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| cardsnmore.com / pressemeldungen / lasercard_corporation_receives_a_5,4_million_follow-on_order_for_saudi_arabia.html |
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LaserCard Corporation Receives a $5.4 Million Follow-on Order for Saudi Arabia National ID Card Program |
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12.01.2009 - LaserCard Corporation (NASDAQ:LCRD), a leading provider of secure ID solutions, today announced a follow-on purchase order valued at $5.4 million to supply secure credentials for the Kingdom of Saudi Arabias National Identity Card program.
The national ID cards will be personalized and issued to Saudi citizens via regional issuance centers in cities throughout the Kingdom. Deliveries are scheduled to begin in the current quarter ending March 31, 2009 and are scheduled to be completed in the quarter ending June 30, 2009.
We are pleased to continue our support of this vital citizen identification program, said Bob DeVincenzi, President and CEO of LaserCard Corporation.
The Saudi Arabia National ID card is a wallet-sized card that features LaserCards optical memory security and a contact chip on one side, and the cardholders picture and demographic information on the other. The optical memory adds an unsurpassed level of digital and visual security to the card. As well as enabling the secure storage of the cardholders digital information, such as demographics and facial image, the optical stripe is permanently marked with visible cardholder identity information for ease and confidence of visual verification. This blending of digital and visual security is unique among all card-based data storage technologies. The card is used for secure personal identification and to manage the provision of citizen services through the countrys electronic government initiatives. |
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