MDC's Security Products Division LANDS $11.6 Million in New Contracts.TORONTO--(BUSINESS WIRE)--Aug. 28, 1996--MDC COMMUNICATIONS CORP. OF TORONTO (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). STOCK: MDZ MDZ Mendez MDZ Moskauer Deutsche Zeitung (Moscow German newspaper) MDZ Maritime Defense Zone MDZ Musik Der Zukunft (music label & community) MDZ Mendoza, Mendoza, Argentina - El Plumerillo .A AMEX AMEX See: American Stock Exchange STOCK: MDQ ) today announced that its Security and Specialty Printing Division has landed several significant new contracts from different customers around the world - covering excise and postage stamps, magnetically encoded airline tickets and boarding passes, sporting event tickets and other products - valued up to $11.6 million (CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ) or $8.5 million (US) over three years. The excise stamp order with the Kingdom of Thailand is for 600 million 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. printed revenue stamps which are used for liquor, spirits and other beverages. Deliveries will begin in the fourth quarter of 1996. The new postage stamp contract, with the Hong Kong Post
Hong Kong Post (Japanese: 香港ポスト) is a Japanese-language weekly newspaper published in Hong Kong every Friday. It is sold in shops such as c!ty'super. Office, is for two years, extendible for a third year, and involves a variety of definitive issues in offset printing delivered in panes and booklets. The contract for magnetic airline ticket and boarding passes is for two years with Northwest Airlines, a customer of the division's Mercury Graphics subsidiary for more than ten years. Mercury has also been successful in securing first time contracts with three new teams in each of the NFL, NHL NHL Non-Hodgkin's lymphoma, see there , Major League Baseball "MLB" and "Major Leagues" redirect here. For other uses, see MLB (disambiguation) and Major Leagues (disambiguation). Major League Baseball (MLB) is the highest level of play in North American professional baseball. and the NBA including the Chicago Bulls and Toronto Raptors. According to MDC (1) (Mobile Daughter Card) See riser card. (2) See Meta Data Coalition. President and Chief Executive Officer Miles S. Nadal, these new contracts are more evidence of increasing international market momentum--and of progress to diversify internationally and by product range--for the Security and Specialty Printing Division. Additional sales will continue to enable MDC to further utilize more of its internal printing capacity which--a key corporate objective. Recently, MDC announced the acquisition of Davis + Henderson, one of North America's largest producers of cheques. In business for more than a century, Davis + Henderson is expected to generate revenues in excess of $80 million for fiscal 1996. It employs over 750 people at seven plants in Canada and one in the United States. MDC's Security and Specialty Products Division is also about to complete the acquisition of Australia-based Rexam Security Products which provides access to credit, debit and telephone card businesses--and a strong position to develop the "smart" card market. In combination, Davis + Henderson and Rexam will make MDC a significant global player in financial transaction products--in addition to postage and other stamps, airline tickets and boarding passes, and transit and high-end event tickets. MDC Communications Corporation is a publicly traded multi-disciplined communications organization with a strong record of growth through three divisions: Security and Specialty Printing, Direct Marketing and Home Shopping, and Communications and Marketing Services. CONTACT: MDC Communications Corporation Miles S. Nadal, 416/960-9000 ext. 223 W. Judson Martin, 416/960-9000 ext. 243 or Morgen-Walke Associates David Walke, 212/850-5600 Jessica Davis, 212/850-5600 Libby Marshall, 212/850-5600 Stan Froelich, 212/850-5600 |
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