The Central Bank Counterfeit Deterrence Group and Digimarc Corporation Extend Agreement
PR99075
BEAVERTON, Ore., Dec. 2, 2022 /PRNewswire=KYODO JBN/ --
Digimarc Corporation (
) (Nasdaq: DMRC) is pleased to announce a five-year extension of its agreement
with the Central Bank Counterfeit Deterrence Group (CBCDG). The agreement,
which was renewed two years early, is effective 1 January 2023 through 31
December 2029.
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"Digimarc is honored to be part of the worldwide counterfeit deterrence program
and thrilled to extend our agreement with the CBCDG through the end of this
decade," says Riley McCormack, Digimarc Chief Executive Officer. "The
mission-critical, highly-scaled and global nature of this program is more than
just a validation of our company. It is a vitally important program we take
great pride in supporting, with long-standing, deeply-valued customers – the
central banks – with whom we are excited to continue to partner."
"Digimarc has been a key, long-term partner in the central banks' worldwide
effort to deter counterfeiting of currency and a major contributor to the
program's success. We are pleased to have renewed our agreement with Digimarc
two years before expiry and to have Digimarc's continued support for this
important work," states Erick Lacourrège, Executive Committee Chairman, CBCDG.
About the CBCDG
The CBCDG is a group of 35 central banks organized at the request of the
Governors of the G10 central banks. Its mission is to investigate the common
emerging threats to the security of banknotes, and to propose solutions for
implementation by issuing authorities.
About Digimarc
Digimarc is a global leader in product digitization, delivering business value
across industries through unique identifiers and cloud-based solutions. A
trusted partner in deterring counterfeiting of global currency for more than 20
years, Digimarc reveals a product's journey to provide intelligence and promote
a prosperous, safer, and more sustainable world. With Digimarc, you can finally
see everything. And when you see everything, you can achieve anything. For more
information, visit us at digimarc.com.
SOURCE: Digimarc Corporation
CONTACT: Lara Burhenn, Lara.Burhenn@Digimarc.com, +1 503-469-4704
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