Vorbeck Materials and MWV Win IDTechEx Award for Printed Electronics Product Development
December 5, 2011
Jessup, MD -- Vorbeck Materials, the leading developer of graphene-based products, and MeadWestvaco Corporation (NYSE: MWV), a global leader in packaging, have received the Product Development Award in Printed Electronics from IDTechEx for MWVs Natralock® with Siren™technology, an innovative anti-theft packaging solution.
The product uses Vorbeck' graphene-based conductive ink, Vor-ink™, in conjunction with MWV' ground-breaking packaging solutions. The security-smart packaging solution incorporates Vorbeck's graphene technology to enable an on-package alarm to protect the product from theft or tampering before purchase. The award, presented by IDTechEx CEO Raghu Das, was jointly accepted by Vorbeck CEO John Lettow and MWV Director of Open Innovation Michael Londo, at the Printed Electronics Awards dinner on November 30, 2011, in Santa Clara, CA."
"We are honored to be recognized for our work in developing real-world products using our revolutionary Vor-x® graphene technology", said Lettow. "We have been extremely privileged to work with MWV, a leader in leveraging new technology to develop innovative and impactful packaging solutions."
The unique design of Natralock® with Siren™ Technology offers significant advantages over existing security packaging devices. Embedded technology within the package itself allows exceptional security without interfering with product branding or deterring sales by requiring products to be placed behind a locked cabinet. Natralock® with Siren™ technology packaging uses an on-package alarm to provide three levels of security for retailers. The alarm sounds whenever a thief attempts to:
- Leave the store with a stolen product. The system also sets off store exit security alarms, notifying security and providing the ability to easily identify and trace the stolen product;
- Remove the product from its package (to conceal the stolen item);
- Tamper with the package, product or security device.
MWV selected Vor-ink™ after extensive testing demonstrated Vor-ink's high conductivity and exceptional flexibility. It was developed by MWV and Vorbeck Materials using the MWV Exchange, MWV's web-based open innovation portal. Siren™ technology is the world's first consumer product to use graphene.
Currently in the last stages of regionalized field tests, Natralock® with Siren™ Technology is expected to appear in select retail stores in 2012.
About Vorbeck Materials Corp.
Vorbeck Materials Corp. is a technology company established in 2006 to manufacture and develop applications using Vor-x®, Vorbeck's patented graphene material developed at Princeton University. Vorbeck launched the world's first commercial graphene product in 2009 with the introduction of Vor-ink™, a graphene-based conductive ink for electronics applications. Vor-ink™ is currently used in a range of consumer applications, and goods using Vor-ink™circuits will be available. Further information is available at www.vorbeck.com www.vorbeck.comor by emailing firstname.lastname@example.org.
MeadWestvaco Corporation (NYSE: MWV), provides packaging solutions to many of the world's most-admired brands in the healthcare, beauty and personal care, food, beverage, home and garden, and tobacco industries. The company's businesses also include Consumer & Office Products, Specialty Chemicals, and the Community Development and Land Management Group, which sustainably manages the company' land holdings to support its operations, and to provide for conservation, recreation and development opportunities. With 17,500 employees worldwide, MWV operates in 30 countries and serves customers in more than 100 nations. MWV manages all of its forestlands in accordance with internationally recognized forest certification standards, and has been named to the Dow Jones Sustainability World Index for seven consecutive years. For more information, please visit www.mwv.com.