ROCHESTER, NY--(Marketwired - Jul 15, 2016) - Document Security Systems, Inc. (NYSE MKT: DSS), (DSS), a leader in anti-counterfeiting and authentication solutions today announced it has added the Suquamish tribe in Washington state as a customer for its Enhanced Tribal Identification Card (ETC) product. ETCs are secure identification cards issued by Native American governing bodies as part of the Western Hemisphere Travel Initiative (WHTI.)
The addition of the Suquamish tribe increases DSS' market share in ETCs. The company was the first to produce ETCs and, with this latest addition, DSS Plastics Group now produces the identification cards for seven Native American governing bodies.
"After evaluating vendors for over two years, DSS offered us an exceptional ETC product which met all of WHTI's security requirements," said Janis Contraro, Administrative Program Manager Fisheries Department/Enrollment Office of the Suquamish tribe. "DSS was very helpful in meeting our needs and easy to work with."
The Western Hemisphere Travel Initiative was mandated by the U.S. Congress as part of the Intelligence Reform and Terrorism Prevention Act of 2004. WHTI establishes document requirements for travel by land or sea into the United States from Canada, Mexico, the Caribbean and Bermuda.
"We moved aggressively into the ETC market including investments in new equipment so we could produce the cards," said Mike Caulley, President of DSS Plastics, "as a result, we have outpaced the competition and won new customers. This is a growth market and we are well positioned to be the leading supplier."
DSS Plastics is in discussion with several other Native American tribes seeking to issue ETCs to their members. More information on DSS ETC offerings can be found at http://enhancedtribalcard.com/.
About Document Security Systems, Inc.
Document Security Systems, Inc.'s (NYSE MKT: DSS) products and solutions are used by governments, corporations and financial institutions to defeat fraud and to protect brands and digital information from the expanding world-wide counterfeiting problem. DSS technologies help ensure the authenticity of both digital and physical financial instruments, identification documents, sensitive publications, brand packaging and websites.
DSS continually invests in research and development to meet the ever-changing security needs of its clients and offers licensing of its patented technologies. For more information on the AuthentiGuard™ Suite, please visit www.authentiguard.com. For more information on DSS and its subsidiaries, please visit www.dsssecure.com.
Forward-looking statements that may be contained in this press release, including, without limitation, statements related to the Company's plans, strategies, objectives, expectations, potential value, intentions and adequacy of resources, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act and contain words such as "believes," "anticipates," "expects," "plans," "intends" and similar words and phrases. These forwardlooking statements are subject to risks and uncertainties that could cause actual results to differ materially from the results projected in any forward-looking statement. In addition to the factors specifically noted in the forward-looking statements, other important factors, risks and uncertainties that could result in those differences include, but are not limited to, the outcomes of any of the Company's litigation, its ability to raise capital, and those risks and uncertainties disclosed in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2015, filed with the Securities and Exchange Commission. Forwardlooking statements that may be contained in this press release are being made as of the date of its release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forwardlooking statements.