Authentix Completes Growth Equity Raise of $15 Million in Support of Currency and Brand Protection Contracts

Authentix, the Global Leaders in Authentication, announced today that it has completed a growth equity raise of $15 million in Series C Preferred Stock. The funding, all of which came from existing investors, enables Authentix to continue to execute on its strategy of expanding its Currency business unit, specifically its high-speed banknote sensor platforms, as well as continue to invest in its core authentication and brand protection capabilities in key industry verticals including oil and gas, pharmaceuticals, spirits and personal care. In addition, the funding enhances Authentix’ ability to pursue strategic acquisitions of complementary technologies.

Authentix’ involvement in the banknote authentication and high-speed sensor market has seen expansive growth. Since entering the banknote industry in 2006, Authentix has secured contracts with six industry-leading Central Banks. Authentix provides a complete Banknote Sensor Platform which includes security inks, security taggants and high-speed sensors that assess banknote authenticity and fitness to ensure the quality of every note a Central Bank has in circulation.

The equity raise came from Authentix’ existing shareholder base, which includes The Carlyle Group, J.H. Whitney, Manti Holdings, and other shareholders including members of Authentix’ executive team.

“The Authentix team is very fortunate to be supported by such a great group of investors who believe that sustainable business growth results from creating long-term value for our customers,” says David Moxam, Chairman, Authentix. “The strong support from our investors will enable the Authentix team to continue to find innovative solutions for our customers and increase our geographic reach.”

About Authentix

Authentix®, the Global Leaders in Authentication, provides brand protection, excise tax recovery, and supply chain security solutions to governments and Fortune 500 companies around the world. Since 2003, Authentix has helped safeguard clients in the oil and gas, pharmaceutical and consumer goods industries from counterfeiting, smuggling and adulteration issues. In addition, Authentix protects the currency of industry-leading central banks. Innovative nano-scale engineering, serialization authentication expertise and cutting-edge sensor knowledge help Authentix create effective customized solutions that address each client’s needs. To date, Authentix has helped recover $11 billion in lost revenue for our clients. For more information visit www.authentix.com.