SOURCE: Aveso, Inc.

December 12, 2007 09:00 ET

Flexible Display Company Aveso Hires Payment Card Industry Veteran Dino Ferrari to Lead Business Development

Former Gemalto Vice President of Sales for Secure Transactions Brings Payment Card Expertise to Accelerate Adoption of Aveso's Technology in Display Card Products

MINNEAPOLIS, MN--(Marketwire - December 12, 2007) - Aveso, Inc. (, the emerging frontrunner in flexible displays, today announced that Dino Ferrari will join the company as vice president of business development. Ferrari was previously vice president of the secure transactions business unit at Gemalto, the world's leading manufacturer of payment cards and services. Ferrari's role at Aveso will be to help the company accelerate adoption of its display technology in electronic display card products, including One-Time Password (OTP) display cards for secure online banking and e-commerce transactions.

Ferrari commented, "I'm excited to join Aveso at this inflection point in the display card industry. Banks and online brands have begun issuing OTP cards to consumers and are actively seeking superior technology solutions that deliver against the price point, volumes and lead times required for issuing to a mass-consumer audience. Aveso's compatibility with hot lamination card manufacturing processes makes it a winner for the display card market."

Ferrari brings to Aveso over 25 years of industry experience in the payment card industry. At Gemalto, he oversaw business development and sales for conventional, contactless and contact-based smart cards for the company's Financial Services business unit in North America. Prior to Gemalto, Ferrari held sales, marketing, business development, and technical management positions with Atlantic Zeiser and Gilles Leroux U.S., as well as DataCard, the leading global manufacturer of card personalization, embedding equipment, and software services.

In his new position, Ferrari will be responsible for developing relationships with end customers of electronic display cards featuring Aveso's flexible display technology. He will be based in Pennsylvania, close to the East Coast banking and financial services community.

"Dino is a key addition to our executive team," said Dennis Brestovansky, president and CEO of Aveso. "Display cards, particularly for one-time password applications, are set to take off. Aveso is making it possible for card manufacturers to produce display cards on existing equipment anywhere and everywhere they operate. This is absolutely the best way to get the required volumes of cards to market at the best price point. We're very pleased to have Dino join us at this time to support the growing pull on Aveso from card issuers and manufacturers who are working to make this market happen in a big way."

About Aveso, Inc.

Aveso is the emerging frontrunner in flexible display components suitable for high-volume, cost-sensitive, mass-consumer applications. Integrated into products such as credit cards, product packaging and medical diagnostics, Aveso's displays provide immediate access to relevant and useful data, delivering unprecedented levels of safety, security and convenience. For more information, please visit

Aveso, Primero and the Aveso logo are trademarks of Aveso, Inc. All other trademarks herein are the property of their respective owners.

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