Office of Chief Scientist Funds INKS RFID Technology
InkSure Technologies Inc. (BULLETIN BOARD: INKS) , a leading provider of covert machine-readable security solutions for the prevention of counterfeiting, fraud and diversion, and a developer of breakthrough chipless RFID technology today reported that its R&D projects (including the SARcode RFID initiative) were recently funded under a previously awarded R&D grant by the Office of Chief Scientist at the Israeli Ministry and Trade. This grant of up to USD$800,000 is to be received by the company based on actual R&D expenses and project progression.