Wednesday, June 1, 2011

Oberthur Technologies Announces the Appointment of James Hussey as Advisor to the Chairman of the Board

LEVALLOIS, France--(BUSINESS WIRE)--Oberthur Technologies, one of the global suppliers of banknotes and secure solutions, announces that James Hussey has accepted a multi-year consultancy with the Company. Mr Hussey has spent over twenty-five years at the leading edge of the banknote and security printing industry and will act as Advisor to the Chairman of the Board.
“We are absolutely delighted to welcome someone of James’s ability and depth of experience to work with us. His detailed understanding of the market and long-standing relationships across the industry will be invaluable to Oberthur as we seek to continue to grow our banknote and security printing business.”
Mr Hussey will take up his appointment today, June 1 2011.
Commenting on the appointment, Chairman Jean Pierre Savare said, “We are absolutely delighted to welcome someone of James’s ability and depth of experience to work with us. His detailed understanding of the market and long-standing relationships across the industry will be invaluable to Oberthur as we seek to continue to grow our banknote and security printing business.
Furthermore, following press and analysts’ speculations, we want to clarify, without any reservation, that we have no intention of making an offer forDe La Rue plc.”
About Oberthur Technologies
Oberthur Technologies is a world leader in the field of secure technologies: systems development, solutions and services for smart cards (payment cards, SIM cards, access cards, NFC…) and for secure identity documents, traditional and electronic (identity card, passport, health care card), production of banknotes, cheques and other fiduciary documents, intelligent systems to secure cash-in-transit and ATM. Oberthur Technologies has 6,800 employees through 40 countries and 65 sites. The Group posted 2010 sales of €979M.

Contact(less)

PRESS CONTACTS
Corporate:
Charlotte LAFONT-MACHIN
Telephone: +33 1 55 46 71 23
Email: c.lafont-machin@oberthur.com
or
Press:
PRESS CONTACT:
M:Communications: +44 20 7920 2330
Louise Tingström (+44 7899 066 995)
tingstrom@mcomgroup.com

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