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BrandWatch Reports 32 Percent Growth; Adds Executive Neil Ivey

Company prepares for new product launch; adds 12 new customers

CINCINNATI, June 27, 2011 – BrandWatch Technologies, an innovative developer of brand protection and anti-counterfeiting solutions, announced the appointment of Neil Ivey to the executive team as Vice President of Sales. The company and lead investors also reported a 32 percent increase in year-over-year revenue, driven by increased adoption from existing clients, and twelve new customer contracts.

“Neil is an exceptional talent for our industry who brings a rare blend of strategic insight, application knowledge and industry advocacy to our company,” said Phil Huff, CEO of BrandWatch. “His addition will help ensure our continued growth through the access to new verticals and key insights to product development.”

Ivey’s experience includes more than ten years in the security industry in the areas of brand protection and authentication; anti-counterfeiting; security; and covert and forensic technologies, as well as having developed partnerships within the federal government and multiple industry segments.
 
Ivey cited BrandWatch’s wide range of product development initiatives, innovation and mission as keys to his decision to join the company. “In the next few months, BrandWatch will be rolling out unique technology solutions that will challenge the current approach to the protection of products and documents,” said Ivey. “Upon joining BrandWatch, I will work with my colleagues to establish our company as the leader of solutions to the anti-counterfeit and brand protection markets.”

Ivey most recently served as a sales executive for North and South America for Payne Security. Prior to that, he served for five years as the Federal Business Development Director at Authentix, Inc. and earlier served as the Director of Government Affairs with the Security Industry Association. Ivey is active in the Document Security Alliance, Operation Genesius (U.S. Customs & Immigration Enforcement) and Coalition Against Counterfeiting & Piracy. He earned his MBA from the University of Maryland and BA from Kenyon College in Ohio.

BrandWatch made news recently when it partnered with France-based, Prooftag, to create a sophisticated set of protection and marketing tools for the wine and spirits industry. The solution helps domestic wineries and distilleries overcome the problems of counterfeit product and authentication in overseas markets, such as China. Additionally, BrandWatch recently secured a contract with aftermarket auto parts manufacturer SMART-O to provide product authentication technology for its supply chain, thereby easing international distribution. 

The company provides brand protection solutions for consumer product packaging, pharmaceutical, access control, personal electronics and inks/coatings. BrandWatch has also seen a rise in demand for custom multi-layered applications and proprietary detectors as its customers are seeking more sophisticated solutions to security and authentication. The BrandWatch Reveal detector provides clients with a low-cost means to do offline authentication and the company plans to release its newest detector technology later this year.

BrandWatch also offers a wide range of multi-layered, anti-counterfeiting solutions. The company’s overt technologies include bar codes, specialty inks and labels, holograms, watermarks, and tamper-evident films. Their covert technologies consist of machine-readable taggants that can be incorporated into inks, fibers, adhesives, plastics and films. The company’s forensic technologies consist of markers that can only be detected in a lab and are admissible in court.

About BrandWatch Technologies
Since 2001, BrandWatch has been providing innovative brand protection and anti-counterfeiting solutions to its customer base and industry at large. The company’s security offerings protect critical infrastructures such as agriculture, government, banking, defense, law enforcement, retail trade, transportation, and public health. BrandWatch focuses on detecting counterfeits, securing supply chains, reducing liability, identifying grey market diversion, and verifying product recycle chains. For more information, call Steve Delepine 503-285-3890 or visit the company’s website at http://brandwatchtech.com.

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