First Central Bank Order - Fusion Polymer Banknote
First central bank order received for Fusion polymer banknote substrate from Central Bank of Egypt.
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Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies, security printing and gaming security software, is pleased to announce that the Company has received its first order for FusionTM polymer banknote substrate from the Central Bank of Egypt. The order is for a substantial number of banknotes and whilst the revenue from the order is not material in the context of the Company’s expected revenue for the year ending 31 December 2026, its significance lies in Spectra having qualified FusionTM substrate with a major central bank for the first time.
- Nabil Lawandy, Chief Executive Officer, stated: “We are delighted to have qualified our substrate with the Central Bank of Egypt (CBE) which has one of the highest quality standards in the industry. We are optimistic that this order will be followed by an invitation to bid in the next CBE tender”
Nabil Lawandy, Chief Executive Officer of the Company.
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