Kollakorn Corporation Limited is an Australia-based technology company. The Company is engaged in the development, marketing and commercialization of security oriented identification, authentication and information storage technologies. The Company�s segments include AVI (Automated Vehicle Identification), Smart&Secure, and TransitVault & CertainID. The main product of the Company is a secure tamper evident RFID tag that can be used for application on all types of assets for security and identification purposes. The major activity of Kollakorn is the implementation of its tamper evident RFID tag technology in Thailand and throughout Asia Pacific. AVI provides a secure method of implementing electronic vehicle registration (EVR), commercial vehicle tracking, access control, and electronic tolling (etolling). The Company purchased an additional 8.8% interest in Kollakorn Co., Ltd (Kollakorn Thailand), during the fiscal year ended June 30, 2012(fiscal 2012).