(Information sent by the signatory company)
BEAVERTON, Ore., Dec. 2, 2022 /PRNewswire/ -- Digimarc Corporation (Nasdaq: DMRC) is pleased to announce a five-year extension to its agreement with the Central Bank Counterfeit Deterrence Group (CBCDG). The agreement, which was renewed two years earlier, is effective from January 1, 2023 to December 31, 2029.
"Digimarc is honored to be part of the global counterfeit deterrence program and is delighted to extend our agreement with the CBCDG through the end of this decade," said Riley McCormack, CEO of Digimarc. "The large-scale, global, mission-critical nature of this program is more than just validation of our business. It is a vitally important program that we are proud to support, with long-standing and deeply valued clients: central banks, with whom we are pleased to continue to partner with."
"Digimarc has been a key long-term partner in the global effort by central banks to deter counterfeiting and a major contributor to the success of the program. We are pleased to have renewed our agreement with Digimarc two years before its expiration and to have Digimarc continued support for this important work," said Erick Lacourrège, Chairman of the Executive Committee, CBCDG.
About CBCDG
The CBCDG is a group of 35 central banks organized at the request of the G10 central bank governors. Its mission is to investigate common emerging threats to banknote security and propose solutions for issuing authorities to implement.
About Digimarc
Digimarc is a world leader in product digitization, delivering business value across industries through unique identifiers and cloud-based solutions. A trusted partner in deterring global counterfeit currency for over 20 years, Digimarc reveals a product's journey to deliver intelligence and promote a prosperous, safer and more sustainable world. With Digimarc, you can finally see everything. And when you see everything, you can achieve anything. For more information, visit us at digimarc.com.
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