LONDON: Spectra Systems Corporation has executed a comprehensive services contract with a central bank for the development, manufacture and servicing of a sensor system for this customer. Spectra Systems is a leader in machine-readable high speed banknote authentication, brand protection technologies, and gaming security software. The contract includes $1.9 million to initiate Phase 1 development…
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Spectra Systems signs contract for enhanced counterfeit banknote detection with a major central bank
LONDON: Spectra Systems Corporation announced that it has executed a new contract with a major world central bank to enhance existing authentication sensors to detect a unique type of counterfeit notes. The contract has two phases, the first is a development phase worth $521,000 and the second phase relates to the optional upgrade of up…