Oberthur Technologies Expands Operations in Brazil to Meet the Growing Demand for Delivery Into Latin America
Paris, France, July 26, 2010–Oberthur Technologies, the world’s second largest provider of smart card solutions, announced the completion of a multi-million dollar, 75,000 square foot manufacturing facility and service center in Cotia, Brazil. The new facility, slated to be fully operational by the fourth quarter of this year, will provide a single source vendor solution for design, manufacturing, personalization and fulfillment of mobile SIM cards, payment cards and identification credentials to customers in Brazil and throughout Latin America. Existing manufacturing and personalization activities already based in Cotia will be 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,” said Martin Ferenczi, Managing Director, Americas, Card Systems Division at Oberthur Technologies. “Having a facility of this size and focus will allow us to better serve the increased demands of our current customer base while at the same time allow us 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 will be able to produce over 100 million cards a year, will also expand Oberthur’s 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.
Oberthur Technologies has 11 other manufacturing facilities globally and over 30 service centers to meet the needs of its customers.
About Oberthur Technologies
With sales of 905 million Euros in 2009, 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:
- Card Systems: The world’s second largest provider of security and identification based on smart card technology and associated services for mobile, payment, transport, digital TV and convergence markets.
- Identity: Leading international supplier for the manufacture and personalization of secure identity documents such as passport, identity card, driving license or health care card – traditional and electronic – and associated services for both governmental and corporate markets.
- Security printing: A key player in the secure printing industry specialized in the production of banknotes, checks and other security documents in more than fifty countries.
- Cash protection: World leader in the emerging market of intelligent systems to secure cash-in-transit and ATM.
Close to its customers, Oberthur Technologies benefits from an industrial and commercial presence across all five continents.
Oberthur Technologies S.A. is a limited liability company (société anonyme) registered in France with its registered office at 50 quai Michelet 92 532 Levallois Perret, France. Oberthur Technologies S.A.’s corporate registration number is 340 709 534 R.C.S. Paris.
North & South America Press Contact
Leana Benson Hersch
Phone: +1 310 868 1318
Corporate Press Contact
+33 1 47 85 58 06