Giesecke & Devrient Canada Honored with the 2010 MBT Business Employer of
Excellence Award

The 20^th Annual Markham Board of Trade Business Excellence Awards, held in Markham, Ontario, Canada's high technology capital, recognized G&D Canada as the winning recipient in the "Employer of Excellence" category.

To view the Social Media Release, click here: http://smr.newswire.ca/en/giesecke-devrient/giesecke-devrient-honored-2010-mbt-business-employer

MARKHAM, ON, Dec. 8 /CNW/ - Giesecke & Devrient (G&D) Canada, a subsidiary of the Giesecke & Devrient Group worldwide, an international technology provider, was awarded "Business Employer of Excellence" on November 18^th, 2010 from the Markham Board of Trade (MBT) at their 20^th Annual Business Excellence Awards gala held in Markham.

"It is truly an honor to receive this prestigious award from the Markham Board of Trade," commented Edgar Salib, President and Managing Director of Giesecke & Devrient Systems Canada, Inc. "Employees are a company's lifeblood; the true key to its success. At G&D, our corporate claim is Creating Confidence. As an organization, and especially a family-owned business, we believe that this is just as important with our employees as it is with our clients and partners."

This is the second time that G&D Canada has been recognized at the MBT Business Excellence Awards.  In 2002, they were awarded in the category of High Quality and Service.  At this year's 2010 awards, G&D was one of a select group of twenty-three finalists chosen from a field of 75 nominees from over 10,000 businesses in Markham.

"A record number of nominations this year speaks to the strength and diversity of Markham's vibrant business community," said Richard Cunningham, President & CEO, Markham Board of Trade.  "Congratulations to the 2010 nominees, finalists and recipients, and thank you to the Business Excellence Awards Committee for ensuring our gala was a great success."

"Markham congratulates Giesecke & Devrient, one of our community's most successful global companies. This award is given to the company that best demonstrates the ability to attract, retain & nurture "the best & the brightest" employees from around the world by investing in employees & providing a culture of workplace excellence.  Markham, our nation's Hi-Tech Capital, is proud to be home to G&D Canada," said Mayor Frank Scarpitti, Town of Markham.

G&D Canada has experienced steady growth in business translating to an increase in their workforce of 40% comprised primarily of highly skilled and technical positions. The increase has been a result of strategic planning and driven largely due to their leadership role in the current EMV migration to chip for credit and debit in Canada. This investment is also helping to support the growing adoption seen in contactless technology especially in Dual Interface (DI) as well as preparing a workforce for the evolving mobile payment ecosystem including hardware, software and services.

About Giesecke & Devrient
Giesecke & Devrient (G&D) is a leading international technology provider headquartered in Munich, Germany. With a headcount of more than 10,000 employees, the Group generated sales of EUR 1.7 billion in fiscal 2009. Founded in 1852, G&D is a global market leader and pioneering innovator in banknote production and processing, smart card solutions and services for telecommunications and electronic payment, and security documents and identification systems. 65 subsidiaries and joint ventures across more than 32 countries ensure customer proximity worldwide. For more information, visit our website at: www.gi-de.com.

For further information:

Giesecke & Devrient Canada .Corporate Communications . www.gi-de.com/press
Press Contact: Cheryl Hutton. Senior Mngr., Marketing & Communications. Email:[email protected]
316 Markland Street, Markham, Ontario L6C 0C1