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"Closer to the customer" - Sagem Orga opens subsidiary in Mexico

(PresseBox) (Paderborn / Mexico City, ) Sagem Orga, one of the world's leading smart card companies, is opening a subsidiary in Mexico. The new subsidiary and its production site in Mexico will focus particularly on the telecommunications and banking markets.

Sagem Orga has had a strong presence in Latin America since establishing its subsidiary Sagem Orga do Brasil in 1999. "Our new subsidiary in Mexico has brought us even closer to our customers and can give them individual service," commented Philippe d'Andréa, CEO of Sagem Orga. Mexico and Brazil alone account for 60 percent of the overall 500 million inhabitants of Latin America.

Overall, the additional location in Latin America is strategically important in several respects. Mexico is one of the world's fastest growing markets for telecommunications. The market research institute The Competitive Intelligence Unit (CIU) expects the Mexican telecommunications industry to grow by 11 percent this year. Mobile communications expanded by 22 percent in the third quarter of the past year alone and is the engine driving growth throughout the telecommunications industry. Today, 61 out of 100 Mexicans own a mobile phone. This number will continue to grow steadily in the future, along with the capacity and functionality of the SIM cards.

The Mexican banking market holds great potential for growth as well as a result of global migration from magnetic stripe cards to secure smart cards. Sagem Orga offers banks worldwide a comprehensive EMV concept.

About Morpho Cards

Sagem Orga is a pioneer and a global leader in the smart card industry. The company develops and implements cutting-edge technology to turn the vision of unbounded mobile communications and integrated digital security into a reality. Sagem Orga's portfolio includes hardware, software, consulting and services, all focused on smart cards for the benefit of consumers and providers in the telecommunications, health, identification and banking areas.

In the telecommunications sector, Sagem Orga's customers include the world's largest wireless carriers. Millions of people benefit from its custom-made solutions for GSM, CDMA and UMTS. With its security technology designed for the health, identification and banking industries, Sagem Orga protects people and their identities around the world and secures electronic communications between government agencies and the citizens and companies they serve. It offers solutions for biometric and electronic identification, electronic ID cards, health cards, drivers' licenses and cashless payment.

Sagem Orga has a worldwide network of subsidiaries, branches and sales partners as well as production facilities incorporating the latest technology in Germany, Brazil, Russia and India. The company has a workforce of over 2,100 people. As a subsidiary of Sagem Sécurité it is part of the international high-tech group SAFRAN, which generates annual sales of more than 12 billion euros with 57,000 employees in over 30 countries.


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