Document Security Systems, Inc.

Document Security Systems, Inc.

August 20, 2007 12:02 ET

CCM Research Maintains a BUY Rating for Document Security Systems Inc.

TORONTO, ONTARIO--(Marketwire - Aug. 20, 2007) - CCM Research analyst, Kipley J. Lytel, CFA, has written an update report on Document Security Systems Inc..

A rapidly growing security technology company, Document Security Systems, Inc. (AMEX:DMC) is a leader in proven patented protection against counterfeiting and unauthorized copying, scanning and photo imaging of critical documents forms, identification and packaging. The company offers a broad portfolio of anti-counterfeiting technologies, systems and products, and provides consulting for customized document security printing solutions. Document Security Systems strategy is to become the world's leading producer of cutting-edge security technologies for printed products.

In the report the analyst states that "DMC did accomplish substantial traction in sales force build-out, global expansion, alliances and new market development."

The analyst continues to state that "Year-to-date gross profit from continuing operations was $1.6 million, an increase of 103.0% compared to gross profit of $0.8 million for the first half of last year."

Regarding growth the analyst notes, "Driving the growth was significant increases in licensing revenue and early sales from DSS' new On-Demand digital solutions product suite." A free copy of the report can be found at

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The TSX Venture Exchange has neither approved nor disapproved the contents of the press release.

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