News
CPI Card Group Expands Into The Canadian Market
CPI Card Group (CPI), a globalleader in financial and commercial card production and services, is expandingits presence in the Canadian marketplace by acquiring a Canadian facilityformerly known as Metaca, located in Concord, Ontario, part of the greaterToronto area. This latest acquisition is keeping with the CPI strategic visionof expanding to support its ever growing international customer base.
TheCanadian financial card landscape is changing quickly with the rollout of EMV,Dual Interface and contactless chip technology. CPI's focus is to provide theCanadian customers with innovation, flexibility and delivery to help thembetter compete in their market sectors.
The new full service bureau facility will be named CPI Card Group - Canada and will be led by well-known card industry executive Anna Rossetti asPresident. Rossetti, who was formerly president of Giesecke & Devrient (G&D)in Canada, states, "The Canadian market has unique requirements that CPI hasexperience with, and local customers have asked us to provide full serviceswhich include manufacturing, personalization and fulfillment.
They are alsolooking for flexibility and innovation of products which we have today. GivenCanada's acceptance of contactless technology and other form factors, CPI iswell positioned to be a partner of choice for the Canadian marketplace."
Rossetti adds, "I am excited to be joining CPI as we expand our productsand services to our Canadian customers and provide them the choices theydeserve. CPI Card Group - Canada is committed to the Canadian marketplace, andthis stability is further supported by its position as a Tricor portfoliocompany, which is one of Canada's leading private equity firms."
Before joining CPI, Rossetti spent 8 years in Toronto with G&D havingserved as its President for the last 4 years and SVP Sales and General Managerprior to that. During her tenure, Rossetti was instrumental in providing thestrategic vision and leadership that positioned G&D as a market leader.Rossetti's expertise will provide the necessary direction in leading CPIthrough its company growth in Canada.
About CPI Card Group
CPI, a global leader in financial and commercial card production,issuance, and services, offers a single source for plastic cards from foilcards and holograms, to translucent and smart cards. CPI's production sitesinclude Denver, Colorado; Fort Wayne, Indiana; Las Vegas, Nevada; Colchester,England; and Liverpool, England. CPI Card Group produces high-quality,general-purpose, magnetic stripe and smart cards for many applications.Certified to produce contactless products, CPI specializes in distinctivecards and offers the largest production capacity in North America. CPI'splants in Colorado and Nevada are ISO 9001:2000 certified. For moreinformation, visit http://www.cpicardgroup.com.