Aveso and dz card to Introduce World's First Hot Laminated One-Time Password
Display Card
Low Cost, High Volume OTP Cards To Help Accelerate Adoption of Mass Consumer
Two-Factor Authentication
MINNEAPOLIS and BANGKOK, Thailand, May 15 /PRNewswire-FirstCall/ -- dz
card (http://www.dzcard.com), a leading Visa and MasterCard certified card
manufacturer in Asia, and Aveso, Inc. (http://www.avesodisplays.com), the
leader in hot laminated flexible displays, today announced they have partnered
to introduce the world's first electronic display card produced using hot
lamination, the same process used to manufacture >95% of the world's payment
cards today. The announcement signals a breakthrough in the industrialization
of a new generation of card products that will deliver greater security and
convenience to consumers.
Under the partnership, dz card will be the first global card manufacturer
to offer a display card featuring Aveso's display embedded together with a
battery, circuit and microprocessor. The first display card product offered
by dz card is a one-time password (OTP) credential in a convenient credit card
form factor. The OTP cards, to be sold by dz card to security and
authentication providers worldwide, will be available in high volume
quantities in the third quarter of 2008.
"Demand for OTP cards is growing rapidly as banks and online brands look
to offer convenient and cost effective two-factor authentication to consumers.
Protecting consumers online is absolutely essential as the problems of
identity theft and online fraud continue to worsen around the world," said
Dennis Brestovansky, President and CEO of Aveso, Inc. "We are delighted to be
working with dz card to deliver display card products that meet the price,
reliability and volumes the market desperately needs."
OTP cards are expected to rapidly displace bulky tokens used to generate
secure passwords for online transactions, based on strong consumer preference
and low cost of issuance. Aveso's durable displays withstand standard global
card manufacturing processes, allowing OTP cards to be scaled quickly to high
volume and produced in the market in which they are sold, reducing shipping
costs and import duties on the finished product.
About Aveso, Inc.
Aveso is the leading provider of flexible displays suitable for
high-volume, cost-sensitive, mass-consumer applications. Integrated into
products such as credit cards, product packaging and medical diagnostics,
Aveso's displays provide immediate access to relevant and useful data,
delivering unprecedented levels of safety, security and convenience. For more
information, please visit http://www.avesodisplays.com.
About dz card
The dz card group was founded by Jorgen Schmidt in 1971. Leveraging a
heritage of secure printing, dz card today supplies more than 500 million
plastic cards annually to customers around the world. The group is
internationally renowned as a leading manufacturer of a variety of plastic
cards and has a global reputation for premium quality, excellent customer
service and fast delivery. Owner, Founder, Chairman and CEO Jorgen Schmidt
heads the dz card group of companies from the Group Headquarters in Bangkok,
Thailand. For more information, please visit http://www.dzcard.com.
SOURCE Aveso, Inc.
Emily de Rotstein of Aveso, Inc., +1-763-571-2622, ext. 208,
Emily.deRotstein@avesodisplays.com
