Kradolf, 24.04.2012

Header 1: Pantec GS Systems’ rotary hologram insetting system CHEETAH sets substantial barrier against counterfeiting 

Header 2: Pantec GS Systems’ CHEETAH, a rotary precision hologram insetting system, sets a substantial barrier against counterfeiting – no fake invoices in ShenZhen Province, China, since production started one year ago

CHEETAH, a rotary hologram application system by Pantec GS Systems, was installed about one year ago in DongPeng, a printing company governed by Shenzhen tax department, in-line into an existing flexo printing machine. Aim of the project was to set a new security standard at high efficiency level for tax invoices as they are produced – and faked - billion fold in China per year. A newly developed hologram foil in combination with CHEETAH’s high speed and very precise hologram application finally persuaded the DongPeng Managers. From today’s point of view the result is convincing: “Up to now, there has been no fake invoice to appear in the market, this is an exclusive record in the history for whole China and it’s just incredible and exciting", DongPeng officials stated.

Shenzhen, a big city in southern China, was facing big problems with fake invoices leading to huge loss of tax incomes every year. Qiu Xiaowei, DongPeng President, points out the importance for fast developing, cutting edge technologies in this context: “In the past, newly launched editions of invoices were illegally copied just after two weeks. This forced the Shenzhen government to find a new approach for anti-fake”. DongPeng trusted in new hologram technologies: “We finally succeeded to develop a high-tech scratch-off hologram foil and choose the PGS stamping machine for efficient production and extended security – because of CHEETAH’s not imitable precision of hologram insetting” the DongPeng president emphasises. Today DongPeng is more than satisfied with the performance. “The two stamping machines have been serviced well in DongPeng for almost one year. Nearly no malfunction occurred and about 600 million invoices have already been produced with full quality control.” 

About Pantec GS Systems
Pantec GS Systems, located in Kradolf, Switzerland, is specialised in efficient, high quality refining for the printing industry, providing leading in-line systems for Hot Foil Stamping and Embossing, Foil Saving, Hologram Application and Security Perforation.

http://www.pantecgssystems.com

For further details please contact: 

Media Relations 
Pantec Engineering AG
Michael Damm
Tel: +423 377 13 33| mobile: +43 664 884 24 450
michael.damm@pantec.com   

At the Company
Pantec GS Systems
Peter Frei
Tel: +41 71 644 98 98