27.11.2015 Matica Technologies AG  DE000A0JELZ5

DGAP-News: Matica Technologies wins tenders in the USA and Ethiopia


 
DGAP-News: Matica Technologies AG / Key word(s): Incoming Orders Matica Technologies wins tenders in the USA and Ethiopia 27.11.2015 / 09:47 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- - Supply contract with MorphoTrust for the delivery of retransfer card printers for the production of the driver's license of the US federal state of Pennsylvania - Supply contract with the National Bank Of Ethiopia for the delivery of card production lines for the national payment system EthSwitch - Expected revenues of round about USD 10 million until 2020 MUNICH, November 27, 2015 - Matica Technologies AG (ISIN: DE000A0JELZ5), a worldwide leading vendor of financial and secure ID card solutions, won two public tenders to deliver retransfer card printers and card production lines. The contracts include the delivery of the hardware as well the consumables used in the production process. The first contract was signed with MorphoTrust USA, a subsidiary of French Safran Group. It includes the delivery of about 500 retransfer card printers including consumables for the production of the driver's license of the US federal state of Pennsylvania. In the first run the contract has a maturity of five years with an option of renewal for further five years. The expected production volume comprises an output of around 20 million cards during the contract period of five years. 'With MorphoTrust the biggest producer of driver's licenses in the USA , with a market share of more than 90 percent, has decided for a collaboration with Matica', Sandro Camillieri, CEO of Matica Technologies AG, comments on the deal. 'In the course of the tender process we primarily scored with the reliability of our hardware and our comprehensive service solutions.' Furthermore Matica won the tender by the National Bank Of Ethiopia for supplying the national payment system EthSwith with its card issuance technology. The contract comprises the delivery of modular production units type S7000, one of the technologically most advanced card issuance systems in the market, as well as the consumables used in the production process. The expected production volume amounts to well above one million cards until 2020. The expected revenues deriving from these contracts shall amount to about USD 10 million until 2020. 'Our clients appreciate the wide range of our product portfolio, which we continuously enhanced by proprietary developments. This successfully positioned us in the market as one stop shop for card issuance solutions', Camilleri explains. Since 2011 the company has increasingly invested into Research & Development. Until 2020 further investments of around EUR 10 million are planned. On December 7th 2015, Matica plans to publish a reduced quarterly report on the basis of the new consolidated group structure for the first time. On this behalf the company will host a Management Call followed by multiple roundtable sessions with institutional investors. About Matica Technologies Group Matica Technologies Group is a fast-growing and innovative global company with a strong international network. Matica develops, manufactures and distributes solutions to issue passports, financial cards, ID cards, Nano SIM and Micro SIM cards. The company offers a vast range of products from centralized systems and mailers to ID printers and laser desktop machines. The Group is represented worldwide with offices in Italy, Germany, France, Singapore, Hong Kong, China, the US, UAE and India. For further information, please visit www.maticatech.com CONTACT Ingo Middelmenne | Matica Technologies AG | Theresienhöhe 30 | 80339 Munich | Germany [email protected] | p. +49 (0)89 5108 588 8o | f. +49 (0)89 5108 588 88 Contact: Matica Technologies AG Ingo Middelmenne Head of Investor Relations Theresienhöhe 30 80339 Munich Germany [email protected] +49 89 510858880 --------------------------------------------------------------------------- 27.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Matica Technologies AG Theresienhöhe 30 80339 Munich Germany Phone: +49 (0)89 5108 588 0 Fax: +49 (0)89 5108 588 88 E-mail: [email protected] Internet: www.maticatech.com ISIN: DE000A0JELZ5 WKN: A0JELZ Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart; Open Market (Entry Standard) in Frankfurt End of News DGAP News Service --------------------------------------------------------------------------- 418217 27.11.2015