[Reader-list] News Items posted on the net on Multipurpose National Identity Cards-49

[Taha Mehmood]

http://www.prweb.com/releases/india/tano_capital/prweb800134.htm

 PR World

Tano Capital Invests $7.4 Million Into India Based Anil Printers Limited

SAN MATEO, Calif. (Business Wire EON/PRWEB ) March 24, 2008 -- Tano
Capital LLC, on behalf of the Tano India Private Equity Fund I, is
pleased to announce that it has made an equity investment of INR 300
million (US $7.4 million) into India based Anil Printers Limited
("APL"). APL is a printing company that manufactures prepaid scratch
cards, pin mailers, airline tickets, cargo bills, and carbon-less
stationery for the telecommunications, banking, courier, and logistics
industries.

We are particularly excited about the strength and depth of Anil
Printers management team. They have demonstrated their ability to
continually adapt and reshape their core businesses in rapidly
changing business environments in both up and down markets. Their
impressive list of top notch clients is a solid testament to the
quality of the products that they produce.
APL was founded by Ashokka Agarwal, who has been in the printing
business for the past 25 years. APL's clients include Reliance
Telecom, Reliance Infocomm, Bharti Airtel, Hutch, Idea, BSNL, MTNL, Nu
Mobile (Bhutan), State Bank of India, Corporation Bank, UTI Bank,
HSBC, HDFC, Canara Bank, Bank of Baroda, Bank of India, Jet Airways
and Indian Airlines.

News Image With this investment, APL plans to manufacture smart cards
and RFID labels in technical collaboration with Mühlbauer High Tech
International of Germany. APL has identified opportunities for the
application of smart cards and RFID technology in several areas,
including driver's licenses and national identification/security card
systems such as the R.C. Book Multipurpose National Identification
Card (MNIC) project.

Charles "Chuck" Johnson, Tano Capital's Founder and Managing General
Partner, said, "We are particularly excited about the strength and
depth of Anil Printers management team. They have demonstrated their
ability to continually adapt and reshape their core businesses in
rapidly changing business environments in both up and down markets.
Their impressive list of top notch clients is a solid testament to the
quality of the products that they produce."

Tano Capital, LLC is an alternative asset management firm founded in
2003 by Charles E. Johnson (formerly Co-President of Franklin
Templeton Investments and CEO of Templeton Worldwide) to make private
equity investments into rapidly growing private companies in India and
China. Tano Capital currently has offices in Shanghai, Tianjin,
Taipei, Mauritius, Mumbai, Viet Nam and San Mateo, California. For
more information, please visit our website at www.tanocapital.com.