Summary
Spectra Systems Corporation invents, develops, and sells integrated optical systems in Rhode Island and internationally. It operates through three segments: Authentication Systems, Secure Transactions, and Banknote Cleaning. The company offers integrated solutions, including a system of taggant materials and sensor technology to authenticate banknotes that are used by central banks, as well as G7 country for passport security; banknote cleaning and disinfection systems that lifts sebum and other substances from the banknote through a dry process based on supercritical CO2 cleaning; and solutions to authenticate brand name products. It also provides optical materials for security and quality control, such as fluorescent and phosphorescent pigments and dyes, invisible pigments and dyes, and gasochromic response materials; customized materials and hardware solutions; and internal control systems used to verify the accuracy of transactions logged by providers of lottery and gaming operators. In addition, the company offers software and hardware systems comprising high-speed currency authentication sensors; quality control equipment for use in paper and polymer banknote manufacturing and printing; and security printers and hologram makers. The company was formerly known as Spectra Science Corporation and changed its name to Spectra Systems Corporation in June 2001. Spectra Systems Corporation was incorporated in 1996 and is headquartered in Providence, Rhode Island.
History
Spectra Systems Corporation was founded in 1987 by CEO Dr. Nabil Lawandy as Spectra Appnotech, Inc. on the basis of his research in spectroscopy. In 2003, the company was reincorporated as Spectra Systems Corporation under the laws of Delaware. The company has since grown to develop a broad portfolio of anti-counterfeiting and authentication technologies, including banknotes, articles of currency, promissory notes, identification cards, passports and other security documents.
Mission
Our mission is to provide innovative anti-counterfeiting technology, accuracy and reliable performance, in addition to dedication to customer service and support.
Vision
Our vision is to be the premier provider of innovative counterfeit deterrence solutions to the financial and security document industries by continuing to develop and deploy advanced technologies into the marketplace.
Key Team
Dr. Nabil M. Lawandy Ph.D. (Founder, CEO, Pres & Exec. Director)
Ms. Colleen Hamill CPA (Chief Financial Officer)
Mr. Amer Sidhu (Managing Director of Ics Operations)
Recognition and Awards
Spectra Systems has been the recipient of numerous awards, including the New England Governor's Technology Award, the World and Regional Innovation Awards from the Pacific Rim International Research Institute and the Massachusetts Governor's Technology Award for Excellence in Research, Development and Commercialization.
References
