NBS Technologies Presents “Payment Card Personalization in the Retail Environment” at Cartes Asia 2011

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Ramesh Ajitaprasad, General Manager, NBS Software Group to address participants of the Cards & Payments Seminar at Cartes Asia 2011 in Hong Kong.

NBS Technologies Inc., a leading provider of hardware and software solutions for card personalization, secure ID, EMV® compliance/migration, smart card and semiconductor equipment solutions for financial institutions, governments, and corporations worldwide, today announced that Ramesh Ajitaprasad, General Manager of NBS’ Software Group, will be presenting “Payment Card Personalization in the Retail Environment” at this year’s Cartes Asia - Cards & Payments Seminar program in Hong Kong.

Mr. Ajitaprasad will outline the challenges that retailers face in the marketplace as it pertains to chip card utilization as well as converging technologies within the retail sector. Speaking about the value of instant card issuance within the retail sector, Mr. Ajitaprasad will address various advantages as well as the solutions available to retailers. Using its patented software technology, Xpressi™ and state-of-the-art hardware offerings, the NBS Software Group offers companies, retailers and financial institutions the ability to issue both magnetic stripe and chip encoded chip cards to their customers.

Xpressi makes EMV / chip card branch instant issuance a cost effective reality and easy to implement. Supporting multiple EMV / chip card configurations and chip types with one system, this solution gives an issuer the flexibility to keep their future expansion and operation options open for change while not getting locked in to any one card or printer supplier. Xpressi supports web, thin client and branch platform integrated deployments or a combination as needed. In addition, it provides many optional functions, so retailers can combine and select from flat print and/or embossing solutions.

“NBS is confident that an economical solution such as Xpressi along with NBS’ full line of card printer hardware offers retailers around the globe a solid, field-tested, instant card issuance solution that has the capability to meet and exceed their needs. Xpressi can encode both magnetic stripe and/or EMV cards giving retailers extreme flexibility to meet the needs of their marketplace,” says Mr. Ajitaprasad.

Mr. Ajitaprasad will also be available to demonstrate the Xpressi software solution on the booth of NBS’ premier dealer Silone – booth # 3 B 32.

For over 30 years, NBS Technologies has been a leading provider of equipment for card personalization, EMV compliance/migration, smart card and semiconductor manufacturing, secure ID, and payment solutions for financial institutions, governments, and corporations worldwide. The company manufactures specialized and complementary product lines within its Smart Solutions, and Payment Solutions divisions. NBS Technologies' headquarters is in Canada, with locations in USA, France and the UK, along with a worldwide dealer network. For more information, visit http://www.nbstech.com.

NBS Technologies is a wholly-owned subsidiary of Brookfield Asset Management (http://www.brookfield.com). Focused on property, power and infrastructure assets, Brookfield has over US$100 billion of assets under management and is listed on the New York and Toronto Stock exchanges and Euronext.

NBS and the NBS logo are registered trademarks of NBS Technologies Inc. in Canada and the US and trademarks in other countries. Xpressi and the Xpressi logo are trademarks of NBS Technologies Inc. with registration complete.

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Ramesh Ajitaprasad

Cori Endrody
NBS Technologis Inc.
(416) 621-1911 ext. 357
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