January 19, 2012 at 13:11 PM EST
Document Security Systems/DSS Invited to NYS Senate Committee Hearing Related to SAT Exam Fraud Security Solutions
Committee Chairman, NYS Senator Kenneth LaValle Invites DSS to Recommend Technologies, Policies and Procedures to Prevent SAT Exam Fraud

ROCHESTER, N.Y., Jan. 19, 2012 /PRNewswire/ -- Document Security Systems, Inc. (NYSE Amex: DSS; "DSS"), a leading  developer and integrator of  secure cloud computing and security printing technologies, announced today that New York State Senator Kenneth LaValle, Chairman of the Senate Higher Education Committee, has invited DSS to speak on suggested improvements to the security of standardized tests.

The Committee feels it appropriate to hold a follow up hearing to examine what procedures have been implemented since the recent alleged wide- ranging SAT cheating scandal, as highlighted in a recent CBS News, 60 Minutes show segment, and what can be done to prevent cheating in the future.

The hearing is scheduled for January 24th, between the hours of 12:00PM and 3:00PM in the Legislative Office Building, Hearing Room A in Albany, New York.  This event will also be streamed live on the NY Senate, Committee on Higher Education webpage found at: http://www.nysenate.gov/committee/higher-education

David Wicker, Vice President of Research and Development at DSS will attend and present at the hearing.  Mr. Wicker is a long time member of the Document Security Alliance ("DSA"), an organization comprised of industry experts and federal government agency officials that studies security features of vital U.S. records and documents.  DSA recently named Mr. Wicker Chairman of the Committee on U.S. Driver's License Security.   David also is an advisory board member of Utica State College's CIMIP (Center for Identity Management and Information Protection) organization and teaches a periodic seminar on substrate security features at Rochester Institute of Technology and at several federal agencies.

About DSS (Document Security Systems, Inc.)

DSS provides counterfeit prevention and comprehensive brand and digital information protection solutions to corporations, governments, and financial institutions around the world. DSS develops and manufactures products and services containing patented and patent pending optical deterrent technologies that help prevent counterfeiting and brand fraud from the use of the most advanced scanners and copiers in the market.  DSS's customized solutions are designed to protect against product diversion, counterfeit, and other costly and damaging events.  In addition, The Company owns numerous patented and patent-pending technologies and products.

For more information on DSS and its subsidiaries, please visit DSSsecure.com.

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For more information:
Investor Relations:
Nicole Acton
585-325-3610
Email: ir@documentsecurity.com

Safe Harbor Statement

The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbors created thereby. These forward-looking statements include, but are not limited to, statements regarding expectations for future financial performance, potential sales from new and existing customers, expected benefits from the Company's cost cutting efforts and/or statements preceded by, followed by or that include the words "believes," "could," "expects," "anticipates," "estimates," "intends," "plans," "projects," "seeks," or similar expressions, all of which involve uncertainty and risk. Many of these risks and uncertainties are discussed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2010 filed with the Securities and Exchange Commission (the "SEC"), and in any subsequent reports filed with the SEC, all of which are available at the SEC's website at www.sec.gov. It is possible the company's future financial performance may differ from expectations due to a variety of factors including, but not limited to, the risks referred to above, and changes in economic and business conditions in the world, increased competitive activity, achieving sales levels to fulfill revenue expectations, consolidation among its competitors and customers, technology advancements, unexpected costs and charges, adequate funding for plans, changes in interest and foreign exchange rates, regulatory and other approvals and failure to implement all plans, for whatever reason. It is not possible to foresee or identify all such factors. Any forward-looking statements in this report are based on current conditions; expected future developments and other factors it believes are appropriate in the circumstances. Prospective investors are cautioned that such statements are not a guarantee of future performance and actual results or developments may differ materially from those projected. The company makes no commitment to update any forward-looking statement included herein, or disclose any facts, events or circumstances that may affect the accuracy of any forward-looking statement.

 

SOURCE Document Security Systems, Inc.

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