CPI Card Group and X-Card “First in Industry” to Introduce PowerCore

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Customizable PowerCore Card features light and sound for gift cards or display screens and emulation for financial and security cards.

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We truly believe there is a card for every occasion and the PowerCore will allow every event to become a celebration or a high security event.

CPI Card Group, a global leader in financial and commercial card production and related services, along with X-Card Holdings, LLC announced today the launch of the PowerCore. A CPI card can now span multiple uses by having its own power on-board. Examples range from gift card production with light and sound to financial security cards with one-time passcode abilities (OTP, Dynamic CVV) or magnetic stripe emulation - truly putting control of the card in the hands of the consumer.

An industry first, the PowerCore card can be customized to fit any design needs. Light up a birthday cake on a gift card and play ‘Happy Birthday’ using this advanced technology. Retailers can customize the number, color, timing and length of the light on the card to highlight a unique design. Retailers can now leverage these cutting edge capabilities to more effectively illustrate their brand through card programs. For Financial and Security cards, issuers can utilize encapsulated, secure chips with OATH based algorithyms to display a one-time-password (OTP) or a dynamic account number or security code, like a DBC/CVV/CVC2.

"We are delighted to be working with CPI Card Group for the assembly and distribution of our hot lamination-ready, powered card technology. CPI has proven to be a leader in the adoption of value-added technologies within the card manufacturing industry,” said Mark Cox, founder and president of X-Card Holdings, LLC. “These capabilities, along with a significant global scale, have made our partnership a very logical union."

Always ahead of the curve and striving to achieve the best innovations for customers, CPI plans to leverage future PowerCore developments to provide new options to Financial and Security card issuers. The design of the PowerCore compliments CPI’s significant hot lamination manufacturing process; driving down card costs while increasing quality and scaling output to record levels.

“At CPI, we are always looking for new alternatives to offer customers and working aside X-Card Holdings to launch this cutting-edge technology option has elevated us to new capabilities,” said Steve Montross, president and CEO of CPI Card Group. “We truly believe there is a card for every occasion and the PowerCore will allow every event to become a celebration or a high security event.”

About CPI Card Group
CPI, a global leader in financial, commercial and identification card production and related services, offers a single source for cards and other form factors, from financial and gift to EMV chip and mobile, and personalization and fulfillment services. CPI offers the largest secure and commercial production network in North America and is the leading commercial provider in the UK. CPI's production sites include: Denver, Colorado; Fort Wayne, Indiana; Las Vegas, Nevada; Minneapolis, Minnesota; Colchester, England; Liverpool, England; and Toronto, Canada. CPIs’ plants in Colorado, Nevada, Indiana, Canada and Liverpool are ISO 9001 certified. For more information, visit http://www.cpicardgroup.com.

X-Card Holdings, LLC will be the first supplier to significantly penetrate and enable the Powered Card Marketplace by providing fully functional powered card pre-laminate inlay components to the already established card manufacturing community. This go-to market model follows the customary process currently employed for holograms, magnetic tape and contactless card inlay components which are purchased as value added commodities today. While the X-Card pre-laminate inlay is a technically sophisticated platform, it is designed to be fully compatible with existing card manufacturing processes; as a manufacturing friendly component. For more information contact Dave Ludin, dludin(at)xcardholdings(dot)com.

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