A HIGH tech company backed by Jack Walker's millions is set for a major expansion.
Datastrip, which specialises in reading devices for high security data codes, has forged links with a growing list of partners including Royal Mail, Kodak, ICL and NatWest Bank, who are using its technology for large scale mailings.
The firm, launched two years ago with Mr Walker as major shareholder, is fast becoming the world's leading manufacturers and suppliers in its field of specialist printed code readers.
The company has also been involved in a project to incorporate Kodak's new image compression technology into its own Datastrip code. High quality images including photographs, signatures and fingerprints, can now be stored and printed in half inch square symbols. Companies are already using the technology for personnel identification and access control.
"We firmly believe in win-win partnerships and have forged some exciting links with internationally respected companies and organisations," said Ed Mallory of Datastrip.
"Our route forward will involve further partnerships with key players in our target markets as our unique technology is adapted and developed for an impressive list of business solutions."
Mr Walker got involved with the Surrey-based company after an old friend, Dr John Watt, approached him.
He had been cold-shouldered by banks, unwilling to risk cash on pioneering technology.
Converted for the new archive on 14 July 2000. Some images and formatting may have been lost in the conversion.
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