International Consortium Led by Authentix, Inc Finalizes License Agreement to Implement Track & Trace System in Pakistan ADDISON, TEXAS, UNITED STATES, March 10, 2021 /EINPresswire.com/ -- Gauteng, South Africa & Islamabad, Pakistan. The Consortium of Authentix, Inc., MITAS Corporation and AJCL Private Limited is pleased to announce it has finalized a license agreement with Federal Board of Revenue of Pakistan to implement a track and trace system for tobacco, cement, sugar and fertilizer. The license agreement covers an initial five (5) year term as well as a three (3) year extension option. The scope of the system is to assist both domestic manufacturers and importers with the capability to apply secure and digitized tax stamps to each product of the above categories distributed in Pakistan. This system will provide for production monitoring, product movement control and product authentication via secure and non-intrusive technologies installed at manufacturing lines, dedicated hand-held equipment, smartphone applications, and multi-faceted security stamps. At anticipated industry product volumes, the total contract will cover an expected 6.5 billion consumer products per annum.