Local company makes its mark on the new $100 bill
Published: Wednesday, May 5, 2010 at 6:03 p.m.
Last Modified: Wednesday, May 5, 2010 at 6:03 p.m.
New $100 bills premiering next year will include anti-counterfeiting features developed in Santa Rosa by JDSU's Advanced Optical Technologies unit, the company said Wednesday.
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Technology developed in Santa Rosa by JDSU will be featured on the newly redesigned $100 bill, shown above. The company's color-shifting pigment is used on the Liberty Bell and the number 100.
ASSOCIATED PRESS“AOT is providing color-shifting pigment on the new $100 bill,” CEO Tom Waechter told Wall Street analysts. “Specifically, it will be on the Liberty Bell and the number 100.”
Last month, U.S. Treasury officials said the new currency will have the latest security features.
“This note incorporates the best technology available to ensure we're staying ahead of counterfeiters,” Treasury Secretary Timothy Geithner said.
The $100 note is the most often counterfeited denomination outside the U.S., according to the Treasury Department.
The new bill shows a Liberty Bell that changes color from copper to green when the note is tilted, making it seem to appear and disappear within a copper-colored inkwell.
The number 100 also has shifting colors.
Such features are very difficult for counterfeiters to duplicate, according to the department.
“The new security features come after more than a decade of research and development to protect our currency from counterfeiting,” said U.S. Treasurer Rosie Rios.
Currency users will be able to quickly tell the difference between the real notes and high-quality fakes, the department said.
JDSU's color-shifting pigments contain microscopic flakes with layers of ultra-thin film that reflect light or allow it to pass through, like a tiny prism.
Each flake displays a range of colors depending on the angle of view. The flakes are made in vacuum machines where metals are vaporized onto thin film sheets.
The pigment changes colors when viewed from different angles. JDSU's special pigments are used to print the currencies of more than 100 countries, including the U.S.
The company has about 540 employees in Santa Rosa, headquarters for its Advanced Optical Technologies business.
The division posted a record $58.6 million in sales for the third quarter ending April 3, due in part to its anti-counterfeiting products, Waechter said Wednesday.
AOT revenue was up 7 percent from the prior quarter and 15 percent from the same period a year ago.
JDSU's color-shifting pigments also are used for product decoration and security features on packages and labels.
In addition to pigments, the Santa Rosa unit develops 3-D images for bank card protection and 3-D glasses used for viewing movies such as “Avatar.”
It's also developing gesture recognition technology for video gaming and other applications, Waechter said.
JDSU acquired the Santa Rosa business from Optical Coating Laboratory in 2000. The company is headquartered in Milpitas.
Companywide, JDSU posted $332 million in third-quarter sales, up 19 percent from the same period a year ago. JDSU narrowed its loss to $12 million in the quarter, compared to a $102 million loss last year.
JDSU stock closed at $13.70 Wednesday, up 11 cents on the Nasdaq. Its shares fell in after-hours trading as the company missed analysts' revenue forecasts.
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