Technology Company IAI Industrial Systems Will Supply Systems to Bulgaria (Revenue More Than 10 Million Euro)

By Prne, Gaea News Network
Monday, June 29, 2009

WAALWIJK, The Netherlands - Technology company IAI industrial systems in Veldhoven, the Netherlands, a subsidiary of the stock listed company DOCDATA N.V. in Waalwijk, the Netherlands, will supply over thirty units of two systems for de-centralized personalization of passports and ID-cards to Bulgaria. The majority of the systems will be supplied within 2009.

One of the systems takes care of laser-engraving of ID-cards. The other applies IAI’s patented security feature ImagePerf(R) to passports and ID-cards. These technologies have already been applied in IAI’s highly integrated BookMaster One and CardMaster One systems which target the market of centralized personalization. For the Bulgarian project this proven technology will become available in small stand alone systems that will be supplied in larger numbers due to the lager number of personalization sites.

By developing these systems IAI is entering the market of de-centralized personalization.

IAI’s principal in the Bulgarian project is Siemens EOOD, the local Siemens subsidiary in Sofia, Bulgaria. Siemens will acquire the systems within the framework of an order from the Bulgarian government.

Apart from the supply of systems the order also includes maintenance support for a seven-year period. Maintenance will be carried in close co-operation by IAI and the local Siemens subsidiary in Sofia.

The IAI part in the revenue of the Bulgarian project totals well over 10 million Euro.

Being a leading equipment supplier to the Security Printing market, IAI industrial systems supplies systems for securing and/or personalization of passports, ID-cards, driver licences, banknotes, diplomas and many other security documents.

IAI’s systems are in use in many countries such as: the Netherlands, Belgium, Switzerland, Ireland, UK, Sweden, China, Ukraine, Russia, Canada, Portugal, Estonia, Costa Rica and South Africa, and are planned to be installed in India, Algeria and several other countries.

Technology company IAI industrial systems also offers laser processing systems for producers of solar cells and modules.

The listed DOCDATA N.V. exists of two lines of business:

Technology company IAI industrial systems (www.iai-industrial-systems.com) is a high tech engineering company specialised in developing and building systems for very accurate and high speed processing of all kinds of products and materials. IAI delivers clients globally in the following sectors:

- securing and personalising of security documents - processing of packaging materials - processing of solar cells - processing of other materials

Internet service company Docdata (www.docdata.com) is a European market leader with a strong basis in The Netherlands, Germany and the United Kingdom, and exists of four divisions:

- Docdata commerce - Docdata payments - Docdata fulfilment - Docdata media

Corporate website: www.docdatanv.com

PRN NLD

Source: docdata N.V.

Further information: DOCDATA N.V., M.F.P.M. Alting von Geusau, CEO, Tel. +31-416-631-100

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