Banknote industry vet Richard Rowe joins Nanotech board

Nanotech Security Corp., a Vancouver-based developer of nano-optic security features used in the banknote, government and brand-protection markets, has appointed Richard Rowe, a long-time banknote industry executive, as a director.

Rowe has more than 30 years of executive experience, including 12 years in the government and banknote industries. Most recently, he was the president of U.S. government products at Crane Currency, where he was responsible for the strategy, direction and execution of currency and passport products for the U.S. government.

“As a banknote industry veteran, Rich brings extensive government and currency expertise to the board,” said Nanotech Chair D. Neil McDonnell. “Nanotech’s board regularly evaluates its composition to ensure it includes the appropriate skills, experience, and perspective to drive growth. Rich’s deep relationships and extensive knowledge of commercializing security features will benefit the company as we advance our portfolio of products.”

Rowe has held several other leadership roles, including vice-president of business development with MeadWestvaco, a defunct Virginia-based packaging company. He holds a bachelor of science in chemical engineering from the University of Virginia and currently resides in the United States.

“I am honoured to have been appointed to the board of Nanotech,” said Rowe. “The company has a great reputation in the banknote industry, and I look forward to working closely with the board and management to leverage Nanotech’s products and intellectual property to capitalize on the market opportunity.”

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