Kuala Lumpur, July 9, 2009—At a highly anticipated Iris Environmental Solutions Launching Event Thursday at Kuala Lumpur’s Mandarin Oriental Hotel. MDT Group of companies, Chairman and CEO Mr. Liew Choon Lian introduced a Papercard™ product he said would "revolutionize" the plastic card usage throughout the world.

"Since plastic card was introduced in 1950’s." Liew said to Tun Dr. Mahathir as showing the Papercard™  to him. “Today, MDT is releasing a piece of innovative green technology that will forever change the existing plastic card application trend and this a real ‘green card’ and it has nothing to do with US PR Card."

"This is amazing, you should talk to all Telcos, Banks, Hotels, and corporate plastic card users to replace their existing petrol-chemical by-products with your eco-friendly PaperCard " advised Tun Dr. Mahathir during the introduction. “Congratulations and good job!” He added.

This is the first card made by recycled and biodegradable paper. High durability, low cost and standard compliant to existing ISO card features. Significantly improved quality compared to existing paper cards.

Potential Applications are Gift Card, Transportation card, Loyalty card, SIM/Identification Card, Hotel Key and other customized solutions.