Western Mail

Caerphilly company creating 80 jobs in fight against counterfei­ters

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A CAERPHILLY company is creating 80 new jobs in the fight against counterfei­t trade.

Incopro is expanding into offices at Britannia House in the town, supported by a £500,000 investment from the Welsh Government.

The company specialise­s in brand protection by tracking and removing counterfei­t products from the internet. Its clients range from luxury goods companies to consumer product businesses and include the BBC and world-renowned fashion house Ted Baker.

With 2.5% of world trade counterfei­ted and prediction­s suggesting the global economic value of counterfei­ting could reach $2.3 trillion by 2022, there is a critical need to deliver innovative solutions to prevent piracy, brand infringeme­nt, copyright and intellectu­al property (IP) theft.

Incopro combines the latest technology with multi-lingual staff enabling them to investigat­e suspect websites, track fraud and detect counterfei­ters.

The company was founded in 2012 by CEO and IP protection lawyer, Simon Baggs, and chief technical officer and systems architect Bret Boivin

Talisman, the company’s counterfei­t detection technology, was launched in 2015.

The company has now outgrown its offices in London and needs approximat­ely 80 new staff, mainly analysts and developers, based in Caerphilly.

Incopro has also announced a collaborat­ion with WR Investigat­ions, a company based in Wales that supports investigat­ion into the offline networks that perpetrate counterfei­ting in the UK and globally.

Announcing Incopro’s expansion plans at a Wales Centre for Public Policy ‘The Future of Work in Wales’ report launch at Cardiff University later today, First Minister Carwyn Jones will say:

“As we conduct more of our everyday lives online, it is vital we have the systems to protect us from a new wave of criminals. The services companies like Incopro provide are invaluable, both to the World economy and to the interests of the individual.

“I am delighted we could support their expansion, and welcome them to Wales, where I am confident they will enjoy a successful future.”

Mr Bagg said: “We are committed to making the Internet a better place for businesses to prosper. A key element in achieving this is to cut out the sale of unlawful products and content.

“We are delighted to have secured Welsh Government support to further our mission and to deliver jobs and innovation in Wales.”

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