty for each manufactured and sold banknote
featuring its 3D technology.
This partnership with CCL is of strategic significance to
Rolling Optics, paving the way for significant long-term
opportunities in the High Security business sphere. As regards
2020, however, this collaboration is expected to have a limited
impact on Rolling Optics' turnover and results.
- The greatest acknowledgement a new technology can get in the
security industry is being integrated into banknotes. This is a
sector with long development and sales cycles, but now we're there.
The first limited-edition commercial banknote, a commemorative
banknote featuring Rolling Optics' technology, is expected to be
issued within a year. Following that, we expect the first
high-volume commercial banknote to be launched over the coming
years. The banknote market in itself is a sector in long-term
decline, in step with other payment solutions emerging. However,
numbers of banknotes are expected to increase globally and we thus
believe that this segment will be generating significant revenues
for Rolling Optics for many years to come, says Axel Lundvall, CEO of Rolling Optics.
About Rolling Optics
With its roots in the Ångström Lab at Uppsala University, Rolling Optics develops,
designs, produces and sells products in visual authentication. In
developing the world's most high-resolution printing technology,
the company has enabled the manufacture of micro-optic images with
unbeatably realistic 3D effects. Rolling Optics offers micro-optic
security solutions in three business spheres; High Security,
where Rolling Optics' 3D technology is integrated into documents
issued by banks and government agencies, e.g. banknotes, passports
and ID cards; Brand Security for companies wanting to
protect their brands from forgery and to guarantee authenticity
using Rolling Optics' 3D materials in or on their packaging and
products, and Brand Identity, which incorporates customers
who, in addition to enhanced security, also wish to use Rolling
Optics' 3D effects as a differentiation strategy in brand building
and attention creation. Please visit www.rollingoptics.com.
Rolling Optics Holding ABs stock is traded on the Nasdaq First
North Growth Market using the acronym RO. The company's Certified
Adviser is Erik Penser Bank, tel +46 8 463 8300, email
certifiedadviser@penser.se, website www.penser.se.
For further information, please contact:
Axel Lundvall
CEO of Rolling Optics
+46 (0) 73-778-2428
axel.lundvall@rollingoptics.com
This information was brought to you by Cision
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SOURCE Rolling Optics