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Swiss Post Converts to Hybrid Stamps

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Spectra Systems Corporation announced that Swiss Post will transition its stamp program to hybrid stamps with data-matrix codes, a move expected to increase contract revenue by approximately 40% over the remaining 5-year term, bringing the total value to approximately $1.6 million including a one-year option. This decision, following a successful pilot, signifies growing adoption of enhanced postal security and digital engagement technologies, with Spectra being the leading supplier of this technology.

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Spectra Systems Corporation, a leader in machine-readable high-speed banknote authentication, security printing, brand protection technologies, and gaming security software, is pleased to provide an update regarding its long-standing relationship with Swiss Post.

Following the successful completion of a pilot programme, Swiss Post has confirmed that it will transition its stamp programme to hybrid stamps with data-matrix codes (Hybrid stamps). Hybrid stamps offer enhanced security, improved traceability and customer engagement opportunities. This decision reflects the growing adoption of enhanced postal security and digital engagement technologies.

The transition to hybrid stamps is expected to result in an approximate 40% increase in revenue over the 5-year contract period, which commenced in 2024 and which has an additional one-year option. The value over the entire contract, including the one-year option increases its value to approximately $1.6M.

Andrew Brigham, Managing Director of the Security Printing Group, commented: "Swiss Post's decision to convert its definitive stamp programme to hybrid stamps is a significant endorsement of both the technology and our ability to deliver the product. Postal operators worldwide are seeking to enhance security, improve customer engagement and unlock new digital services, and stamps with data-matrix codes provide a proven platform to achieve these objectives."

Nabil Lawandy, CEO commented: "The full conversion to hybrid stamps by Swiss Post is a validation of our financial projections incorporating an increased use of this technology where we are the leading supplier"

Nabil Lawandy, Chief Executive Officer of the Company.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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