Dynamic Card Solutions Experiences over 50% Growth in 2005; Company Poised for Continued Expansion of Instant Issuance for Financial Institutions.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. ), developer of CardWizard(R), the leading Visa/MasterCard instant issue and PIN selection software application for financial institutions, ended 2005 with significant growth numbers, the addition of numerous new customers, and a strong foothold foot·hold n. 1. A place providing support for the foot in climbing or standing. 2. A firm or secure position that provides a base for further advancement. foothold Noun 1. as the instant issuance vendor-of-choice in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry. Orders from large regional banks across the country contributed to DCS' revenue growth of over 50% percent in 2005. In addition to new contracts, numerous existing customers expanded their deployments of DCS' instant issue solutions as well. Current customers include banks and credit unions such as Wachovia, Virginia Commerce Bank, Desert Schools Federal Credit Union and Dallas Telco Credit Union. "An increasing appetite for instant issuance in large financial institutions drove our performance in 2005," said Ron Zanotti, vice president of sales and marketing for DCS. "Last year, we signed our 200th customer, which was a significant milestone for the company. Looking ahead, we anticipate revenues will continue to rapidly increase as DCS drives the demand for instant issuance in large financial institutions." DCS' CardWizard(R) software provides an easy and secure method to instantly issue and PIN plastic debit and credit cards. Through a robust, user-friendly administration component, CardWizard provides full reporting, card inventory management, proven security and monitoring features required for instant issue. Additionally, DCS provides supplemental solutions, such as the SuperCAT(R) Encoder A hardware device or software that assigns a code to represent data. See encode. 1. (algorithm, hardware) encoder - Any program, circuit or algorithm which encodes. Example usages: "MPEG encoder", "NTSC encoder", "RealAudio encoder". 2. , PIN Wizard(R), and ID Wizard(R), for customer-selected PIN and re-PIN processes that complement its CardWizard integrated platform. 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 and credit 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.cardwizard-dsi.com. |
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