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Protecting intellectual property

A Sri Lankan based in Bangkok, Sujeewa Pieris is currently in the island seeking bankers and manufacturers who wish to protect their intellectual property.

Brand erosion is a disaster to healthy corporates and the economies of enterprising nations. Even ATM cards are being duplicated and the unlawful printing of cheque books is a growing problem, Pieris said.

Sujeewa Pieris

A company named Nano Spectrum Technologies (NST) was formed in Ohio, USA recently by a group of professors to bring advanced American technology and methodology to the market to protect intellectual property, Pieris said. Before the formation of NST, a group of technologists working in a private laboratory in Ohio had realised that there was a need for more advanced means of protecting companies' products.

This work continued over several years and as developments matured, efforts were made to introduce the technology to the marketplace. With more technologies maturing, the sponsors were led to seek a joint venture with strategically placed manufacturers to produce cost effective products, Pieris said. A joint venture was sought with a high quality manufacturer in Asia to bring both ISO certified quality and economical pricing for their developments.

In January this year, the Americans reached an agreement with Chan Wanich Security Printing (CSP) in Thailand, leading to the joint venture, Nano Spectrum Technologies, which is based in Bangkok.

Pieris is the Sales Manager of this company. The company has so far sold its products in China, Europe, Nepal, Brunei and South Asia. Pieris is currently attempting to extend his company's reach in South Asia. On April 30, NST will conduct a program on 'Anti-counterfeiting Technology for Product Simulation' at the Galle Face Hotel, Colombo.

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