Meta Materials to Launch Global Product Design Services in Authentication, Welcomes Global Expert, Mark Spencer, as new Senior Vice-President

HALIFAX, NS / ACCESSWIRE / September 20, 2023 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), a global leader in advanced materials and nanotechnology, today announced the appointment of Mark Spencer as Senior Vice President (SVP) of Product and Design for its Authentication division. Joining META in November, he will support the QUANTUM™ series nano-optic authentication products for banknotes, government documents and brand protection, from design to integration. Mark, an industry veteran, comes with a wealth of expertise in banknote design, development, and production from the world's leading design teams at De La Rue and Crane Currency.

Mark Spencer is a global leader with over 20 years experience from key roles in banknote design, production, and product management. His track record includes the launch of over 450 new banknote designs and five products in the currency sector, and he was responsible for an entire currency portfolio of approx. $350 million per annum. He has led business transformation and key strategic technical projects, including the creation and relocation of a design, banknote prototyping and customer experience suite. Mark's expertise also extends to contract negotiations for strategic partnerships, and he has been a recognised expert speaker at industry events like the G20 Summit.

"Our new animated nano-optic technology is a game-changer in the security and authentication industry. We are honoured to have Mark join our team and help position META to offer unparalleled, vertically integrated solutions using our new technology for banknote, government ID, and brand protection," said George Palikaras, President & CEO of META.

Designing new banknote series requires an extraordinary blend of craftsmanship, creativity, and attention to detail. This specialized skill set is pivotal in staying ahead of counterfeiters who continually adapt their techniques. META aims to integrate best practices from the banknote industry to deliver solutions that are both visually stunning and secure.

"Banknote design is an art form that commands respect, not just for its aesthetic appeal but for the imperative role it plays in safeguarding economies," said Mark Spencer. "This is an exciting time for me to join META, following the recent launch of META's new product, QUANTUM™ stripe. I look forward to working with the team to bring this state-of-the-art technology to many new customers in currency, identification, and brand protection, as we redefine what's possible in anti-counterfeiting and authentication."

About Meta Materials Inc.

Meta Materials Inc. (META) is an advanced materials and nanotechnology company. We develop new products and technologies using innovative sustainable science. Advanced materials can improve everyday products that surround us, making them smarter and more sustainable. META® technology platforms enable global brands to develop new products to improve performance for customers in aerospace and defense, consumer electronics, 5G communications, batteries, authentication, automotive and clean energy. Learn more at www.metamaterial.com.

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SOURCE: Meta Materials Inc.