Meta Materials to preview new KolourOptik strip at Banknote & Currency Conference 2022
HALIFAX, N.S. / ACCESSWIRE / February 17, 2022 / Meta Materials Inc. (the “Company” or “META®”) (NASDAQ: MMAT)(FSE: MMAT), a developer of high-performance functional materials and nanocomposites, today announced that its security products business, Nanotech Security, will preview a new technology, KolourOptik® Stripe, at The Banknote & Currency Conference 2022.
The META Nanotech team will be attending the Banknote & Currency Conference February 21-24, 2022 in Washington, DC Organized by Currency Research, this key event is a definitive forum on emerging trends and cutting-edge technologies in the banknote industry. Bank. At the event, registered attendees will be able to experience a demonstration of our upcoming new nanostructure features based on KolourOptik Stripe, which uniquely incorporates more color, greater motion and 3D depth from all angles to complement and secure a history of banknote design.
“KolourOptik Stripe is designed to deliver ultimate banknote security with engaging and intuitive authentication effects,” said Brian Donnelly, Executive Vice President, Sales at META. “We look forward to pre-launch discussions with partners, ticket designers, technical experts, policy makers and issuing authorities as we showcase our new technology and its customizable effects.”
KolourOptik is a patented visual technology exclusive to the government and banknote market and combines sub-wavelength nanostructures and microstructures (also called metamaterials) to create modern overt security features with a unique and customizable optical effect . Once launched, KolourOptik Stripe will be the latest in a line of plasmonic technology products after M2 and KolourDepth™ and is expected to be one of the largest applications in the optical metamaterial industry.
KolourOptik Stripe and its customizable effects are intended to help central banks and governments protect the public from currency counterfeiters and counterfeit-related economic losses. This is a unique opportunity to meet the META Nanotech leadership team in person and learn how nano-optical technology is driving efficiency and security to keep cash a viable and accessible payment instrument. . Contact us to request a quick sample, book a meeting at the Banknote Conference, or learn more about META’s Nanotech offerings for currency protection.
On October 5, 2021, Nanotech Security Corp. became a wholly owned subsidiary of Meta Materials Inc. Nanotech specializes in the design, origination, recombination, and mass production of nanotechnology-based films with applications for a wide variety of products and markets. Our customizable patented nano-optics include visual authentication technology with a unique combination of multiple colors, 3D depth and omnidirectional movement. Visually appealing visible and hidden security features are nearly impossible to duplicate and protect government documents, banknotes and other customer assets while providing a memorable viewing experience. Nanotech LumaChrome™ optical thin film security features have been used in more than 30 banknote denominations.
About Meta Materials Inc.
META® delivers previously unattainable performance, in a range of applications, by inventing, designing, developing and manufacturing durable and highly functional materials. Our extensive technology platform enables leading global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive and clean energy. Our nano-optical technology provides anti-counterfeit security features for government documents and currencies and authentication for brands. Our achievements have been widely recognized, including being named Lux Research Innovator of the Year in 2021. To learn more, visit www.metamaterial.com.
This press release contains forward-looking information or statements within the meaning of Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, relating to the Company, which may include, but are not limited to, statements regarding business strategies, product development, expansion plans and activities operations of the Company. Often, but not always, forward-looking information can be identified by the use of words such as “pursuing”, “potential”, “predicted”, “projects”, “research”, “plans”, “expects”. , “intends”, “plans”, “believes” or variations (including negative variations) of these words and phrases, or statements that certain actions, events or results “could”, “might”, “should”, “would” or “would” be taken, occur or be carried out. These statements are based on the Company’s management’s current expectations and outlook of future events and are based on assumptions and subject to risks and uncertainties. Although the Company’s management believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. The forward-looking events and circumstances discussed in this release may not occur and may differ materially due to known and unknown risk factors and uncertainties affecting the Company, the capabilities of our facilities and their expansion, research and development projects of the Company, the market potential of the Company’s products, the Company’s market position, the scalability of the Company’s production capacity, the ability to engage new customers, the timing of the selection programs of materials, the ability to reduce production costs, improve metamaterials manufacturing capabilities and expand market reach into new applications and industries, the ability to accelerate time-to-market plans, the possibility of new contracts customers, the ongoing commitment of our employees, the technology industry, strategic and operational market activities and the ability management to manage and operate the business. Further details of these and other risks that may affect the Company’s business are described under the heading “Forward-Looking Information” and under the heading “Risk Factors” in the Company’s Form 10-Q. filed with the SEC on November 15, 2021, in the company’s Form 10-K filed with the SEC on March 18, 2021 and in the documents subsequently filed by Meta Materials with the SEC, which are available on the website of the SEC at www.sec.gov. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in the forward-looking statements, there may be other factors that cause the actions, events or results differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether whether as a result of new information, future events, or otherwise, except to the extent required by law.
Vice President, Corporate Development and Communications
Meta Materials Inc.
Senior Vice President
Email: [email protected]
THE SOURCE: Meta Materials Inc.
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