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1997 Two of the future founders
met at EPFL while working for their
PhD theses. They got to know a senior
business coach who was sponsoring
startup projects in the domain of
visual communication. They all three
started discussing the creation
of a future business.
2000 Developing
their idea of using digital imaging
for document protection, the founders
filed the first patent of Cryptoglyph,
the core AlpVision security printing
solution for both brand protection
and document protection.
2001 The three
founders established the first legal
identity of AlpVision as a limited
liability company with an initial
share capital of 20’000 CHF.
2002 A private
business angel decided to support
the founders. The share capital
was raised to CHF 620’000
allowing the company to further
develop both the Cryptoglyph technology
and the clients’ first contacts.
The legal identity was changed to a
privately owned limited company.
2003 The company
broke even and then showed a net profit
at the end of the fiscal year, thanks
to clients’ contracts for
brand protection, document protection
and custom solutions. These three
domains then became
the core business units of the company.
Since 2003, the company growth
was exceeding 30% per year.
2004 The company
was identified as a very
promising business for the worldwide
market, collecting awards such as
the European Seal of Excellence
and the Swiss Economics awards (CTI
/KTI label).
2005 The Company passed the psychological barrier of one million dollars of net earnings after tax, interest and amortization, an 88% increase over 2004, paving the way for successful internally financed development of its activities worldwide.
2006 The company
obtained the Swiss Quality Label
for its products and services delivered
worldwide. The turnover of the company increased by 35% compared to 2005, with major deployments of its Cryptoglyph brand protection solution in the Fast Moving Consumer Goods industry.
2007 Thanks to major deployments in the pharmaceutical industry to protect medicinal products against counterfeiting and to uncover market diversion, the AlpVision Krypsos open platform successfully passed the FDA 21 CFR Part 11 requirements for Electronic Records and Electronic Signatures (ERES) for such products delivered in the USA. AlpVision also extended its accessible market with the deployment of the new Fingerprint solution for identification of genuine solid objects from fakes, based on digital images of the original products stored in a secured server. Four major clients in the electromechanical and watch making industries adopted this new technology. In total the company achieved a 42% increase in turnover compared to 2006.
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