We are pleased to forge this new relationship and welcome Mr. Dong Hong and his team at Shanghai TO-OPT. This agreement represents the culmination of three years of work in the Chinese marketplace, building awareness for our anti-counterfeiting technology, our products and our company's reputation. With Shanghai TO-OPT now in place to serve the local market, we are confident of further success in China. Our work with Shanghai Tobacco Company and the respected Panda brand only serves to enhance our reputation.
-Mike Hayes
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