|7/1/2013||8-K Current report filing Completion of Acquisition or Disposition of Assets|
|7/1/2013||Document Security Systems Completes Merger with Lexington Technology Group|
|5/13/2013||Document Security Systems, Inc. Announces Special Meeting of Stockholders|
|1/15/2013||S-4/A Registration Statement for securities to be issued in business combination transactions|
|12/17/2012||Merger between Document Security Systems And Lexington Technology Group on pace to close in first half of 2013|
|11/20/2012||IP Veteran Jeff Ronaldi Appointed CEO of Lexington Technology Group|
|11/15/2012||DSS Appoints Robert B. Bzdick Acting CEO|
|10/3/2012||Bascom Research, LLC Files Patent Litigation Lawsuits Against Facebook, Inc. and LinkedIn Corp.|
|10/2/2012||Document Security Systems, Inc. and Lexington Technology Group, Inc. Sign Definitive Merger Agreement|
DSS is comprised of four core operating groups, DSS Plastics Group, DSS Secure Printing Group, DSS Packaging Group and DSS Digital Group. Through these divisions, DSS provides counterfeit prevention and comprehensive brand and digital information protection solutions to corporations, governments, and financial institutions around the world. DSS has a comprehensive portfolio of advanced proprietary technologies. When implemented, these technologies can ensure the authenticity of both digital and physical financial instruments, identification documents, sensitive publications and brand packaging.
The continuing challenge presented by counterfeiting and forgery create an enormous market for Document Security Systems, Inc. For example, The 10 billion dollar U.S. label industry is a prime target for DSSI technologies due to the continuing increases in fake products and counterfeit labeling. Fortune 500 companies have reported that they spend an average of between $2 - $4 million per year to combat counterfeiting. Some have reported spending up to $10 million annually.
Document Security Systems, Inc. has technology that has proven highly effective on all digital scanning, copying and photographic reproduction processes. One application: preventing the counterfeiting of the over 37 billion checks that are printed every year. Another Document Security Systems, Inc. technology-Survivor 21-can provide authentication for Check 21 scanned images.
DSS technology has proven highly effective against digital scanning and copying equipment. With DSS Digital Group, these same technologies are moving into the digital world to protect databases in cloud server applications, disaster recovery, variable data generation through web applications with security features that print on desktop printers. This technology is invaluable to the coupon industry with the increased demand of internet coupons, law firms, medical facilities records, online retailers and mobile applications.
Another source of DSS’s growing revenue is Security Paper found on our e-commerce site, ProtectedPaper.com. This paper, with its embedded hidden messages, prevents unauthorized reproduction and opens up domestic and foreign markets for cut sheet, on-demand use by millions of companies. Recently, this website has begun offering an array of customizable security documents such as secure event tickets, secure voter ballots, secure ID cards and secure coupons. Distribution Strategy Accelerates Growth DSS has embarked on an aggressive strategy to develop partnerships and channels of distribution with security firms and consultants, scanning software and on-demand printing hardware manufacturers, printers and publishers of sensitive documents.
Our management team is equipped with the extensive knowledge of the security printing industry that only comes from years of experience in the industry.