SAFRAN : Perfect Plastic Printing and Morpho strengthen their partnership in EMV card production

PRESS RELEASE

St. Charles / Paris, October 15, 2014

Perfect Plastic Printing (PPP), a world leader in plastic card manufacturing and Morpho (Safran), a global leader in payment solutions and card technology, have signed an agreement to strengthen their partnership in EMV* card production. This partnership combines the card manufacturing expertise of Perfect Plastic with the smart card technologies offered by Morpho, giving Perfect Plastic the ability to provide their customers with world-class EMV solutions while continuing to provide the highest levels of customer service and card manufacturing available in the industry.

With a combined 90+ years in the card industry, Perfect Plastic Printing and Morpho have the ability to offer clients unparalleled security, technologies, experience and creativity. "We have been working with Morpho for the past twelve years and have developed a clear understanding of our shared abilities and strengths. This partnership facilitates the creation of world-class EMV solutions. Working with Morpho, Perfect Plastic Printing can manufacture clear EMV cards, Crystal Mosaic EMV cards, full-face foil EMV cards or virtually anything else our customers desire. This partnership elevates our abilities to serve our clients," explains Christopher Smoczynski, President of Perfect Plastic Printing.

Paolo Villasco, Vice President and General Manager of the Payment Business Unit at Morpho, said: "Our long-term relationship with PPP, leveraged by a reciprocal high level of trust and historical collaboration, allows Morpho to grant to the coming US EMV market an outstanding combination of quality, tradition, 'close-to-the-customers approach and an up-to-date level of technology. This will enable a smooth and competitive chip migration process for all financial institutions. Morpho is continuing to invest several million USD to increase technical and production capabilities on Perfect Plastic Printing's premises, supporting a complete set of EMV and mobile payment technologies as well as strong identification and authentication solutions.

* Europay Mastercard Visa

About Morpho

Morpho, a high-technology company of Safran, is a global leader in security solutions. The company employs more than 8,400 people in 40 countries and reported revenues of 1.5 billion euros in 2013. Morpho's unique expertise lies in providing cutting edge security solutions for government identity, public security, critical infrastructure, transportation and business markets. Morpho is the world leader in multibiometric identification technologies, biometric identity documents, Automated Biometric Identification Systems (ABIS) and Explosives Detection Systems (EDS). It is one of the leading suppliers of SIM cards, smart cards, trace detection equipment and gaming terminals. With systems operating in more than 100 countries, Morpho's solutions simplify and secure the lives of people around the world.

For more information : www.morpho.com - www.safran-group.com
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About Perfect Plastic Printing

Perfect Plastic Printing is committed to making the highest quality plastic cards, a commitment we have kept for the past 50 years. We have built a reputation for loyalty to our customers by striving to be the best at producing consistently high quality cards, in volume, and with a demonstrated track record of on-time deliveries. Throughout our history, we have remained dedicated to some basic principles that have made us successful: innovation, quality and performance. Perfect Plastic Printing support the EMV payment product line with Visa, MasterCard, Discover and American Express. Perfect Plastic Printing can provide contact and dual interface products meeting all credit and debit network requirements and can also assist with NFC, TSM and other mobile payment applications.
For more information : www.perfectplastic.com

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