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Oberthur Technologies

Oberthur Technologies' State-of-the-art Brazilian Plant Grand Opening

Nanterre, France (ots/PRNewswire)

Oberthur
Technologies, the world's second largest provider of security and
identification solutions and services based on smart card
technologies, announced the Grand Opening of its brand new 75,000
square foot manufacturing facility and service center in Cotia,
Brazil. The new facility, already fully operational, provides a
single source vendor solution for design, manufacturing,
personalization and fulfillment of mobile SIM cards, payment cards
(including EMV) and identification credentials to customers in Brazil
and throughout Latin America. Existing manufacturing and
personalization activities already based in Cotia have been regrouped
into this new facility.
"Oberthur Technologies' strong commitment to Brazil and the
tremendous amount of growth we're seeing in Latin America made this
expansion necessary; we have invested around $10M to set up these
state-of-the-art facilities," said Thomas Savare, CEO of Oberthur
Technologies. "Today, we are proud to welcome our customers to
inaugurate what I consider a key milestone of our presence in Brazil.
Having a facility of this size will allow us to better serve the
increasing demands of our current customer base while at the same
time to meet the growing needs of new customers by providing enhanced
SIM cards and secure payment cards, including the need to quickly
convert from standard payment cards to EMV."
The new facility, which is able to produce over 100 million cards
a year, also expands Oberthur Technologies' offering of secured
identification credentials, including dual-hybrid polycarbonate smart
cards that can be used for driver's licenses and I.D. badges for both
government and non government entities.
About Oberthur Technologies
With sales of 904.6 million euros in 2009 and 6,160 employees
worldwide, Oberthur Technologies is a world leader in the field of
secure technologies. Innovation and excellence ensure Oberthur
Technologies' strong positioning in its main target markets: security
and identification solutions and services based on smart cards ;
manufacture of traditional and electronic secure identity documents;
security printer specialized in the production of banknotes, checks
and numerous security documents; design and manufacture of
intelligent cash protection solutions for Cash In Transit and ATMs.
For more information: http://www.oberthur.com

Contact:

CONTACT: PRESS CONTACTS: Corporate: Charlotte LAFONT-MACHIN,
Telephone:+33155467123, Email: c.lafont-machin@oberthur.com; Card
Systems Division:Stephanie CAU, Telephone: +33147855806, Email:
s.cau@oberthur.com; North &South America Press Contact: Leana Benson
Hersch, Phone: +13108681318,Email: l.hersch@oberthur.com

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