ROCHESTER, N.Y., Nov. 26, 2013 /PRNewswire/ -- Document Security Systems, Inc. (NYSE MKT: DSS; "DSS"), a leading developer and integrator of secure cloud computing and security printing technologies, and Express Mobile, Inc. ("Xpressmo"), a developer of enterprise mobility solutions, jointly announced a sales and IP licensing partnership.
The partnership grants DSS rights as the exclusive channel partner for Xpressmo's Mobile Enterprise Application Platform in the anti-counterfeit and fraud detection market, enabling DSS to integrate Xpressmo's technology into DSS's AuthentiSuite product line. DSS will also receive a license to Xpressmo's pioneering patent portfolio, which relates to the development of custom applications and websites. Xpressmo will receive a license to a portion of the DSS patent portfolio as well as advisory and financial support from DSS Technology Management, which will advise Xpressmo on patent licensing.
Steven H. Rempell, founder of Express Mobile, stated, "The synergy between the DSS executive team and ours, in terms of innovative business and monetization strategies, is remarkable. We believe that this partnership will be the key to catalyzing the growth of our Enterprise Mobility technology and bringing the company to the next level."
Jeffrey Ronaldi, CEO of DSS remarked, "XMO is a great example of the type of company we want to be involved with. There is a significant commercial application for their core technology in multiple industries backed up by pioneering IP. We are delighted to be working with Steve and his team."About Express Mobile, Inc Express Mobile creates and markets software that enables the Enterprise to achieve mobility in their critical business and operational activities, essential today for competitiveness, growth and profitability. The Express Mobile platform allows non-programmers to create custom mobile applications for employees, partners and customers deployed across a full range of devices. Its patented technology features innovations for connecting users to data sources, work processes and web services. For more information please contact us at email@example.com About DSS (Document Security Systems, Inc.) Document Security Systems, Inc.'s (NYSE MKT: DSS) products and solutions are used by governments, corporations and financial institutions to defeat fraud and to protect brands and digital information from the expanding world-wide counterfeiting problem.
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