X Infotech Celebrates 10th Anniversary in Electronic Identity and Payment Card Industry

RIGA, Latvia, Oct. 14, 2016 (GLOBE NEWSWIRE) — X Infotech, (www.x-infotech.com), a global provider of software solutions for identity documents and payment smart cards, officially marks 10 years in business with an anniversary celebration at its headquarters in Riga.

X Infotech was founded in 2006 by passionate and highly skilled IT professionals — Sergey Yeliseyev, Vadim Tereshko, Alexander Popov and Maris Birgelis. The company started with the distribution of partner products, quickly gaining the reputation of a trusted market player. A few years later the company self-invested in R&D, opening the development of its proprietary software products for electronic identity documents and smart cards. Today, X Infotech has immensely broadened the reach and sharpened the vision, evolving a strong track record and serving hundreds of customers in 45+ countries – Europe, Africa, Latin America and Asia.

“We grow and mature in different areas – whether turnover, increased customer satisfaction, market share or the number of the employees,” said Vadim Tereshko, Co-owner and Business Development Director, Banking & Mobile at X Infotech. “After all, our success would not be possible without our team, partners and clients with whom we work together to develop software and lead the industry. On behalf of our Board I would like to express our confidence for many more years of growth and prosperity.”

Within 10 years X Infotech has gathered an impressive success-stories portfolio, from social projects in Africa and payment card programs in the EMEA region to eID documents in Uruguay, as well as the European Union laissez-passer and ePassport/eID card in Ireland. Governments, financial organizations and banks choose X Infotech’s comprehensive software solutions for exceptional quality and robust functionality, complemented with ultimate flexibility and guaranteed delivery.

“This is a very exciting time for me, personally. From our first day in business to today, X Infotech experienced significant growth in government eID,” said Sergey Yeliseyev, Co-owner and Business Development Director, Government eID at X Infotech. “We face the ever-increasing competition in the industry, but together with our extra-dedicated team and reliable partners, we keep climbing to the top of the hill – everyday higher and higher.”

About X Infotech

X Infotech (www.x-infotech.com) is a global provider and integrator of software solutions for identity documents and smart cards. The company helps governments, local document producers, banks and financial institutions to implement eID and smart card programs, providing the IT infrastructure and empowering them to take full and autonomous control of their projects and businesses. X Infotech’s solutions are easily modified, making them compatible with any type of chip and personalization equipment, document verification and biometric enrolment devices.

Headquartered in Europe, X Infotech boasts of having 100% projects successfully implemented in 45+ countries worldwide.

Ksenia Egorova 
Marketing Communications Director 
ksenia.egorova@x-infotech.com 
+371 67930171