(DGAP-Media / 27.10.2015 / 15:50) Press Release Matica System relocates to larger manufacturing site with triple the capacity New space launches a technical academy and provides bigger production facilities to support long-term growth strategy MUNICH, October 27, 2015 - Matica Technologies AG (A0JELZ), a worldwide leading vendor for financial and secure ID card issuance systems announces today that it has relocated its Matica System S.p.A. production plant from Paderno Dugnano (Milan) to Turate close to Lake Como and Milan Malpensa International Airport in Italy. Investing in this new facility provides Matica Technologies with three times the capacity of its previous site allowing the company to significantly grow its manufacturing output. For the first time, the company has also created space to host the 'Matica Academy', which will deliver worldwide seminars and training for its partners and customers. In addition, a brand new laboratory for sytems and desktop solutions provides testing and manufacturing for card samples, performs technical benchmarks and product tests. "After outgrowing our former site, this investment is a measure of our long-term ambition to continue expanding and securing significant business growth," says Sandro Camilleri, CEO of Matica Technologies AG. Improved efficiencies "Our state-of-the-art site is exceptionally multi-functional, it raises operational efficiencies so it is a very exciting time for the company," Sandro Camilleri continues. "Over two full floors we will expand our production of the S3500 instant issuance system, S6200 line of systems for mid-volume card issuance programs and S7000 central issuance system." Making room for business growth As Matica Technologies' reputation continues to gain worldwide popularity for producing highly adaptable, reliable financial and highly secure ID card personalization solutions, it has become crucial that the company invests in the production efficiency along with increased demands. The new Turate site also provides a flexible high-bay storage solution, R&D center, a fully equipped demo room and a dedicated space to house a museum, which will exhibit the technology behind the solid engineering assets of Matica products. New Matica Plant Matica System S.p.A. Via Salvo D'Acquisto, 8 22078 Turate (CO) Italy For more information please visit: http://www.maticatech.com/contacts/ ---ENDS--- 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 Matica Technologies AG | Theresienhöhe 30 | 80339 Munich | Germany e. [email protected] | p. +49 (0)89 5108 588 0 | f. +49 (0)89 5108 588 88 End of Media Release +++++ Additional features: Document: http://n.equitystory.com/c/fncls.ssp?u=OEOEAJGYOQ Document title: 2015_10 Matica Systems_New Plant --------------------------------------------------------------------- Issuer: Matica Technologies AG Key word(s): Industry 27.10.2015 Dissemination of a Press Release, 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 80339 München 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 Media --------------------------------------------------------------------- 405963 27.10.2015