DGAP-News

Matica Technologies wins tenders in the USA and Ethiopia

DGAP-News: Matica Technologies AG / Key word(s): Incoming Orders
Matica Technologies wins tenders in the USA and Ethiopia

27.11.2015 / 09:47
The issuer is solely responsible for the content of this announcement.

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- Supply contract with MorphoTrust for the delivery of retransfer card
printers for the production of the driver's license of the US federal
state of Pennsylvania

- Supply contract with the National Bank Of Ethiopia for the delivery of
card production lines for the national payment system EthSwitch

- Expected revenues of round about USD 10 million until 2020

MUNICH, November 27, 2015 - Matica Technologies AG (ISIN: DE000A0JELZ5), a
worldwide leading vendor of financial and secure ID card solutions, won two
public tenders to deliver retransfer card printers and card production
lines. The contracts include the delivery of the hardware as well the
consumables used in the production process.

The first contract was signed with MorphoTrust USA, a subsidiary of French
Safran Group. It includes the delivery of about 500 retransfer card
printers including consumables for the production of the driver's license
of the US federal state of Pennsylvania. In the first run the contract has
a maturity of five years with an option of renewal for further five years.
The expected production volume comprises an output of around 20 million
cards during the contract period of five years.

'With MorphoTrust the biggest producer of driver's licenses in the USA ,
with a market share of more than 90 percent, has decided for a
collaboration with Matica', Sandro Camillieri, CEO of Matica Technologies
AG, comments on the deal. 'In the course of the tender process we primarily
scored with the reliability of our hardware and our comprehensive service
solutions.'

Furthermore Matica won the tender by the National Bank Of Ethiopia for
supplying the national payment system EthSwith with its card issuance
technology. The contract comprises the delivery of modular production units
type S7000, one of the technologically most advanced card issuance systems
in the market, as well as the consumables used in the production process.
The expected production volume amounts to well above one million cards
until 2020.

The expected revenues deriving from these contracts shall amount to about
USD 10 million until 2020. 'Our clients appreciate the wide range of our
product portfolio, which we continuously enhanced by proprietary
developments. This successfully positioned us in the market as one stop
shop for card issuance solutions', Camilleri explains. Since 2011 the
company has increasingly invested into Research & Development. Until 2020
further investments of around EUR 10 million are planned.

On December 7th 2015, Matica plans to publish a reduced quarterly report on
the basis of the new consolidated group structure for the first time. On
this behalf the company will host a Management Call followed by multiple
roundtable sessions with institutional investors.

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

Ingo Middelmenne | Matica Technologies AG | Theresienhöhe 30 | 80339 Munich
| Germany
[e-mail] | p. [phone]o | f. +49 (0)89
5108 588 88




Contact:
Matica Technologies AG

Ingo Middelmenne
Head of Investor Relations

Theresienhöhe 30
80339 Munich
Germany
[e-mail]
[phone]


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27.11.2015 Dissemination of a Corporate News, 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

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Language: English
Company: Matica Technologies AG
Theresienhöhe 30
80339 Munich
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
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 News Service
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418217 27.11.2015