FAQs About Authentix
When was Authentix formed?
Authentix, a pioneer and a leader in the authentication industry was formed in 2003 following the merger of Isotag Technologies and Biocode, but has over 20 years of authentication industry experience.
As a pioneer in the industry, Authentix was the first company to truly educate Fortune 500 companies and governments on the dangers of illicit trade and help them understand that counterfeiting and diversion weren’t just a cost of doing business but criminally activities that could be thwarted by technology and a comprehensive solutions-based approach.
What are the benefits for customers?
Brand protection and excise tax recovery programs benefit consumers on several levels. On a personal level, it ensures consumers that the products they are purchasing are what they say they are. On a government level, these programs help consumers by protecting tax revenues. These programs safeguard tax revenue that might otherwise be lost to illicit trade which means tax monies don’t end up lost or in the hands of criminals.
Who are the clients of Authentix?
Authentix safeguards the revenues of national government and Fortune 500 clients in the oil and gas, pharmaceutical and consumer goods industries from counterfeiting, smuggling and adulteration issues. In addition, Authentix protects the currency of six industry-leading central banks. As a trusted security partner of these clients, we do no reveal their names.
Who owns Authentix?
Authentix is a privately held company owned by The Carlyle Group, J.H. Whitney, Manti Holdings, and members of Authentix’ executive team.