FARGO ELECTRONICS, INC.

Oct 1, 2002 12:00 PM

COMPANY DESCRIPTION

FARGO ELECTRONICS, INC. (Nasdaq: FRGO) is the world's leader in innovative technologies for desktop plastic card personalization systems. Based in Eden Prairie, Minnesota, Fargo has sold more than 60,000 systems in the U.S. and over 80 other countries. For more information, visit Fargo's Web site at http://www.fargo.com.

MARKET SERVED

Personalized identification cards provide physical, information, and transaction security for a wide variety of applications including Corporations, National IDs, Driver's Licenses, Universities, Schools, Government Installations, Transportation, Casinos, Health Care Facilities, E-commerce, Retail Stores, Correctional Institutions, Associations, Sports Events and Recreation Sites.

TECHNOLOGIES

Fargo is the only manufacturer to offer three distinct technologies in printing systems — High Definition Printing^™ (reverse image), traditional direct-to-card printing (dye-sublimation), and CardJet Printing^™ technology (inkjet) — to personalize plastic identification cards, complete with digital images and text, lamination, and electronically encoded information. Personalized identification cards are often a key component in today's access control systems.

TECHNICAL SERVICES

Fargo serves end users around the world through a network of Professional Series Distributors, Fargo Solution Providers, Import Suppliers and International Distributors. In addition, factory-based technical support personnel are available by telephone and e-mail to answer questions from dealers and end users. Fargo also offers technical training to its distribution channel.

FACILITY LOCATIONS

All of Fargo's business is conducted from its headquarters in Eden Prairie, Minnesota.

MAJOR PRODUCTS

Fargo offers a complete line of card personalization systems in two series. Fargo's Professional Series responds to a shift in the industry's need for card printer/encoders. Customers are looking for card personalization systems that include innovative features and advanced card technology capabilities that can be easily integrated with existing software and hardware. With the introduction of the HDP820 and Pro-LX in March 2002, CardJet Printing Technology and the CardJet 410 in April 2002, and lamination modules which attach to the HDP820 and DTC525 in September 2002, Fargo has completely upgraded and revamped the Professional Series within the past 18 months.

The Professional Series printer/encoders are Fargo's fastest, highest-quality and most robust printers. The Series includes:

• HDP820, which utilizes Fargo's High Definition Printing technology;
• Pro-LX, the industry's best-selling laminating printer/encoder;
• DTC500 Series printer/encoders, which offer the best in direct-to-card printing;
• and the revolutionary CardJet 410 inkjet printer/encoder.

The Persona Series printers offer versatility, reliability and quality at price points to fit the tightest budgets. With five different models, Persona has printers to suit customers just starting their card program, converting from a film-based system or upgrading their digital technology. Persona printers are available through an extensive network of systems integrators worldwide.

6533 Flying Cloud Drive
Eden Prairie, MN 55344
Phone: (952) 941-9470, or (800) 459-5636
Fax: (952) 941-7836
www.fargo.com

FARGO

Number of employees: 200
Founded 1974

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