ABnote appoints New CEO

PRESS RELEASE - FOR IMMEDIATE RELEASE

Melbourne Australia, 24th July, 2012

ABnote appoints New CEO
ABnote names Nicholas Ficinus as the new Australasia CEO
Australasia’s longest-established and most trusted global supplier of secure card solutions, announced the promotion of Nicholas Ficinus to ABnote Australasia CEO. Mr. Ficinus, who brings over 10 years of experience with the company, succeeds Justin D’Angelo who recently returned to the US after a successful 3 year deployment.

“It is with a great deal of pride that I leave a thriving organisation to a new dynamic leader”, said Justin D’Angelo. “There have been some significant challenges over the last 3 years, and Nicholas was a key member of the management team that successfully saw us through every one of them. Nicholas’ vision, combined with the passion of the ABnote management team, can only further strengthen ABnote’s position in the market.

"We are fortunate to have someone of Nicholas’ calibre and expertise to step up to the lead at ABnote”, said Steven Singer, Chairman and CEO, ABnote Global. “Nicholas is the rare blend of strong communicator, customer-focused visionary and potent leader. We are confident that these skills will allow him to continue and grow ABnote’s proud track record of innovation and sustained profitability.”

Commenting on his appointment, Ficinus said, “I am excited to take over the Australasian unit of ABnote at such an exciting time in our 207 year history! Our innovations in the form of newer and better approaches to Secure Financial Cards, Drivers Licences, Passports, NFC and TSM services could not have been better-timed, with more and more enterprises requiring the secure technology products and solutions that that ABnote now delivers."

Ficinus continued: “I thank Justin D’Angelo for his contribution and commitment during the last 3 years. He taught me so much, and has left me a strong foundation from which to work; we all wish him well in the future."

About ABnote

ABnote, with facilities in North America, Europe and Australasia, is a leading and trusted global provider of secure document solutions. Its primary products include EMV and mag stripe financial cards (debit and credit cards), identification and secure access cards (drivers' licenses, national ID cards for governments worldwide, and facility entry cards), commercial plastic cards (gift, loyalty and membership), secure documents (savings bonds, stock certificates, passports, vital records, and checks), and innovative services and solutions (including NFC mobile payments, TSM, personalization, secure warehousing, distribution and fulfillment).

For more information on ABnote and its products, visit www.abnote.com.au

ABnote Australasia employs over 650 people in all major states in Australia and New Zealand, and services over 1000 customers, including Australia's major banks, Federal and State Governments and many small and large commercial enterprises.

Founded in 1795, the company's success is due to its continuing focus on new methods, new products, new technologies and a partnering approach to client relationships.

ABnote is security accredited by Visa, MasterCard, EuroPay, Diners Club and American Express, and holds International Quality Standards Organisation ISO9001:2008 in Australia and New Zealand and ISO: 14001:2004 in Australia.

ENDS

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