Key Developments For LaserCard Corporation
LaserCard Corporation (LCRD.O) (Consolidated Issue listed on NASDAQ Global Market)
LaserCard Corporation Renews Contract To Supply Secure Cargo Identification Solution To U.S. Department of Defense
LaserCard Corporation announced that is has shipped automated manifest system (AMS) card, used for securely identifying contents of U.S. Department of Defense (DOD) shipping containers. The U.S. Defense Logistics Agency (DLA) recently renewed the AMS contract for three years through prime contractor General Dynamics Information Technology, a business unit of General Dynamics.
LaserCard Corporation Gets Green Light to Supply the Initial $8.8 Million of Secure Credentials for Angola`s National ID Program
LaserCard Corporation announced that the Angolan government has officially approved the design of its new national ID card, triggering production start-up by LaserCard for the initial supply of secure optical memory cards for the country`s national ID program. Issuance of cards to Angola`s adult citizens is scheduled to begin in Luanda, the nation`s capital, by this fall. Delivery of the $8.8 million card backlog will begin this quarter and is scheduled to be completed this fiscal year. The cards will be issued as secure wallet-size ID credentials to citizens nationwide and will store personal data including personal and biometric identification.
LaserCard Corporation Announces Contract
LaserCard Corporation announced that it has been awarded the contract to supply secure optical memory cards for the Carabinieri, the Italian national police force. The cards will be issued as secure ID credentials to all uniformed and civilian employees of the agency nationwide and will store personal data including employment, biometric identification and health information. The Company has received a purchase order valued at approximately $800,000 to design, produce and deliver the cards this summer.
LaserCard Corporation Joins Smart Card Alliance
LaserCard Corporation announced that it has joined the Smart Card Alliance. Through this initiative, LaserCard aims to enhance its collaboration with industry peers in delivering, technology inclusive solutions that meet the increasingly complex requirements of large-scale ID credential programs.
LaserCard Corporation Announces Purchase Orders For Italian Government ID Card Programs
LaserCard Corporation announced that it has received a follow-on purchase order to supply about $2.5 million worth of secure optical memory cards for Italian government ID card programs. The vast majority of the cards ordered are Foreign Resident ID Cards, with the balance being special bi-lingual versions of the national Citizen ID Card. The purchase order was received from LaserCard`s Rome-based Authorized Value Added Reseller, Laser Memory Card S.p.a., which supplies and supports the government`s prime contractor on the project. It is expected that shipment of the cards will commence in the March quarter and be completed in the June quarter.
