Dynamic Card Solutions Announces Results for 2008.Company Increases Revenue and Orders as Instant Issuance Continues to Take Hold in the Industry ENGLEWOOD, Colo. -- Dynamic Card Solutions (DCS (1) See also DSC. (2) Digital Cross-connect System) A network switching and grooming device used by telecom carriers. See digital cross-connect. ), the leading instant card issuance and PIN selection provider for financial institutions, today announced its 2008 results that include a significant increase in customers, number of product orders and revenue. Following six consecutive years of double-digit growth, DCS continued to expand during 2008; particularly to address increasing demands from business opportunities. The company's revenue increased 23 percent compared to 2007 year-end results. In 2008, DCS also issued 72 new CardWizard[R] Software licenses In computing, software that is copyrighted and licensed under a software license is done under a variety of licensing schemes. For end-users there are proprietary licenses and there are free software licenses, and there are proprietary Within these schemes are further classifications. for instant issue and had numerous existing customers expand their deployments of the company's software and hardware. Overall, the DCS customer base grew to more than 442 financial institutions with installations across thousands of retail bank branches. Known for its patented instant issue software, CardWizard, DCS continues to help financial institutions optimize their card issuing programs by eliminating the delay, cost and risk for cardholders to receive their debit or credit cards through the mail. CardWizard is a component-based software application and can instantly issue fully personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. and compliant Visa[R] and MasterCard[R] products at the branch level. In addition to the success of their software, last year the company also released a patent-pending unembossed card printing method utilizing their newly introduced flat card printer, the FCP (Fibre Channel Protocol) See Fibre Channel. FCP - Flat Concurrent Prolog. ["Design and Implementation of Flat Concurrent Prolog", C. Mierowsky, TR CS84-21 Weizmann Inst, Dec 1984]. 20/20. To date, DCS has received orders for over 1,400 new FCP 20/20 printers. "Recognizing the positive impact on customer service, card activation, usage rates and fee income, more banks and credit unions are implementing instant issuance technology worldwide," said Ron Zanotti, senior vice president of DCS. "Our continued growth is a great indicator financial institutions share our vision that technology innovation is an important investment and asset to have in this ever-changing financial landscape." For more information about DCS' instant issue technology, please visit www.instantissuance.com. About Dynamic Card Solutions Founded in 1996 and a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Dynamic Solutions International, Dynamic Card Solutions is an innovative developer of instant issuance and PIN selection solutions for banks, credit unions and retailers. Dynamic Card Solutions is the leading instant issuance provider for Visa[R] and MasterCard[R] debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The company offers fully integrated solutions that allow financial institutions and retailers to quickly and securely issue ATM, debit, credit and prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay ment n. cards instantly at branch or store locations. Issuing
cards instantly increases customer service, card sales and revenue, and
eliminates current card issuance costs. Dynamic Card Solutions'
system includes a user-friendly administration component that provides
full reporting, card inventory and more. All solutions utilize DES
encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. and are compliant with recommended security procedures for
instant issuance. For additional information, call 1-800-641-5215 or
visit the Dynamic Card Solutions Web site at www.instantissuance.com.
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