Empresas y finanzas

American Banknote (ABnote) Acquires Keystone Manufacturing (Plastics) Limited



    American Banknote Corporation, parent of the ABnote Group,
    announced today that it has acquired Keystone Manufacturing (Plastics)
    Ltd., of Toronto, Canada, for an undisclosed amount of cash.

    The acquisition of Keystone, one of Canada´s premier plastic card
    companies, provides the world-wide ABnote Group access to Keystone´s
    richly diversified suite of customers, along with the ability to take
    advantage of Keystone´s highly regarded reputation in smart cards. In
    addition, ABnote announced Bud Kronenberg would remain at the helm of
    the company together with the current management team.

    As a result of the transaction, Keystone will gain immediate
    access to a wide range of new technologies including Arthur Blank´s
    "green" initiatives. Keystone will supplement its existing product
    lines through ABnote´s global strength in secure card issuance and
    cutting-edge identification products, as well as through its
    complimentary secure printing, warehousing, fulfillment services and
    information technology.

    "We are extremely proud to be able to acquire a company of the
    quality, experience and stature of Keystone," stated Steven Singer,
    Chairman and Chief Executive of American Banknote Corporation.
    "Keystone allows us to enter Canada at a very exciting time as the
    banking community migrates towards EMV and as cross border
    identification becomes paramount between the USA and Canada".

    "Keystone has built a unique brand in Canada - being able to
    leverage the dominant skill sets and exceptional knowledge base that
    ABnote has attained means that Keystone will be able to become an even
    more significant force in the Canadian marketplace", stated Bud
    Kronenberg, CEO of Keystone. "It is with a great sense of pride that
    my team joins forces with a market leader".

    About American Banknote Corporation

    American Banknote Corporation is a holding company and the parent
    of the ABnote Group, which operates through its subsidiary companies:
    American Banknote S.A. in Brazil, Leigh Mardon in Australia, ABnote NZ
    in New Zealand, CPS Technologies in France, ABnote Europe, s.r.o. in
    the Czech Republic, and American Bank Note Company and Arthur Blank &
    Co. in the United States. For more information on American Banknote,
    visit www.americanbanknote.com or call 201-592-3400. For more
    information on all of Keystone´s card products, visit
    www.keystoneplastics.com or call 416-293-3842.