YPB Group: Appoints Brand Armor as global distributor

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

YPB Group Appoints Brand Armor as global distributor

  • Anti-counterfeit and consumer solutions provider YPB Group (YPB) has appoints Brand Armor as a global distributor
  • Under the agreement, Brand Armor will be responsible for identifying and contracting global sales and distribution opportunities for YPB’s portfolio
  • The initial focus will be on YPB’s forensic anti-counterfeit solution, MotifMicro, which can read authentication marks on both flat and curved surfaces
  • Brand Armor will receive an annual fee of US$175,000 (A$244,315) and a 10 per cent commission on sales but only after exceeding US$1.75 million (A$2.44 million) each year
  • YPB is steady on the market with shares trading at 0.2 cents
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