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April 25, 2015 6:10 PM ET

Software

Company Overview of Sproxil, Inc.

Company Overview

Sproxil, Inc. provides brand protection solutions through software and services on mobile phones. It offers Mobile Product Authentication (MPA) solutions, which deliver automatic protection, labels, and back-end analytics enabling consumers to text message an item-unique code for a rapid response that confirms a brand's genuineness; and enabling companies to connect with their consumers through customized text message responses, such as health management tips and ads. The company also provides MPA for consumers for drug authentication; industry and intellectual property rights holders; foundations and donors; governments, law enforcers, and regulatory agencies; and telecom operators. Its sof...

1 Fitchburg Street

C320

Somerville, MA 02143

United States

Founded in 2008

Phone:

209-877-7694

Key Executives for Sproxil, Inc.

Chief Executive officer
Managing Director of Nigerian Operations
Head of India Operations
Compensation as of Fiscal Year 2014.

Sproxil, Inc. Key Developments

Sproxil, Inc. Appoints Anand C. Mehta as Head of India Operations

Sproxil, Inc. announce that Anand C. Mehta has been appointed Head of Sproxil's Indian operations. In this role, Mehta will be responsible for managing the staff and leading the development and execution of Sproxil India's expansion plans. He will be directing the management of the company's corporate relationships with customers, vendors, regulators and shareholders. Mehta has over 18 years of experience in operations management, strategic marketing and business development. Prior to joining Sproxil, he was the Chief Marketing Officer at Motoring Ahead & at Think as Consumer and SMBs. Prior to that, Mehta held leadership and management positions including Vice President of Marketing for Schneider Electric India, Vice President of Marketing & D-TAC for Smartlink Network Systems Ltd. and Associate Vice President at D-Link India Ltd.

Sproxil Launches Mobile Product Authentication™ Mobile App for Blackberry 10

Sproxil, Inc. announces the launch of its’ Mobile Product Authentication™ (MPA™) mobile app for Blackberry 10, joining the company’s portfolio of iOS, Android, and Blackberry 7 mobile apps. The product verification service covers 100% of all phones through SMS and voice and is now available to 97% of the smartphone market globally. The recently launched app is an alternative way for Blackberry 10 users to access. Sproxil’s MPA technology, which originally launched as an SMS and voice based service. The technology allows consumers to avoid potentially dangerous counterfeits by verifying that the products come from a genuine, legitimate source. MPA’s security labels have scratch card technology – similar to that used for replenishing mobile airtime – to hide the unique, product-specific code. Every MPA protected product bears this label. At point of purchase, consumers remove the label’s scratch panel to reveal the code, which they text for free to Sproxil. Alternatively, consumers can use the company’s mobile apps, which allow for verification by typing in the number or scanning the 2D barcode. Almost instantly, the cloud-based technology processes the code and replies to the consumer indicating if the product is genuine or suspicious.

Sproxil Appoints Chinedum Chijioke as Managing Director for Their Nigerian Operations

Sproxil announced that Chinedum Chijioke has been appointed Managing Director for their Nigerian operations. Chijioke will be responsible for managing the staff and leading the development and execution of the company's expansion plans in Nigeria. He is also responsible for directing management of the company's corporate relationships with customers, vendors, regulators, and shareholders. Prior to joining the company, he was the Managing Director and Chief Executive Officer of CFS West Africa Limited.

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