Business News

InkSure Technologies Reports Results

Wednesday 12. November 2008 - InkSure Technologies Inc. (BULLETIN BOARD: INKS) , a leading provider of covert machine-readable security solutions for the prevention of counterfeiting, fraud and diversion, and an important developer of chipless RFID technology today reported its operating results for quarter and nine months period ended on September 30, 2008.

Philip M. Getter, Chairman of the Board, observed that “We are very pleased with the progress that the Company has made. This is one of the best third quarters that the Company has reported in several years. These results are an indication that the programs and sales efforts put in place by our team are having the positive impact on our sales and operating profits that they were designed to achieve. We continue our efforts to increase shareholder value.”

Yaron Meerfeld, Chief Executive Officer, noted that “These positive results are reflective of the continued effort of management to contain costs while maximizing sales opportunities.” Mr. Meerfeld continued, “I am very pleased that we have been able to make this report during a period marked by financial turbulence. We continue to manage the risks in international markets to take advantage of our strong product line. Although we maintain our caution, we are optimistic regarding our new RFID product and our near term results.”