TechTrex Inc. and Matica System Srl jointly announced that TechTrex Inc and Matica System Srl, a company which is part of the Kaitech S.p.A Group, have signed a Co-operative Marketing Agreement to jointly promote and market Matica personalization system and TechTrex's card issuance software suite as a "total solution" worldwide to customers.

Under the terms of the Agreement, TechTrex and Matica shall provide customers with an integrated smart card issuance solution. TechTrex and Matica will market this "total solution" together. Typical applications of these smart cards include contact and contactless EMV cards with loyalty applications, financial card applications, and multiple-application secure government identification cards.

"In the face of newly opening markets, customer needs and intensified competitions it is important that individual vendors co-operate and integrate their core competences to create powerful end-to-end solutions. Both Matica and TechTrex have proven their individual competence in various projects worldwide and the initiative of integration and joint promotion is a logical step forward in providing better solutions and customer value." Manbir Oberoi, Sales Director, Matica.

"We aim to offer our customers a wide range of end-to-end solutions. This Co-operative Agreement with Matica will both enhance the flexibility of TechTrex Inc.'s smart card personalisation solutions, including the issuance of contact and contactless EMV/ Banking, Secure ID, and ePurse cards, and offer an additional application of our technology, systems and processes," said Victor Chan, Executive Vice President of Business Development, TechTrex Inc. "We had been providing our customers with simple and cost-effective solutions using our smart card issuance solutions, but there were some customers who requested a total solution. By combining Matica's Personalization System with our products, we further enrich our customers' options."

About Matica System Srl
Established in 1992, MATICA produces and commercialises card personalization systems (credit/debit, identification, loyalty, access control, membership, etc.) and metal plate embossers (military dog tags, car identification, industrial product marking, etc.). Matica System Srl, is a company which is part of the Kaitech S.p.A Group, a Milan-headquartered, Information and Communication Technology and Card Management business listed on the Milan Stock Exchange. For more information, please visit www.maticasystem.it. www.maticasystem.it

About TechTrex Inc.

TechTrex provides unique cost-effective hardware solutions exclusively for the card payments industry. Recent product introductions focus on IP-enabling technologies as well as very powerful low-cost payment terminals. TechTrex leverages international development and manufacturing capabilities to deliver solutions faster, and at a much lower price point than current competitors. TechTrex Inc. has offices in the US, Canada, Japan, China and Korea. www.TechTrex.com

For more Info contact:

TechTrex Inc.
Victor Chan
Email: [email protected]
Phone: +1 (905) 629-0411

Matica System Srl
Manbir Oberoi
Email: [email protected]
Phone: +39 051 671 3323