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April 15, 2003

Versatile Card Technology Awarded ISO 9001:2000 Certification
Downers Grove, IL

Versatile Card Technology, Inc. (VCT), - today announced that it has been awarded ISO 9001:2000 certification for quality system management by AFAQ. Compliance with ISO 9001:2000, a globally-recognized set of formal criteria, is designed to achieve total customer satisfaction by ensuring on-time delivery quality assurance, environmental management, safety management and occupational health.

"As Versatile Card Technology (VCT) transitions to the largest manufacturer of plastic cards in the world, attaining ISO certification represents a significant milestone, to meet the growing demands of our customers." Said Joseph Cruz, Director of Quality at VCT.

"It is essential for VCT to have a quality management system that assures our products and services are of the highest possible standard," said Cruz.

"The only true measure of a company's success is customer satisfaction," said Nicholas Cooney, President of VCT. "Our recent acquisition of Qualteq has enhanced our visibility in the card industry, and Qualteq is Registered to ISO 9002, it is imperative that all of our facilities meet the demands of the recognized Quality Assurance Programs for our customers needs."

Established by the International Organization for Standardization, the ISO 9001:2000 certification for quality system management requires companies to understand customer needs, implement a documented quality system, and deliver products that meet customer requirements. Strong emphasis is placed on a pro-active management team, and the continuous, measurable improvement of a well-trained work force. Techniques used include customer feedback, internal audits, documentation, and third-party validation. Adopted by more than 100 countries, the ISO standards are universally recognized as a de facto requirement for doing business around the world.


About Versatile Card Technology, Inc. As a globally recognized leader, and the largest American manufacturer of plastic cards, Versatile Card Technology produces cards for every application and offers complete fulfillment services and turnkey solutions. Facilities are located in Turkey, Germany, Mexico, Singapore, Brazil and India. The Visa/MasterCard state-of-the-art facility in Chennai, India, has helped increase VCT's customer focus throughout Europe, Asia, Australia and Africa. VCT has increased its card capacity to produce over one billion cards per year. VCT is a certified manufacturer of Visa and MasterCard and produces a wide variety of products including, loyalty, membership, gift cards, SmartCards, access control and contactless cards.


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