To: Bo Didley who wrote (24 ) 11/18/1998 4:11:00 PM From: OFW Respond to of 227
DENVER, Nov. 18 /PRNewswire/ -- Optical Security Group, Inc. (Nasdaq: OPSC), today announced that it has been named as the exclusive supplier of anti-counterfeiting labels to Turner/Time Warner's World Championship Wrestling (WCW). This relationship was facilitated through WCW's exclusive licensing agent, Leisure Concepts, Inc., a division of 4Kids Entertainment (Nasdaq: KIDE). "OpSec is pleased to have been chosen as the official supplier to WCW," said Ed Dietrich, President of OpSec US. He added, "OpSec has taken a leadership role in the protection of licensed products throughout the world. Our anti-counterfeit programs now protect the leading sports and entertainment licensees in North America, South America and Europe, and we are honored to add WCW to our list of prestigious clients." "WCW is one of the fastest-growing licensed properties in the country right now," said Casey Collins, Licensing Manager for WCW. He added, "Unfortunately, there are a lot of people trying to illegally capitalize on our success by stealing our wrestlers' images and logos. Counterfeit merchandise not only takes away royalties from our wrestlers, but the inferior quality of merchandise is a threat to the entire WCW/nWo brand. In order to protect our wrestlers' images and maintain the integrity of the license, WCW has initiated a program called 'No Knock Off' to assure our fans that they're purchasing genuine WCW/nWo merchandise. This anti-counterfeiting program will include several levels of security devices intended to authenticate WCW/nWo products to fans, retailers and law enforcement." Collins added, "We're excited to add OpSec as our latest weapon against counterfeiters. OpSec's holographic hangtags, holographic labels and woven labels with security features are another powerful step to protect WCW from counterfeiters, OpSec's security devices will provide even more ammunition for WCW's investigators to arrest counterfeiters and prosecute them to the fullest extent of the law." "The importance of this program is both to the customer, as well as to the licensee," commented Carlin West, Vice President Marketing, LCI. She added, "The licensee needs to be assured that the brand has integrity and is not being offered by unlicensed manufacturers. This program will give them that assurance." OpSec is a leading provider of imaging technology and optical coatings, which are employed in tamper-evident packaging labels; authenticating labels; threads and tags for branded product protection and for authentication of critical machine parts and pharmaceuticals. OpSec's laminates and security foils are used to protect against counterfeiting of documents of value, checks and cards. This press release contains forward-looking statements that involve risks and uncertainties, which could cause the Company's actual results to differ materially from the results discussed herein. Factors that might cause such a difference include, but are not limited to, changes in demand for the Company's products and services, changes in the level of operating expenses, competitive conditions and product supply. Recipients of this press release are cautioned not to place undue reliance on the forward-looking statements made herein. OpSec's corporate offices are located in Denver, Colorado. SOURCE Optical Security Group, Inc. -0- 11/18/98 /CONTACT: Julie A. Holland, Corporate Executive Assistant of Optical Security Group, Inc., 303-534-4500/