Spectra strikes 5-year K-cup deal with LMI Packaging

Authentication technology specialist Spectra Systems announced a five-year agreement with LMI Packaging Solutions of Pleasant Prairie, Wisconsin on Thursday, to incorporate Spectra Systems authentication technology into LMI-produced coffee K-cup lids.

The AIM-traded firm said its coating formulation would allow coffee suppliers producing their K-cup lids at LMI Packaging Solutions to have complete functionality in the Keurig K-cup system, which uses internal sensors that allow it to only work with specific material signatures printed on the K-cups.

Under the agreement, Spectra Systems must supply its technology for K-Cups exclusively to LMI Packaging Solutions for the first 18 months.

“This agreement with LMI has validated our ability to provide security products in the consumer products market where an increasing number of manufacturers are using sensors to lock their hardware with the associated consumables,” said Spectra CEO Dr Nabil Lawandy.

“Working with LMI has been one of the smoothest product developments we have had and we are confident in their ability to attract more customers to their lids that use our materials.”

Lawandy said the company was “confident” that over time, the new line would grow into a stable source of revenue and profit.

“The total global K-Cup market in which LMI is participating is already over 10 billion units per year.”