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Canadian Bank Note Consolidates Presence in the Caribbean.


Business Editors

OTTAWA, Ontario--(BUSINESS WIRE)--July 10, 2001

Canadian Bank Note Company The Canadian Bank Note Company is responsible for printing the paper currency of Canada. It also prints and provides document reading systems for identification cards, lottery tickets, stamps and notes for other countries, and many other security-conscious printing-related services. , Limited (CBN) has signed a contract for the supply of more than 200,000 machine-readable visas to the Department of Foreign Affairs of the Dominican Republic. The services to be provided include the security design, origination and printing of the documents that will comply with International Standards Organization See ISO.  (ISO (1) See ISO speed.

(2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI.
) and International Civil Aviation Organization International Civil Aviation Organization (ICAO), specialized agency of the United Nations, organized in 1947, with headquarters at Montreal. The objective of the ICAO, which has 187 member nations, is to encourage the orderly growth of international civil aviation,  (ICAO ICAO
abbr.
International Civil Aeronautics Organization

Noun 1. ICAO - the United Nations agency concerned with civil aviation
International Civil Aviation Organization
) guidelines concerning machine-readable visas. The contract was awarded as a result of an international competition with the participation of security printers from around the world.

According to Ian Shaw, CBN's Vice President of ID Systems, the new Dominican Republic visa will incorporate a sophisticated array of security features, including a security hologram and multicolour intaglio intaglio (ĭntăl`yō, –täl`–), design cut into stone or other material or etched or engraved in a metal plate, producing a concave, instead of a convex, effect. It is the reverse of a relief or cameo.  printing. "This contract represents another step towards our consolidation as the ID solutions leader in the region. We will make use of our internationally recognized design and printing capabilities to provide a product that will deter counterfeiting and resist tampering while reflecting the rich cultural heritage of the Dominican Republic," said Shaw.

CBN's relationship with the Government of the Dominican Republic dates back to 1992, when the Company supplied banknotes that commemorated the 500th Anniversary of Colon's arrival to La Espanola.

For more information, please contact: Ian Shaw Vice President, ID Systems Tel: 613-722-6607 E-mail: ishaw@cbnco.com

Canadian Bank Note Company, Limited is an independent ISO 9001 certified organization that provides total solutions for security documents and systems across four main products areas--Lottery Systems, Identification Systems, Payment Systems, and Shareholder Services. The Company markets its products to government agencies and authorities as well as institutional and other customers in more than 40 countries.

Canadian Bank Note Company, Limited is listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 under the symbol CBK.
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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 10, 2001
Words:293
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