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Description: MagTek, Inc. is in the electronic transaction technology business. Established in 1972, the company’s main office was originally based in Carson, California, USA. It has recently relocated to Seal Beach, California. MagTek has since expanded and opened sales offices in the United States, Europe, and Asia. It has established its reputation as a world leader in its industry.

MagTek, Inc.’s products are available through independent distributors in over 40 countries. The company’s numerous offices ensure that there are local support centers to assist customers with their orders. These centers also assist with technical inquiries and product questions. The devices are often incorporated in services offered to end-consumers.

MagTek Inc. guarantees the quality of their products. The company has been ISO-9001 certified. While working with North America’s leading management system registrar QMI in 1999, MagTek Inc. received its first ISO-9001:1994 certification. QMI is an institution that certifies companies that manufacture high quality products. QMI audits MagTek Inc. semi-annually to ensure that the highest quality standards and procedures are maintained.

In 2002, MagTek Inc. obtained an ISO-9001:2000 certification, after it upgraded its management system.

MagTek Inc. specializes in electronic transaction security products. It manufactures cardholder verification systems, magnetic stripe card writers and readers, secure PIN issuance and MICR check readers and scanners. It marks its company milestones with each major product development. For example, MagTek Inc. technology pioneered the installation of public telephones in individual passenger seats during airline flights in 1984.

The company’s clients use its products and components to ensure the security of custom retail POS terminals, banking customer service terminals, and ATMs. Clients also incorporate MagTek, Inc. products at point-of-sale (POS) and back-office locations, restaurant transactions, and hospital equipment.

MagTek Inc. addresses the security risks of banking “phishing” as well as “skimming” (illegally reproduced cards) through its strong two-factor authentication technology. This authentication technology uses existing Debit, ATM, Credit and Gift Card data accessed through a network of business channels and vertical markets.

The company’s MagnePrint line of products uses technology built on the same principle as fingerprints. The magnetic stripes on cards are unique due to the random distribution of the magnetic particles. The MagnePrint products are thus able to determine the authenticity of cards being swiped by identifying the magnetic stripes.

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