The Holography Times

January 2009 | Vol. II | Issue V

TM

Endeavour to safe guard products & people

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Holographic Stripe

SP
Special Report

EN CIM E
Source: wikipedia.org

CANADIAN DOLLAR JOURNEY

The fight against Counterfeiters
ALSO G&Ds revolutionary technology for security documents Innovative Blackline magnetic foil solutions by KURZ New generation Hologram ID Cards in 2009 BAYER joins hands with Ultimate Holographics Report on Holopack-Holoprint 2008 Industry Updates and more
The Holography Times is a quarterly newsletter published by HoMAI.
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Presidents Message
Dear Members, Wishing you all a happy and prosperous New Year 2009! Few would have anticipated the extent of circumstances and events over the past several months that have changed our world in so many ways. Thus it is with renewed spirit and warmest of wishes that I take this opportunity to reach out, to you, and your families; wishing the very best for the year ahead. Also, I would like to take this opportunity, to express, my heartiest congratulations to all members of the holographic community, on the 10th anniversary of HoMAI. Started in 1998, with an aim to promote the Indian hologram industry, the association has been proactive creating new vision for constant growth and achievements over these 10 years. Established with a 10 member committee and an industry size of Rs 60 crores, the association today has grown to more than 32 members and an industry of over Rs 400 crores. This growth would not have been possible without the efforts and unconditional support of the community. As we celebrate this achievement, I would like to convey my sincere gratitude to all members and friends for their valuable contribution, in leading this association to greater heights. On this day, I acknowledge the role of the founder governing body and board members, for their commendable efforts in making this organization a mark of authentication, reliability & security. Another witness to Indian Holographic Industrys achievement this year has been the felicitation of the Brian Monaghan Award by IHMA to the Chairman of Holostik India. I believe that this award recognizes the Indian holographic industrys exceptional commitment and contribution at the global level. The credit for this honour goes to the entire holographic community and members. I assure that this award would further re-energise HoMAI in its journey towards excellence. Today the biggest challenge for hologram manufacturers is to keep ahead of technology so that our products (holograms) are beyond the reach of counterfeiters. It is my pleasure to inform all hologram users that any attempt to duplicate a hologram will not be successful since HoMAI is in the process of developing an anti-counterfeiting cell (policing unit) with the objective to stop all attempts to make a look-alike or copy cat of genuine holograms. I assure you that we are committed to the on going development and creation of a knowledge rich association , which, with the combined effort of hologram manufacturers, representatives in government departments, and brand owners will win this battle against counterfeiting. I seek your valuable advice and support to move towards a shared future. I once again thank you all for your support and wish you a great year ahead! Warm Regards,

In this Issue
News Bytes 3-5 Corporate News Company Profile 6 7

Holoflex growth with innovation

Do You Know? Case Study:

8 9

CANADIAN DOLLAR
The fight against counterfeiters

Report on Holopack-Holoprint 2008

14

U.K. Gupta (President-HoMAI)

Event & Conference

15

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News Bytes

G&Ds revolutionary technology for Security Documents

G
have been combined in this form. The new security device not only provides maximum protection against forgery, but also enables the authenticity of documents to be checked rapidly and simply with the naked eye. The LPP works by integrating three separate security features, each of which provides a high level of security. The solution is based on Kinegram optically variable device technology in which an image integrated in the document creates a different illusion of movement depending on the angle from which it is viewed. Optically variable devices (OVDs) are already being employed today as a security element in a variety of applications, including banknotes, passports, and other forms of ID document such as vehicle registration papers. The second feature of G&Ds new LPP technology is that it also contains a ghost image integrated in the OVD. This is a laser image engraved in the transparent OVD lm showing a miniaturized mirror image of the document-holders photograph. The third personalized element of the new device is a laser-produced engraving in the OVD that stands slightly proud of the surface and can thus be detected with the ngertips. The document-holders birth date or eye color, for instance, can be recorded here. The laser process used to produce the ghost image and engrave the other personalized details results in a document in which the holders personal data are inseparable from the Kinegram image. This unique combination of three security elements provides effective protection against manipulation or forgery of the personalized card or data page. The LPP technology is suitable for use in all types of high-security ID documents, including identity cards, drivers licenses, healthcare cards, and passports containing a machinereadable PECSEC or polycarbonate data page.
Source:http://www.mag-securs.com

iesecke & Devrient G&D), a leading supplier of banknote paper, banknote printing, currency automation systems, has announced a new technology the Laser Personalized Patch (LPP) which will signicantly enhance protection against the counterfeiting of all kinds of ID documents. The product is G&Ds response to the demand for increased security and meets the need for a simple but reliable means of verifying the authenticity of documents in real time. Hans Wolfgang Kunz, who heads the Government Solutions business unit at G&D, describes the advantages of the new technology: This is the rst time that multiple security elements for ID documents

Innovative Blackline Magnetic foil solutions by KURZ

developed a new product line BlackLine Magnetics. This new product line offers the ability to achieve more sophisticated designs for cards with black magnetic stripes. Kurzs focus during the design development was to produce a black magnetic foil with a modern grey or silver overprint in three different shades, which is intended to elevate card designs and/or simply replace a black magnetic stripe with a superior one. The foil is available in three grades for three varied creations: Grade 1 is the most restrained version, which is only visible at close inspection for discreet decoration. Grade 2 is a ligree pattern creating a high-end look, while grade 3 is the real eyecatcher with exciting design.
Sources: www.kurzin.com

ontinuous research and development is a major part of KURZs philosophy. The company has extended its range of foils and

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News Bytes

The Holography Times

New generation hologram ID Cards in 2009

F
rom 1st January 2009, Polish police will be using new, standardized identication cards.The cards will be plastic with increased security measures such as multiple holograms and the word POLICJA written across the top. The new cards are a standardization for the whole country, ensuring that it is not as easy to illegally pose as a policeman and abuse the position. Last year too, CHESTER-based rm UreLife has launched UKs rst pre-paid debit card which is aimed primarily at the nations teenagers with the company saying it wants to introduce a new generation to the cashless society. 20 years, 21+ years and 60+ years. Cards are colour-coded according to the age category of the cardholder and a colour photograph, PASS hologram and printed date of birth makes the card unique. The UreLife card incorporates a unique numbering system that allows online retailers to easily and automatically reject payments from underage purchasers. The long number on the card - required for online and telephone payments - directly corresponds to the cardholders age-bracket.
Source: Techtree.com

The UreLife Card, combines a prepaid Visa debit card with a colour photograph of the holder and Government approved proof-of-age hologram. The card is available to anyone from the age of 12 upwards and is available according to age groups; 12-15 years, 16-17 years, 18-

Latest holographic image creation technique

The new technology

is based on integral photography. This procedure in creating the hologram includes taking pictures of the subjects in normal lighting conditions.
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urrent methods of holographic photography might turn redundant in a few years time if the researchers at a Tokyo institute manage to ne tune their latest holographic image creation technique. Current technology warrants the use of lasers and darkrooms for the production of holographic images because it is required to shoot the subject separately with red, green and blue laser beams before all the images can be superimposed to give that holographic effect. The new technology is based on integral photography. This procedure in creating the hologram includes taking pictures of the subjects in normal lighting conditions. A video camera is used for this purpose. This camera has

a y-eye lens composed of a number of micro lenses. The same y-eye lens is used to display 3D images. A computer decodes the images shot by the camera and processes them into a 3D image with separate processing units for RGB colors. Each of these units can be processed separately and then merged together again and synthesized. The result is a realtime live holographic video. The technique is limited only to small images right now - however, it is expected that the technology will evolve over the next couple of years to display larger holographic images.
Source: Techtree.com

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News Bytes

OpSec combines holography to medical application

O
pSec Security, a company that provides an array of anticounterfeiting technologies, services, and programmes to governments and corporations worldwide, has in association with a global medical technology manufacturer developed a Reprocess Indicator that can be afxed to a medical device to notify whether a medical device has been reprocessed or not. When the label is exposed to liquids that are used to clean devices, a latent message is visible, warning the user that the instrument has been reprocessed. The label itself is multilayered and incorporates optically variable security technology to safeguard against counterfeiting. The label, which is available to medtech OEMs, can be implemented on devices of various sizes and reprocessing of single-use devices, has stressed the need for followthrough in this consultation. OpSec director of development David Downes said that The Company we are working with on this project wanted something that would tell the surgeon that a device has been reprocessed. In many cases, they just dont know. The label is designed to make the surgical team aware of the devices condition and, prevent proliferation of reprocessed single-use devices. The medical manufacturer that is participating in the development of the technology is in nal stages of rolling out the label which will be used on the mosthigh-value products of the company portfolio.
Sources: www.opsecsecurity.com

congurations. This Reprocessed SUD Warning technology will particularly be of importance since both patients and physicians are often left in the dark about whether a medical device has been reprocessed or not. Eucomed chief executive John Wilkinson, applauding the European Commissions publication in May of a public consultation on the

India shining at HOLOPACK-HOLOPRINT

he Indian hologram industry reached new heights as witnessed during HOLOPACKHOLOPRINT 2008, in Toronto. Technical excellence and innovative applications were the overarching themes of IHMAs Excellence in Holography Awards, which were presented at HolopackHolo-print. Mr. U K Gupta, CMD of Holostik India received the prestigious Brian Monaghan Award 2008 for

business innovation. He is also one of the founders of the Hologram Manufacturers Association of India (HoMAI), serving as its rst and current President. Mr. Gupta is the rst Indian national to be bestowed with such a prestigious international honor. According to the IHMA, the Indian hologram industry owes much to his vision and energy and probably wouldnt exist in its current vigorous form without his contribution.

Also, two other HoMAI members were elected on IHMA board. Mr. G S Dhillon was reappointed as IHMA Asia Director while Mr. Manoj Kochar was elected as IHMA, Asia Deputy Director. Indian suppliers also made their strong presence felt at the exhibition as Giriraj Foils & Rasik Products successfully exhibited in the conference.

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Corporate News

The Holography Times

Bayer Material joins hands with Ultimate Holographic

ayer MaterialScience, one of the worlds largest polymer companies and Canadian-based Ultimate Holographic Reproductions Inc. (UHR), global supplier of high quality, true-color holographic images, entered into a joint development agreement in November 2008. The goal of the agreement is to advance the broad commercialization of highquality, true-color holographic images. Bayer MaterialScience is supplying color-sensitive photopolymers that are ideal for the mass replication of the true-color master holograms produced by Ultimate Holographic Reproductions. Full-color holograms

have potential uses in a broad spectrum of applications like the advertising industry, packaging and entertainment sectors, product design and manufacture of high-quality print products. Although there have been many attempts to produce holographic images suitable for broad market use, they usually failed due to the lack of appropriate materials for mass production. The collaboration between UHR and Bayer MaterialScience creates an ideal basis for covering the demand of the global market place comments Vivona, Vice President, Marketing and Sales

at UHR. The new photopolymer lm that Bayer MaterialScience plans to launch commercially in 2010 has several advantages over other holographic materials. For example, it is easy to process and environmentally robust. It can also be exposed by laser light in one or more colors. The three-dimensional images that will be created by UHR will have high contrast, excellent color and superb image quality. Moreover, there is no need for wet chemical or heat treatment to develop the holograms after they have been exposed.
Source: www.bayermaterialscience.com

Corporate Social Responsibility by Everest Holovision

he prime objective of any business he prime objective of any business is to make prots for itself and is to make prots for itself and for for its shareholders. Though prots its shareholders. Though prots are are important, companies also have an important, companies also have an obligation to the society in which they obligation to the society in which they conduct their business activity. One conduct their business activity. One such company that lives by this principle such company that lives by this principle is Everest Holovisions Ltd, an ISO 9001 is Everest Holovisions Ltd, an ISO 9001 certied holographic manufacturing certied holographic manufacturing company, contributing to the good company, contributing to the good of society. Mr. K.Y.Shah, Technical of society. Mr. K.Y.Shah, Technical Director, Everest Holovisions Ltd Director, Everest Holovisions Ltd informed us that out of the numerous informed us that out of the numerous activities that they have done for the activities that they have done for the upliftment of society, some of them upliftment of society, some of them include setting up and maintaining a include setting up and maintaining a Reverse Osmosis water ltration plant Reverse Osmosis water ltration plant providing clean drinking water to providing clean drinking water to more more than 1000 students, adoption of a than 1000 students, adoption of a village

T T

village in Khanvel, U T of Dadra Nagar in Khanvel, U T of Dadra Nagar Haveli, Haveli, providing food twice a day to providing food twice a day to around around 100 malnutrition children. 100 malnutrition children. Also, since the importance of Also, since the importance of reforestation and planting of trees reforestation and planting of trees has been understood to save the has been understood to save the environment, Mr. R.D. Surana, CMD environment, Mr. R.D. Surana, CMD of the company has shared with us that of the company has shared with us that Everest Holovisons Ltd along with Everest Holovisons Ltd along with Hariyali a NGO, provides seeds to Hariyali a NGO, provides seeds to the devotees who visit the holy place of the devotees who visit the holy place of Pandharpur (A place of pilgrimage for Pandharpur (A place of pilgrimage for the Hindu community). The devotees the Hindu community). The devotees while walking with a stick from with a stick from while walking surrounding places, around 100 kms places, around 100 kms surrounding away, make a small hole at the side away, make a small hole at the side of the road in which a seed is placed of the road in which a seed is placed which would germinate into a tree. In which would germinate into a tree. In

the spirit of saving the environment the spirit of saving the environment the company has future plans of using the company has future plans of using solar energy for providing hot water to solar energy for providing hot water to community hospitals. community hospitals. In todays age, where organisations need In todays age, where organisations need to consider the interests of society by to consider the interests of society by taking responsibility for the impact of taking responsibility for the impact of their activities on customers, suppliers, their activities on customers, suppliers, employees, shareholders, communities employees, shareholders, communities and other stakeholders, as well as the and other stakeholders, as well as the environment, if each company takes environment, if each company takes it upon itself to work and contribute it upon itself to work and contribute towards the betterment of society, then towards the betterment of society, then the combined efforts would lead to a efforts would lead to a the combined better and stronger tomorrow. and stronger tomorrow. better
Source:www.everestholovision.com Source:www.everestholovision.com

JDSU names Thomas Waechter President & CEO

ilpitas, California, JDSU a leading provider of innovative optical solutions for medical/ environmental instrumentation, semiconductor processing, display, brand authentication, aerospace and defense, and decorative applications announced the appointment of Thomas Waechter as the new president

and chief executive ofcer. He had take the new position from January 1, 2009. Mr. Waechter is also appoint to JDSUs Board of Directors. JDSU was in news in last year when it acquired American Bank

Note Holographics. ABNHs security hologram technologies and JDSUs optical security offerings combine to deliver a market leading portfolio of integrated overt and covert security solutions for authentication and brand protection.
Sources: www.jdsu.com

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Company Prole

Holoflex growth with innovation

H
oloex Limited is one of the leading manufacturers of Holograms and allied products in India. An ISO 9001:2000 & ISO 14001:2004 Certied Company - Holoex Limited is recognized worldwide as one of the most innovative and development-oriented product and document security solutions provider. Holoex has state-of-the-art manufacturing facility in Kolkata houses some of the most sophisticated machinery available in the country required for secure and high quality security applications. As one of the pioneers of this technology in India, Holoex Ltd. entered a nascent market, which needed extensive education on the concept of holograms. Today Holoex Ltd. provides a variety of customized holographic solutions to various government departments in India as well as numerous corporate houses in India and across 22 countries all over the world through its oces in Kolkata, Mumbai, Delhi, Chennai, Guwahati and various agents across the globe. Member of the International Hologram Manufacturers Association (IHMA), London, an exclusive body under the aegis of the Anti-counterfeit Bureau, International Chamber of Commerce, London, Holoex is also the Founder-Member of Hologram Manufacturers Association India (HoMAI), New Delhi the parent body of Indian Hologram manufacturers. Holoex has been acclaimed nationally & globally for its obsession to quality and focus on product innovation through various awards and commendations from IHMA & HoMAI. Holoex was awarded as the winner in the Best Hologram Label Category of IHMA Awards consecutively in 2003 & 2004. Back home Holoex achieved similar feats at HoMAI Awards. Additionally, Holoex have bestowed the honor of being the fastest growing company in the eld of holography consecutively in 2007 & 2008 by HoMAI.
www.holoex.com

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Do You Know?

The Holography Times

First banknote
The rst real paper currency was Jiaozi introduced in the Song dynasty (960-1279). Song Dynasty Jiaozi, the worlds earliest paper money

List of few countries using hologram on currency

Name of Country Canada Britain South Korea Japan Bulgaria Andorra Hong Kong Austria Belgium Cyprus France Finland Germany Greece Ireland Italy Luxembourg Malta Monaco Portugal Slovenia Spain Currency Canadian Dollar Pound Sterling Won Yen Lev Euro Hong Kong Dollar Euro Euro Euro Euro Euro Euro Euro Euro Euro Euro Euro Euro Euro Euro Euro Note 5, 10, 20, 50 & 100 10,20 & 50 1000, 5000 & 10,000 10,000 & 5000 1,2,5,10,20,50 & 100 5,10,20,50,100,200 & 500 20,50,100,500 & 1000 5,10,20,50,100,200 & 500 5,10,20,50,100,200 & 500 5,10,20,50,100,200 & 500 5,10,20,50,100,200 & 500 5,10,20,50,100,200 & 500 5,10,20,50,100,200 & 500 5,10,20,50,100,200 & 500 5,10,20,50,100,200 & 500 5,10,20,50,100,200 & 500 5,10,20,50,100,200 & 500 5,10,20,50,100,200 & 500 5,10,20,50,100,200 & 500 5,10,20,50,100,200 & 500 5,10,20,50,100,200 & 500 5,10,20,50,100,200 & 500

First in Holography
ME SPECI N

The rst kinegram banknote, the 1988 Austrian 5000 Schilling note (Mozart)

Counterfeit market in India:

Face value of counterfeit currencies seized in the rst 10 months of 2008 is Rs. 5.6 Crore, three times more than in 2007 Bangladesh tops the list of countries from where fake notes are smuggled to India, contributing to 25% of total circulated notes About 70% of currency detected consists of higher denomination notes, i.e. Rs. 500 and Rs. 1000

Indian counterfeit currency in the news

With terror suspects comes ood of fake notes (Indian Express, January 5, 2009) Fake note blues by nance minister (Mail Today, December 29, 2008) Fake currency: House panel asks RBI to beef up monitoring systems (Business Line, December 23, 2008) Fake currency seized, Bangladeshi arrested (The Statesman, December 21, 2008) IB Alert on ISI fake rupees (The Asian Age, December 17, 2008) Rs 5.6 crore fake notes seized this year: CBI (DNA, December 11, 2008)

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Case Study

CANADIAN DOLLAR JOURNEY The fight against counterfeiters

urrency counterfeiting has never been so serious that its threatened Canadas economy. Still, the Bank of Canada had to redesign all the countrys banknotes to address the problem. Consumers, businesses and the Bank of Canada got quite a jolt in 2001 with the discovery of a sophisticated counterfeiting ring operating near Windsor, Ontario These counterfeiters turned out mounds of $100 bills of such high quality that millions of dollars in funny money made its way into general circulation before the ring was broken up. To address this problem, the Bank of Canada took several initiatives which were successfully implemented. The bank credited its phased introduction of upgraded security features to part of the drop in overall counterfeiting. It used various overt as well as covert security tools to stay ahead against counterfeiters in an ongoing battle of advanced copying, scanning and printing technology. Hologram is among one of them. Holograms has proved their authenticity as the best overt security features, in protecting bank notes and other nancial documents. According to Report entitledA path to the next generation of US Banknotes, by US National Research Council Holograms have been recognized as having a denitive role in the ght to combat banknote counterfeiting. This report identies 21st century materials and technologies to deter counterfeiting of banknotes. In 1988, Austria produced the 5000 Schilling banknote (Mozart), which was the rst foil hologram application (Kinegram) to a paper banknote. Today, Holograms are currently used by more than 90 issuing authorities on nearly 250 bank notes denominations worldwide. They are used in many currencies such as the Brazilian real 20 note, British pound 5/10/20 notes, Canadian dollar 5/10/20/50/100 notes, Euro 5/10/20/50/100/200/500 notes, South Korean won 5000/10000 notes, Japanese yen 5000/10000 notes, etc.
New Holographic Series of Canadian Banknotes

The major challenge to protect currency from counterfeiters has become dependant on partnership between law enforcement agencies, financial institutions, central banks, as well as security printing industry and high-grade supplier community. In this case study, we are reviewing the Canadian Dollar from its start to the 1935 series to 2004 Journey series.

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Case Study
anadian banknotes are the banknotes of Canada, denominated in Canadian dollar. The rst paper money issued in Canada denominated in dollars was British Army Bills, issued between 1813 and 1815 in denominations between $1 and $400. These were emergency issues due to the War of 1812.

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About the Canadian banknote

C
The rst banknotes were issued in 1817 by the Montreal Bank. As of 2007, the Canadian dollar was the 7th most traded currency in the world. All notes are issued by the Bank of Canada, which released its rst series of notes in 1935. Since then, The bank of Canada has issued six series of bank notes and two commemorative notes from 1935-2006. Portraits of former Canadian prime ministers and members of the royal family have graced the fronts of Canadian bank notes, while the backs have featured allegorical gures, Canadian landscapes and industries, Canadian birds, and images depicting Canadian culture, history, and achievements.

1935 Series On 11 March 1935, the Bank of Canada issued its rst series of bank notes.

1937 Series The creations of a second series of bank notes, only two years after the rst issue, was prompted by changes in Canadian government legislations requiring the Bank of Canada to produce bilinguial bank notes. The 1937 series of bank notes saw the portrait of King George VI replace those of other members of the royal family.

1954 Series Signicant changes to the design of Canadas paper currency gave it a whole new look that set the standard for the future. The portrait of the queen was moved to the right hand side as compared to centre in 1937 series. 1969-1979 Series Scenes of Canada The main characteristic of this series was the use of multicolored tints beneath the dominant colour. 1986 Series Birds of Canada The 1986 series of bank notes was designed with enhanced security features to counter developments in colour-copier technology. 2001-2004 Series Canadian Journey These notes are distinguished by new and enhanced security features, world-class designs, and a tactile feature to help the blind and visually impaired identify the different denominations.

Problem

In 2001, the Bank of Canada introduced the new $10 note from the Canadian Journey series, without non overt security features. In 2003, the counterfeiting rate in Canada quadrupled from 100 parts per million (ppm) to almost 400 ppm of banknotes in circulation. Also, in 2001, the Bank of Canada got a jolt with the discovery of a sophisticated counterfeiting ring operating with the help of access to digital imaging and advanced printing technologies. RCMP (Royal Canadian Mounted Police) gures showed that more than a half-million counterfeit notes were in circulation as recently as 2004, far above the Banks monitoring guideline. A report published by the bank said, All denominations except the $5 continued to be above historical threshold of 120 counterfeits detected per million genuine notes in circulation. Fake notes in the system, were hurting condence in currency.

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Case Study

Approach
Bank of Canada had to make major changes in the production and design of its currency to tackle the problem. It was considering new anti-counterfeiting techniques to be implemented. However, it was important for the Bank to ensure the issuance of the new banknotes in the shortest possible time, limiting the risk of issuance delays. In an attempt to reduce counterfeiting, the Bank considered new bank note security features for the Canadian Journey Series Bank Notes, as proposed by both external suppliers and its own development program. A holographic stripe was introduced since a Hologram was considered as the most effective overt technology against counterfeiting, since the last 25 years. Advantage was taken of the holographic industrys experience in origination, foil production and foil application. In 2004, Bank of Canada issued $20, $50, and $100 notes in the Canadian Journey series with enhanced security features. These notes were distinguished by new and enhanced security features, world-class designs, and a tactile feature to help the blind and visually impaired identify the different. The Bank issued the new $100 bill on March 17, 2004, the $20 note in September 29, 2004, and the $50 note in November of 2004. As part of its ongoing efforts to improve the security of Canadian bank notes, an upgraded $10 & $5 note in the series was introduced on 18 May 2005 and on 15 November 2006 subsequently nalizing the series. The $5 bill was the last in the current series of currency notes to get its security upgrade.

Solution
Step 1: Strong Compliance with Judicial system & Law enforcement agencies When questioned about how the bank handles counterfeiting, the response was, The Bank of Canada has established a currency education program to assist Canadians in identifying genuine bank notes. The Bank monitors counterfeiting levels and works closely with law enforcement agencies and nancial institutions to ensure the authenticity of notes in circulation. Also, the Bank periodically changes the design and security features of bank notes. Step2: Changes in design and production of the banknote a) Design and Implementation of New Security features The bank used security features like raised ink (intaglio) and feel of paper, see through number, ghost image watermark, dashes security thread, uorescent inks and a holographic metallic stripe, providing series of hurdles for the would-be counterfeiter. Pure cotton composed paper was used for printing. A holographic stripe was introduced to ght this problem. It took several years to design the banknote with the hologram. The Bank of Canada worked closely with major holographic industry players to design, originate, and produce the holographic foil. The holographic foil developed was inspected, applied on banknote papers, and tested through the bank note printing process. Once the design was nalized, the Bank contracted the printing of the notes to two security printing companies, Canadian Bank Note Company, Limited and BA International Inc to ensure uniformly high quality banknotes. It considered hologram and color shifting material as security features.

The $5 bill was the last in the current series of currency notes to get its security upgrade. The new $5 note was released into general circulation on Nov. 15, 2006.

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Case Study
The security features were: 1. High security holographic stripe: When the banknote is tilted, brightly coloured numerals appear in the background of the stripe and maple leaves move within the holographic stripe. There is a colour-split within each maple leaf. 2. Watermarked portrait: When the note is held to a light, a small ghost-like image of the portrait appears to the left of the large numeral. 3. Windowed colour - shifting thread: When the note is held to the light a continuous, solid line appears. From the back of the note, the thread resembles a series of exposed metallic dashes that shift from gold to green when the bill is tilted. 4. See-through number: Hold the note to the light and the irregular marks on the front and back will form a perfectly aligned number b) Removal of $1, $2 and $ 1000 notes Some of the most signicant developments in Canadian currency were the withdrawal of the $1, $2 and $ 1000 notes in 1989, 1996 and 2000 respectively. The $ 1 and $2 denominations have been replaced with coins, reducing cost of producing Canadas currency. The $1000 note was removed as Solicitors General of Canada and Royal Canadian Mounted police (RCMP) reported it was used in money laundering and organized crime. Step 3: Bank Public communication The Bank communicates to users through press releases & website, informing public about the new bank note issuances, and providing a range of educational material on how to authenticate Canadian bank note using security features.

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Result
With the combined effort of bank note new security features, Bank public communications, and law enforcement efforts, the bank note counterfeiting rate has been reduced to 60ppm (parts per million) in 2008. The Bank of Canada credits this drop in overall counterfeiting, to its phased introduction of upgraded security features. Metallic holographic stripes, watermark portraits, colour-shifting threads, a see-through number, and enhanced uorescence under ultraviolet lighting are just some of the new features the central bank has added to try to foil would-be forgers. But it is an ongoing battle as currency printers try to stay ahead of increasingly sophisticated counterfeiters who take quick advantage of advancement in copying, scanning and printing technology. A further banknote redesign is scheduled, beginning in 2011.
Sources: www.bank-banque-canada.ca, www.cbnco.com, www.wikipedia.org

ECONOMY OF CANADA Currency Fiscal year Canadian dollar (CAD) 1 April 31 March STATISTICS GDP (PPP) GDP growth GDP per capita GDP by sector Inflation (CPI) Gini index $1.274 trillion (2007 est.) 1.3% (Q3 2008/2007)[1] $38,200 (2007 est.) agriculture (2.1%), industry (28.8%), services (69.1%) (2007 est.) 2.4% (2007 est.) 31.5% (2004) SOURCE: CIA WORLD FACT BOOK All values, unless otherwise stated, are in US dollars

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Industry Updates

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HOLO-PACK HOLO-PRINT 2008

Innovation in Holographic Materials and Full-Colour Holography

lmost 200 participants assembled in Toronto, Canada, for the 19th Holo-PackHolo-Print convention to see the latest examples of the best in full-colour 3D holography and also heard about new holographic materials under development. The combination conference-witexhibition was spread over three days (18/19/20th November, 2008) and took as its theme Pushing the Boundaries. On the theme of Pushing the Boundaries, this annual meeting for the global holography industry - organized by Reconnaissance International sought to explore the ways in which the industry continues to develop new materials and techniques to make the application of holographic technology more convenient and eective for the users. The conference began with two workshops; one titled OVDs New & Emerging Optical Security Technologies and the other ID Documents; Overview of Current Expectations. Each of these workshops supplied an overview of developments in the use of holographic materials for brand protection and ID documents respectively. In his introductory remarks to the conference proper, Ian Lancaster of Reconnaissance pointed out that the industry is pushing the boundaries of how holograms are perceived, produced and used. He displayed graphs showing that the size of the hologram industry has grown to US$2.3 billion per year with major impetus coming from the development of business in China and India. From a commercial point of view, attendees were treated to discussions relating to a variety of market verticals ranging from bank

notes to injection-moulded parts in which a fully integrated holographic grating proved decorative and eye catching but, more importantly, reduced the incidence of counterfeits in the market and boosted sales of the genuine parts by more than 70%. Close attention was paid to several presentations relating to resurgent interest in volume holograms recorded in photopolymer materials. The rst of these was from Bayer Materials Science which provided a sneak preview into the full color, dry-process material it plans to launch in 2010. Attendees did not have to wait that long to see the quality of imagery that could be produced with this material because several world class images were on display in the exhibition area. These were produced by UHR (Ultimate Holographic Reproductions) in Canada and eectively demonstrated how the material could be used to record and display imagery ranging from rock crystals to Faberge eggs with a degree of realism rarely seen in display holograms. Sony DADC chose the occasion of this conference to announce that it is the new player in the brand protection market using its proprietary photopolymer and origination system. The new product, currently available as self adhesive labels and known as SEAL, has been used internally by Sony to protect its own products. On a lighter note, Hspace, a Canadian company specializing in the business development of architectural holograms, demonstrated the use of Second Life software for creating real time demonstrations in virtual space, as a way of inter-acting with clients over long distances. The

audience was transported up and down elevators and along virtual corridors in order to peep into endless exhibitions of holographic products. Three further developments worthy of special note were the new, injection moldable holographic plastic from General Electric, new authentication holograms known as SHOPS from Smart Holograms, and the Crystagram hologram containing an RFID chip from Toppan Printing. The rst development (from GE) is truly revolutionary because it will make a thermoplastic material available to the manufacturing industry so that they can produce clear items such as spectacle lenses, contact lenses, CD disks etc then expose a volume hologram into the nished product for authentication purposes. In the second, SHOPS (Smart Holograms Optically Programmable Sensors), Smart Holograms has taken what was perceived a drawback to holograms produced on silver halide namely, their tendency to change shape when subject to external stimulus and turn this into an advantage by making the sensitivity of the holograms to such stimulus a part of the authentication process.

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The Holography Times

The third development is the RFID label from Toppan which incorporates a minute chip from Hitachi no larger than a grain of sand, addressing the growing requirement for covert authentication features enabled for track and trace purposes. Indeed, this new technology so intrigued the judges of the IHMA Holography Awards (International Hologram Manufacturers Association) that it was awarded a prize, presented, along with others, at the conference dinner on 19th November.This conference dinner provided yet another opportunity for delegates to interact in an informal and productive way and it was clear from observing the conversations that many alliances were being formed and deals being struck. Everyone in the business is aware that quick sales are no longer the norm in this space and so events such as this provide the necessary oxygen for development projects and sales programs to breathe and take ight.

Industry Updates

Events & Calendar

PHOTONICS WEST January 24-29, 2009, San Jose, CA, USA www.spie.org SECURITY PRINTING CONFERENCE 2009 January 27-29, 2009, Vilnius, Lithuania www.security-printing.com TAX STAMP FORUM February 23-24, 2009, Budapest, Hungary www.taxstampforum.com SECURITY DOCUMENT WORLD 2009 March 26-27, 2009, London www.sciencemediapartners.com 6TH PAN-EUROPEAN HIGH SECURITY PRINTING CONFERENCE April 1 - 2, 2009, Warsaw, Poland www.cross-conferences.com CARDS ASIA 2009 April 21-24, 2009, Singapore www.terrapinn.com PISEC, the global summit for the brand, product and image protection industries June 22-24, 2009, Athens, Greece www.pisec-world.com PACKPLUS 2009 July 8-11, 2009, New Delhi www.print-packaging.com ASIA PRINT & PACK EXPO 2009 August 28-31, 2009, Bangalore www.asiaprintpackexpo.com PACK PRINT INTERNATIONAL 2009 September 23-26, 2009 CURRENCY CONFERENCE May 9-2, 2010, Buenos Aires, Argentina www.currencyconference.com

THE AWARD WINNERS AT HOLOPACK-HOLOPRINT 2008

BRIAN MONAGHAN AWARD FOR BUSINESS INNOVATION Award: Umendra Kumar Gupta, Holostik India SECURITY/AUTHENTICATION Award: Leonhard Kurz, OVD Kinegram for Kinegram reColor PACKAGING Award: Toppan Printing, Hitachi Ltd, Hitachi Chemical Co Ltd for the RFID Crystagram PROMOTION/ILLUSTRATION Award: API Holographics, API Laminates, Imperial Tobacco for Lambert & Butler cigarette packs INDUSTRIAL Award: Sitech for the fastrack dot matrix origination system NEW HOLOGRAPHIC PRODUCT Award: U-NICA Global Security Solutions for the injection-moulded IntroGram NEW HOLOGRAPHIC TECHNIQUE Award: Hologram Industries and Hologram Industries Research for HoloID

Editorial Board C S Jeena Neha Gupta

The next Holo-PackHolo-Print will take place November 11-13, 2009 in Budapest, Hungary a tting location for the 20th event in that it was the birthplace of Denis Gabor, theinventor of the holograms who rst published his ground-breaking discovery 60 years ago.
(I-CAT 2009) is an earnest initiative formulated by Centre for Development of Imaging Technologies (C-DIT) For more information, contact: Sajan Ambadi at ambadycdit@gmail.com

The Holography Times is published by HOLOGRAM MANUFACTURES ASSOCIATION OF INDIA (HoMAI) 21-Ground Floor, Devika Tower 6, Nehru Place, New Delhi110019, INDIA Telefax: +91-11-4161 7369, Email: theholographytimes@gmail.com
Disclaimer: The data used here are from various published and electronically available primary and secondary sources. Despite due diligence the source data may contain occasional errors. In such instances, HoMAI would not be responsible for such errors.

International Conference on Anti-Counterfeiting Technologies I-CAT 2009

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