CPI Card Group Expands Facility to Further Invest in the Secure Prepaid Market

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CPI will be upgrading the company’s press equipment and facility to provide quality, flexibility and new capabilities in card and package manufacturing and distribution

“This new press capacity will increase our efficiency and throughput. This will help us meet our customers’ demands and it will give us a vital edge in efficiency, flexibilty, and quality."

CPI Card Group, a global leader in financial, commercial and identification card production and related services, announced today that the company is expanding its Roseville, Minn. facility with a new, state-of-the-art press and an increased distribution services capacity to support its continued growth in the prepaid market.

“For the past year, we have seen a dramatic increase in our order volume,” said Paul Boge, general manager of the U.S. prepaid debit market for CPI Card Group. “This new press capacity will increase our efficiency and throughput. This will help us meet our customers’ demands and it will give us a vital edge in efficiency, flexibilty, and quality. In addition, our enhanced capabilites and capacity in our distribution services will boost our ability to serve our customers’ fulfillment needs and accommodate their continued growth.”

"KBA is pleased to partner with CPI and provide this highly-automated KBA press that will aid in the company’s ever expanding capabilities," said Mark Hischar, president and CEO of KBA North America.

The new KBA Rapida 105 is equipped with numerous, state-of-the-art features that will support CPI’s continued production of the highest quality cards and specialty packaging on a variety of substrates including foil, plastics, and PVC. The equipment will also improve the customer press check experience by utilizing the machine’s unique automatic press feature allowing customers to approve jobs remotely.

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.

KBA North America is located in Dallas, Texas and a member of the KBA Group. Established 195 years ago in Wuerzburg, Germany, Koenig & Bauer AG (KBA) is the oldest and second largest press manufacturer worldwide. KBA's banner, 'People & Print', reflects its dual focus as a leading innovator for print entrepreneurs. The group's product range is the broadest in the industry; its portfolio includes commercial and newspaper web presses, sheetfed offset presses in all format classes, special presses for books, inserts, banknotes, securities, metal-decorating, smart cards, discs plus inkjet systems. For more information visit the company's web site at http://www.kba.com

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