Spectra Systems (Unres)

Wednesday, Feb 29 2012 by

Executive Summary

Spectra Systems Corporation invents, develops, manufactures and markets integrated materials and systems solutions to authenticate and process banknotes and other high value documents. Its solutions include proprietary engineered consumable materials and the authentication software and hardware systems necessary to identify those materials. These integrated solutions are used by two G8 central banks and 13 other central banks for currency security, and exclusively by a G8 country for passport security. The company

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Spectra Systems Corporation provides technology-based security solutions. The Company operates in three segments: Authentication Systems Group, which captures the hardware, software and materials related to banknote, tax stamp and other high value goods; Secure Software Transactions Group, which provides an internal control system (ICS) software offering to the lottery and gaming industries, and Banknote Cleaning Group, which captures the technology related to cleaning soiled banknotes. ICS provides tools for fraud detection, money laundering, match fixing and statistical analysis. The Company develops and sells integrated optical systems across a spectrum of markets, including currency manufacturing and cleaning, branded products, industrial logistics and other highly sensitive documents. The Company's solutions include engineered materials, sensors and quality control equipment. The Company's materials are available in several forms, including particles, threads, inks and coatings. more »

LSE Price
134p
Change
 
Mkt Cap (£m)
62.8
P/E (fwd)
17.5
Yield (fwd)
4.6






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