News

Strategic partnership with Koenig & Bauer Banknote Solutions

A strategic partnership with Koenig & Bauer Banknote Solutions based on a joint development, subcontracting and commercialization agreement (JDA).

The purpose of the Parties’ relationship under this JDA is to find and make the best use of the synergies between the two parties to improve the technical solutions available in the market for Hologram application machines to maintain high quality products and services for public and private owned banknote printers around the world.

In more specific terms, this new partnership will result in:

• Joint development of an upgraded application machine NotaFoil based on the GIETZ FSA 1060 Foil Commander NOTA technology with Koenig & Bauer Banknote Solutions proprietary inspection, drying, and modular multi-pile delivery systems.
• Koenig & Bauer Banknote Solutions entrusting the joint design and development of a upgrade and service package for installed OptiNota H machines to GIETZ.
• Common development and distribution of a high speed application platform to meet future needs

The machines jointly developed as described above will be distributed worldwide by Koenig & Bauer Banknote Solutions excluding Japan.

We strongly believe that this partnership will further improve the solutions available for applying hologram onto banknotes and will be for the best use for our customers.

If you have any questions on the partnership between Koenig & Bauer Banknote Solutions and GIETZ please contact either Hansjörg Gietz or Michael Grau directly.

We are looking forward to a long-lasting relationship with you.

Gietz AG