Posts Tagged ‘speciality papers’

FOXNews.com: “The Dollar Bill Goes High-Tech”

Posted: Wednesday, December 16th, 2009
watermark in durasafe monster 397x224 300x168 FOXNews.com: The Dollar Bill Goes High Tech

A watermark in a Durasafe bill helps prevent counterfeiting. (Courtesy FOXNews.com)

Counterfeiting has never been easier. All it takes these days is a fairly inexpensive color printer, some graphic design software and a willingness to spend a few decades in jail if you get caught.

But desperate times call for desperate measures, so criminals struggling in a tough economy and savvy with advanced printing equipment have figured out how to replicate bank notes. Some bleach $1 bills and print $100 bills; others use holographic wrapping paper available at any dollar store. And it’s not just the little guy. The big guys — the major crime syndicates — have set up complex printing operations to print illegal tender in large quantities.

Fake bills look remarkably similar to the real McCoy, with intaglio (textured printing) and holographic markings.

“Internationally, we have seen a marked increase in counterfeiting in the last five years,” says Bonnie Schwab, a consultant who worked for the Bank of Canada and has advised the Central Bank Counterfeit Deterrence Group. “Causes are improvement in technology available to the general public and to the traditional counterfeiters. More and more people with little skill in design and printing are able to download images and print to desktop printers.”

Because your basic inkjet printer is constantly improving in output quality, the best way to combat counterfeiting is not to create increasingly intricate designs, but rather to improve the paper it’s printed on.

Security fibers like these are embedded in bills from Fortress Paper.

One approach is to make the printing process and substrate — the layer beneath the surface of the paper — more complex and difficult to replicate, even for the pros.

Polymer-based currency, first developed in Australia, has become common and is harder to counterfeit. In 2008, Crane Currency started using a “nano thread” for $100 bills that allows the Bureau of Engraving and Priting to embed new security features, including a strip that becomes visible only when you hold the C-note up to the light.

The U.S. Treasury has taken other measures, including the new $5 bill with its color-shifting ink, an embedded watermark, and a different color that glows for each bill when you hold it up to an ultraviolet light source. Yet according to Schwab, because U.S. bills are so popular all over the world, they are a prime target for counterfeiters, and given enough time and the right technology, criminals tend to learn even the most advanced techniques.

A new option — announced at the Bank Note 2009 Conference in Washington last week — is a hybrid paper called Durasafe, which uses a three-layer substrate made with a polymer core and a 100-percent cotton outer layer.

Made by from Fortress Paper, Durasafe’s major advancement is a transparent window that can be any shape and size. Criminals have a hard time replicating these windows because of the complex printing process involved.

“Durasafe uses two substrates with a window in between, so that rules out printers and advanced color copier machines,” says Russell Stanley, a financial analyst with Jennings Capital.

Chad Wasilenkoff, the CEO of Fortress Paper, says Durasafe is also designed to last twice as long as traditional banknote paper, which is an attractive option for national banks — especially in the U.S. where, he says, there are as many as 1 million fake bills in circulation. Durasafe-based currency will stay in circulation longer and, Wasilenkoff says, the printing costs will be similar to traditional banknotes.

“Durasafe acts like a sponge for the polymer and improves the tactility of the bank note,” says Wasilenkoff, who explained why the touch and feel of a banknote are important for the “level one” security concern, meaning the first point of contact that criminals make. In most cases, counterfeiters pass fake bills off at nightclubs and McDonald’s or Starbucks in a chaotic or low-light environment. When a bill just doesn’t feel right, the cashier might take the time to inspect the currency.

Vancouver-based Fortress would not comment on which countries may end up using the bills, due to security concerns. But the company says the first mass-produced banknotes that use Durasafe will appear in late 2010.

–By John Brandon, FOXNews.com

SOURCE:
FOXNews.com: “The Dollar Bill Goes High-Tech”

VIDEO: Fortress Paper President & CEO on BNN

Posted: Monday, December 14th, 2009
chadbnn 300x219 VIDEO: Fortress Paper President & CEO on BNN

Fortress Paper President & CEO, Chad Wasilenkoff, on BNN. Click to watch.

Fortress Paper’s President & CEO, Chad Wasilenkoff, talks to the Business News Network (BNN) about his company’s focus on non-woven wallpaper & security paper, and speaks about upcoming innovations at their Landqart Mill in Switzerland.

Watch the BNN clip HERE, or by clicking on the image to the right.

Banknote 2009

Posted: Tuesday, December 1st, 2009
banknote2009 300x86 Banknote 2009

Banknote 2009: a four-day conference focusing on emerging trends in the banknote industry.

On December 6, global banknote industry leaders will head to Washington, DC for Banknote 2009 – a four-day conference that brings together the public and private sectors to focus on emerging trends in the banknote industry.

Though the Banknote conference began in 1998 as a specialty event focusing primarily on banknote substrates, it has become more focused in recent years on changing technologies and issues specific to the production, distribution, and security of banknotes.

Presentations at this year’s conference include a large number of security-related topics including presentations on Canadian and US counterfeiting situations and trends, a discussion of safety elements on the new Danish banknote series, and a lecture on improved overt and covert security features for banknotes, among many others.

The Banknote conferences are also a chance for banknote manufacturers, producers, suppliers, etc to discuss and introduce new products to the marketplace. One such company is Fortress Paper.

The international supplier of security and specialty papers is expected to introduce their new polymer banknote paper called Durasafe – a hybrid banknote that is not only highly durable, but also includes a transparent window as a security feature – in DC during the conference.

Banknote 2009 takes place in Washington, DC from Sunday, December 6 to Wednesday, December 9.
For more information visit their website.

SOURCES:
Banknote 2009

Fortress Paper’s Irisafe

Posted: Tuesday, November 24th, 2009

irisafe 124x300 Fortress Paper’s Irisafe

An example of what Irisafe looks like when copied. Not so brilliant.


With counterfeit banknotes, ID papers, and open-air admission tickets becoming increasingly easier to produce and more frequent due to technological advances in scanning and colour printing, the need for security papers that can’t be copied is on the rise.

In response to this demand, Fortress Paper has developed Irisafe – a security feature that cannot be duplicated by colour copiers or scanners.

Irisafe is an iridescent striped coating that is integrated into security papers and is characterized by brilliant and changing colours when you change the angle of view.

If an Irisafe stripe were present in a $20 bill, for example, the radiant colours on the stripe would change when you moved the bill at various angles – easily visible to anyone, even in less than optimum light conditions.

To further enhance the security feature, more than one stripe can be used on the same security paper.

By placing two or three different coloured iridescent stripes next to each other, the colour change between the different stripes is amplified and intensified to the naked eye when the angle is changed.

A colour copier cannot reproduce either the brilliancy or the change of colour. At best, a photocopied forgery will show spotty stripes instead of the trademarked Irisafe qualities.

On top of all this, various machine-readable invisible tracer substances and pigments can also be integrated into the stripes, further increasing the safety provided by Irisafe.

Fortress Paper Announces Record Profits

Posted: Sunday, November 15th, 2009

This week Fortress Paper Ltd. announced a 52 per cent rise in quarterly profits, showing that while many companies are struggling during this period of economic downturn, they are thriving.

The company – which produces non-woven wallpapers as well as security and specialty papers (such as bank notes) – reported net income of $3.5 million for the third quarter of 2009, an increase of $1.5 million from the same quarter last year. The increase in profits earned shareholders $0.38 per share, up more than ten cents from last year.

Fortress Paper credits a strong quarter in banknote paper sales from its Lanqart mill coupled with consistent positive results at their Dresden mill:

“As the year has progressed it has become apparent that our mills have been able to endure the economic crisis and produce healthy results,” the company said in a press release this week. “The market for security papers, which includes bank notes, passport paper and other high security papers, continues to show strength and our order book for wallpaper base is experiencing its highest level of demand since the economic downturn.”

SOURCE:
Fortress Paper
FORTRESS PAPER ANNOUNCES RECORD THIRD QUARTER 2009