Dynamic Card Solutions Selects Sistek, Inc. to Exclusively Distribute Products in Puerto Rico.Sistek to Provide Full Sales, Installation, Service and Support for CardWizard Throughout the Growing Caribbean Market 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 instant issue and PIN selection software application for financial institutions, today announced that its hardware and software will be distributed exclusively throughout Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. and the Caribbean by Puerto Rico-based Sistek, Inc. Leading financial institutions in Puerto Rico, such as Banco Popular, Doral Bank and Western Bank, have already chosen CardWizard to instantly issue debit A monetary amount that is subtracted from an account balance. A debit from one account is a credit to another. See credit. , credit and ATM cards An ATM card (also known as a bank card, client card, or cash card) is an ISO 7810 card issued by a bank, credit union or building society. Its primary uses are: Sistek was selected in large part because of the company's technical savvy and business acumen acumen Astuteness, perception, perspicacity . The partnership will provide DCS a local point of presence on the sales side, as well as hardware and software installation, service and support. "Sistek is a wonderful partner for us. This is a highly capable company with great integrity. They are dedicated, hardworking and they know our products inside and out," said Ron Zanotti, vice president of sales and marketing for DCS. "We look forward to exclusively working with them and to seeing the market for instant issuance in Puerto Rico and the Caribbean continue to grow." Robert Castillo, vice president at Sistek, added that CardWizard is the only instant issuance technology they would consider representing in their market. "With CardWizard, we can assure our customers that they are receiving the most reliable and easy-to-use instant issuance system available. When industry-leading financial institutions like Banco Popular, Doral Bank and Western Bank select CardWizard, you know it's the best. Additionally, DCS is very easy to work with and they give this partnership full support." 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 does 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. About Sistek Sistek, Inc. is a company incorporated under the Commonwealth of Puerto Rico. Sistek provides sales and service of equipment, software, supplies, and technical support for instant issuance systems (ATM and Credit), digital identification, mag-stripe encoders, and access control systems. Established in Guaynabo, Puerto Rico Guaynabo (pronounced as IPA: [ˌɡwaiˈnabo]; also known as Guaynabo City or GC) is a municipality in the northern part of Puerto Rico, located in the northern coast of the island, north of Aguas Buenas; south of , the company has developed the most complete network of integrators and distributors throughout the island. More information can be found at www.sistekinc.com. |
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