Dynamic Card Solutions Announces Results for Q1 2009

Company Experiences Considerable Growth as Instant Issue Continues to Take Hold in the Industry 

ENGLEWOOD, Colo.—(May 4, 2009) — Dynamic Card Solutions (DCS), the leading instant card issuance and PIN selection provider for financial institutions, today announced a positive first quarter for 2009 – ending its first fiscal quarter with the addition of new customers, an increase in orders and considerable revenue growth.

Continuing to sustain its significant market share for instant issuance, DCS signed new customers and had numerous existing customers expand their deployments of DCS’ flagship instant issue software CardWizard® and associated best-in-class hardware.  As a result, the company’s revenue exceeded $6,000,000 in Q1 of 2009.  A 93 percent increase in revenue compared to Q1 of the prior year. 

“With over 13 years of dedicated experience and a proven track record of installing and supporting PIN selection and instant issue solutions, the company’s year-over-year growth speaks for itself,” said Ron Zanotti, senior vice president of DCS. “More and more financial institutions see the benefit of utilizing our highly reliable solution for their instant issue program. DCS now has over 460 customers and roughly 5,000 branches running our software and associated hardware.  As the leading instant issue provider, we will continue to be the most innovative and safe choice for financial institutions.”

DCS’ CardWizard software helps financial institutions secure and optimize their card issuing programs by eliminating the cost, risk and delay for cardholders to receive their debit or credit cards via the mail. Financial institutions that are able to produce a plastic card “on-demand” create a unique, one-to-one marketing and education opportunity which has proven to drive card activation, usage and interchange revenues.
In addition, DCS’ CardWizard software enables financial institutions to offer fully personalized and compliant unembossed Visa® and MasterCard® products at the branch level.  Many financial institutions are switching to unembossed instant card issuance as they see the benefit of being able to better serve their customers with a more personalized plastic card. 

For more information about DCS’ instant issue technology, please visit www.instantissuance.com.

About Dynamic Card Solutions

Founded in 1996 and a wholly owned subsidiary of Dynamic Solutions International, Dynamic Card Solutions (DCS) develops instant issuance and PIN selection solutions for banks, credit unions and retailers that issue EMV, contactless and magnetic stripe cards. DCS is the leading instant issuance provider for Visa® and MasterCard® debit cards. The company offers fully integrated solutions that allow financial institutions and retailers to quickly and securely issue debit, credit and ATM cards instantly at branch or store locations. Issuing cards instantly increases customer service, card sales and revenue, and eliminates current card issuance costs. DCS’ system includes a user-friendly administration component that provides full reporting, card inventory, and more. All solutions utilize encryption and are compliant with recommended security procedures for instant issuance. For additional information, call +1 303.754.2000 or visit the Dynamic Card Solutions Web site at www.instantissuance.com.