YPB Group Secures Significant Order for Authentication Technology in Kenya

YPB Group Limited (ASX: YPB) has received its first order of 2 million codes from Ecocan Recycling Company Limited, under a 3-year Master Service Agreement. The order, valued at approximately A$45,000.00, fulfills the year one Minimum Order Quantity. Ecocan, based in Kenya, focuses on beverage packaging and waste collection, using a vending deposit return scheme and the EcocanApp for consumer engagement.

They utilize Reverse Vending Machine (RVM) solutions to incentivize recycling. YPB's ProtectCode™ technology addresses fraud in RVMs. YPB's CEO sees potential beyond this contract, as redemption schemes and RVMs gain global traction. The significant order reflects early validation of YPB's technology and hints at substantial future contract values. This announcement signals progress and potential for YPB's authentication solutions.

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