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