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cardsnmore.com / press_releases / 14-01-2008.html

Italy Issues RFP Relating to Nationwide Infrastructure for National Citizen ID Card Program

14.01.2008 - LaserCard Corporation (NASDAQ:LCRD), a leading provider of secure ID solutions, today reported that on January 4, 2008, a Request for Proposal (RFP) was issued by Italy's state printer, Istituto Poligrafico e Zecca dello Stato S.p.A. (Poligrafico), inviting interested parties to submit their qualifications to bid on an anticipated follow-on RFP for up to €60 million (approximately $88 million) in key components and installation and support services for the national infrastructure required to roll out the Italian Citizen ID Card program. This important step follows the December 2007 government decree confirming the government's commitment to rolling out the ID program for 2008 and beyond.

The RFP specifies a requirement for more than 9,000 enrollment workstations to be installed and supported nationwide in regional and city-based service centers. The workstations will be employed in gathering personal information of citizens prior to issuance of their citizen ID cards. The RFP also specifies installation and support services for about 1,300 secure optical memory card encoders which LaserCard believes Poligrafico will request it to supply via a separate solicitation.

In addition to optical memory card encoders, LaserCard Corporation has previously supplied approximately $17 million worth of optical memory cards and 440 encoders for this program.

"This is a very encouraging sign of the Italian government's commitment to the implementation of this key national program," said Bernard C. Bailey, Chairman of LaserCard's Board of Directors. "We welcome this positive step in what we believe will become one of the major programs for LaserCard with as much as $40 million in annual revenue at full implementation."
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