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The Business Forum - Fighting High Technology Theft with High Technology Solutions

Fighting High Technology Counterfeiting with High Technology Solutions
Contributed by: New Momentum, Inc.

Each year the United States Customs and Border Patrol confiscates millions of dollars in counterfeit goods. In 2006 alone, products seized by United States officials totaled more than $155 million. Unfortunately, even as the agency sees significant growth in the amount of counterfeit products detained from year to year 2006 marked an 83% increase from 2005 efforts to sniff out unauthentic goods through customs and border patrols are only capturing a small fraction of a multi-billion dollar problem.

The United States Chamber of Commerce estimates American companies lose $250 billion in sales every year as a direct result of counterfeiting and piracy. Even in the face of rising awareness among consumers and collaborative efforts among government organizations, the Chamber says the problem is continuing to grow at an alarming rate.

http://www.bizforum.org/whitepapers/newmomentum.htm


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