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The company is engaged in providing banknote processing, smart card solutions for telecommunications and electronic payment, and security documents and identification systems. It was incorporated in 1987 with headquarters located in El Prat De Llobregat, Spain. The company develops and provides solutions for the counting, inspection, sorting, packing, and destruction of banknotes. Its systems are flexible enough to meet the varied sorting requirements of commercial banks, cash-in-transit companies, casinos, and other businesses and institutions that process banknotes. It offers cash-handling products for all commercial business areas such as back offices, cash rooms or teller areas at bank branch offices, casinos and cash-in-transport companies. Additionally, the company provides associated service and maintenance, as well as customers solutions for their products. The company provides solutions for every card-based mobile telecommunications system, being GSM (Global System for Mobile Communications), UMTS (Universal Mobile Telecommunications System), or CDMA (Code Division Multiple Access). It is also a supplier of payment cards, services, and smart card based solutions whose customer base includes banks and credit card organizations around the world.