FOR IMMEDIATE RELEASE:
Contact:

David M. Kober
Executive Vice President
American Banknote Corporation
201-592-3400
kober@abnote.com

Timothy Wright Joins American Banknote (ABnote)

Fort Lee, New Jersey, June 1, 2008 - American Banknote Corporation, parent of the ABnote Group, announced today that Timothy Wright has joined the company as Vice President of Product Marketing. Mr. Wright will direct ABnote’s global efforts to package existing regional solutions for resale within the group and also direct new product initiatives through technology partnerships and alliances. He can be contacted at wright@abnote.com. Based in Fort Lee, New Jersey, ABnote markets card based products and solutions throughout the world.

Prior to joining ABnote, Mr. Wright was vice president of sales at Innovative Card Technologies, Inc., developers of the ICT DisplayCard security device for e-banking, e-commerce and data access. His extensive executive career includes vice president of banking and retail at Gemalto, a leader in digital security and the world’s largest provider of smart cards and services.

In his position at Gemalto, Wright oversaw payment card business activities for all of North America. He also served as the vice president of sales for De La Rue Protection in Dulles, VA, USA; manager of sales & marketing for secure card products for Dainippon Ink & Chemicals in Fort Lee, NJ, USA; and manager of the International Department at Takachiho Technica in Tokyo, Japan.

"We are excited to have Tim Wright on board," said John Ekers, ABnote's head of technology. "The breadth of Tim's work in business, sales, and marketing is impressive. His ability to understand what our global sales teams need to effectively deliver products and solutions along with innovative experience and contacts in the world of card manufacturing make him an extremely valuable asset to our company."

Throughout his 20-plus year career, Wright has achieved a strong track record of piloting explosive sales growth in vendors of payment cards, smart cards, and payment card security. He has extensive international business experience, and his educational background includes a masters of law degree from Niigata University in Niigata, Japan. He sits on the Board of Directors at International Card Manufacturers Association (ICMA), is a member of the National Committee of Information Technology Standards (NCITS), and is an International Organization for Standardization (ISO) delegate.

"ABnote has an industry unique advantage in that through their acquisition strategy, they have solid regional offers" said Wright. "I look forward to leveraging regional product and solution success into global offers that can provide significant incremental growth for the company."

About American Banknote Corporation

American Banknote Corporation is a holding company and the parent of the ABnote Group, which operates through its subsidiary companies: American Banknote S.A. in Brazil, Leigh Mardon in Australia, ABnote NZ in New Zealand, CPS Technologies in France, ABnote Europe, s.r.o. in the Czech Republic, and American Bank Note Company and Arthur Blank & Co. in the United States. ABnote, which traces its founding to 1795 and American patriot Paul Revere, is a global supplier of secure documents, services and systems. Principal products include plastic cards, phone cards, paper certificates, lottery tickets, passports, state titles, certificates of origin, stock certificates, and checks. Services include print production, personalization, secure warehousing, distribution, and fulfillment. For more information on American Banknote, visit www.abnote.com or call 201....