QUALTEQ INC. LICENSES PROPRIETARY FOIL CARD®
TECHNOLOGY TO CPI CARD GROUP, INC.

Plastic Card Manufacturer Continues to License Patented Technology to Industry Leaders

VANCOUVER, BC, CANADA-September 29, 2002-(ICMA)-QualTeq Inc., a leading Visa/MasterCard card manufacturer based in South Plainfield, NJ, announced that the company recently licensed its patented Foil Card® technology-the process of graphically printing over a mirror foil surface of a card-to CPI Card Group, Inc. CPI will manufacture and sell the Foil Card through a non-exclusive agreement.

Unlike previous foil card processes, the QualTeq Foil Card is nearly impossible to counterfeit, and can accept litho and silkscreen inks, foil stamping, lamination, and other applications such as holograms. Available in a variety of foil colors including gold, silver, and rainbow foils, the material can be adapted to existing designs or new design concepts.

"QualTeq's patented Foil Card technology provides organizations with a full complement of important features to enable them to differentiate their cards in the marketplace, including dramatic graphic enhancements and increased security," said Scott Magnacca, executive vice president of sales and marketing, QualTeq Inc. "We are pleased to continue to partner with reputable plastic card manufacturers to put a high-performance, brand-building product in their cardholders' hands."

CPI Card Group, Inc. consists of Colorado Plasticard, Inc., based in Littleton, CO, and California Plasticard, Inc., based in Los Angeles, CA.

QualTeq has also licensed its Foil Card technology to other industry leaders, including Plastag Corporation, a leading non-secure card manufacturer, Schlumberger, a leading provider of smart card-based solutions, and Versatile Card Technology, Inc. (VCT), the largest American manufacturer of plastic cards.

In addition to its Foil Card technology, QualTeq is renowned for the following innovations: Green Earth Card® (biodegradable card), Clear Card™ (translucent card), Color Guard® (colored, high-output magnetics), Braille Card® (Braille embossing), and Life Guard Card™ (long life card).

For more information about the QualTeq Foil Card, contact Scott Magnacca, executive vice president of sales and marketing, QualTeq Inc. at (908) 668-0999, Ext. 213, or visit the Web site at www.qualteq.com.

About QualTeq

Based in South Plainfield, NJ, QualTeq has been a leader in secure card manufacturing for almost 20 years, producing over two billion cards since its inception. QualTeq is a single source supplier of card products and services from card design and manufacturing to personalization and card issuance-receiving recent International Card Manufacturer Association (ICMA) Élan Awards for Card Design Excellence.

QualTeq is a registered trademark of QualTeq, Inc.