Giesecke & Devrient Extends Canadian Reach with New Personalization Bureau in Quebec

MUNICH AND TORONTO, Oct. 16, 2012 /PRNewswire/ - Giesecke & Devrient (G&D) Systems Canada Inc., the Canadian subsidiary of global security technology leader G&D, announced today the opening of a new Personalization Bureau in Montreal, Quebec. The new Bureau will offer increased regional support and efficiency for existing and new customers within the province. It will also play an increased role in supporting the convergence of smart chip solutions for EMV, mobile security, transit and government solutions for driver's licenses, health, and identification.

In a year that celebrates fifty years of Creating Confidence in banknote printing and processing, payment and identification for the Canadian market, as well as 160 years globally, G&D is well prepared for this investment and expansion of trusted services to people and businesses in Quebec.

The new Personalization Bureau is another key G&D investment in Canada, following the opening of a new state-of-the-art facility in 2006, installation of the first North American TSM hub in 2008 (Markham, Ontario), and the significant investment required to support Canada's migration to EMV and highly secure ID products. To date, G&D has issued over 125 million credit and debit EMV chip cards to Canadians and continues be the partner of choice for the provinces of Ontario, Manitoba and British Columbia for their ID-related needs.

"Considering the emerging changes in how we will use smart chip technology day to day, as well as the rapidly evolving mobile ecosystem, it is a perfect time for us to be here in Quebec," remarked Edgar Salib, president and managing director of G&D Systems Canada Inc. "As a native of Montreal, I appreciate the distinctiveness of business and culture in Quebec. We look forward to contributing to growth in the province with our trusted services and expanding our regional and global expertise."

The facility in Dorval, approved by Visa, MasterCard, and Interac, will service existing clients as well as provide the necessary provincial palette for a variety of evolving solutions in secure identification and mobile ecosystems. In preparation of this investment, G&D has been cultivating and training a team of local specialists dedicated to extending G&D's performance in mobile security, transit and government solutions in Quebec. G&D is a trusted partner of governments worldwide, offering a wide range of high-security services and solutions in over 32 countries, including ID, corporate access, plant engineering, security paper, and features.

About Giesecke & Devrient

Giesecke & Devrient (G&D) is a leading international technology provider headquartered in Munich, Germany. Founded in 1852, the Group has a workforce of around 10,500 employees and generated sales exceeding EUR 1.64 billion in fiscal 2011. 58 subsidiaries and joint ventures in 32 countries ensure customer proximity worldwide.

Over 150 countries place their trust in G&D solutions when producing and processing their banknotes. The company primarily supplies central and commercial banks, cash-in-transit companies, and security printers with innovative technologies that render the cash cycle efficient and secure. G&D bank and SIM cards are used all over the world to make payments and telephone calls. As an end-to-end provider of smartcard and mobile security solutions, the Group develops and distributes hardware, software, and services to a client base that includes banks, mobile network operators, transportation companies, business enterprises, and original equipment manufacturers (OEMs). Governments and public authorities turn to G&D for passport, ID card, and border control systems, ensuring reliable identity verification right around the globe. For more information, please visit: www.gi-de.com

SOURCE Giesecke & Devrient