Giesecke & Devrient Systems Canada Receives Visit from Federal German President

MARKHAM, ONTARIO--(Marketwired - Sept. 27, 2014) -

Editors' Note: A photo for this release will be available on the Canadian Press picture wire via Marketwired.

Giesecke & Devrient Systems Canada, Inc. (G&D Canada) was visited by the German Federal President Joachim Gauck, his companion Daniela Schadt, and a German business delegation in the context of his state visit to Canada.

"This is a wonderful opportunity and an honor for us," said Willis Morettin, President and Managing Director of G&D Canada. "We are delighted to present the complete range of our expertise and experience in end-to-end smart card solutions for the North American market to the German Federal President. We operate as an independent, wholly-owned subsidiary and are part of the Giesecke & Devrient group. G&D Canada exemplifies the economic, technological and cultural potential and excellent relationship between Germany and Canada. We welcome all efforts to deepen and strengthen this relationship."

G&D Canada offers end-to-end High Secure Payment, Transit and ID solutions for the North American market. Its state-of-the-art facility for card solution manufacturing in Markham, Ontario hosts the latest technology in physical and logical security, equipment and processes. With a staff of almost 550, G&D Canada produces more than 40 million EMV cards annually. In October 2012, the company expanded its reach in Canada by opening an additional facility in Dorval, Quebec. It is a key partner to major Canadian banks and also to several provinces in providing Government Secure Identification Cards.

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 over 11,660 employees and generated sales of approximately EUR 1.75 billion in the 2013 fiscal year. 58 subsidiaries and joint ventures in 32 countries ensure customer proximity worldwide.

G&D develops, produces, and distributes products and solutions in the payment, secure communication, and identity management sectors. G&D is a technology leader in these markets and holds a strong competitive position. The Group's customer base mainly comprises central and commercial banks, mobile network operators, business enterprises, governments, and public authorities. For more information, please visit: www.gi-de.com.