The Company develops and manufactures state-of-the-art magnetic stripe cards and tickets that are used for prepaid telephony, passenger access, tolls, parking lots and other secure transactions.
The Company has a presence in Argentina and Brazil, and a manufacturing plant in Buenos Aires with 4,200sqm of covered area. The Company has a professional workforce of around 130 people. Its production capacity is 18 million cards and 30 millions magnetic tickets per month.
The Company supplies pre-paid phone cards to the leading telecommunication companies in Argentina, and also serves customers in Brazil, Mexico, El Salvador, Venezuela, and other countries of the region.
The Company holds 80% of the domestic market for magnetic tickets and exports 50% of its ticket production to the most important public transport companies in Brazil and Chile. Company sales are spread over the three major Latin American countries (Argentina, Brazil and Venezuela). The Company has the potential to be used as low-cost production location to target the North American markets.
Currently, the Company operates at around 60% of capacity, leaving plenty of room increasing sales. Equipment includes a automated state-of-the-art production line. The Company does not require major capital expenditures, since its equipment still has a long useful life.
Argentine Magnetic Stripe Card and Ticket Producer
