Dynamic Card Solutions reports 'significant' growth
April 30, 2008
ENGLEWOOD, Colo. —Dynamic Card Solutions, developer of the CardWizard instant-issue and PIN-selection software for financial institutions, has announced increases in sales, customers and orders for the first quarter of the year.
Orders from large financial institutions contributedto the company's nearly 30 percent revenue growth from 1Q 2007 to 1Q 2008. In addition to new contracts, existing customers expended deployments, according to DCS, resulting in a 34 percent order increase from the same period last year.
"Each year, DCS sees considerable growth as instant issuance isrecognized as a unique way for financial institutions to gain additional interchange revenue and increase customer satisfaction," said Ron Zanotti, vice president of sales and marketing for DCS. "Our company has, and will continue to be an innovative and safe choice for our customers. We anticipate 2008 to be our most successful year yet."