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| cardsnmore.com / press_releases / 15-06-2006.html |
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LaserCard Corporation Announces $2 Million Card Order |
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15.06.2006 - LaserCard Corporation (NASDAQ:LCRD) today announced receipt of a $2 million order for a sports membership card project in the European Union.
The project will be implemented by MCB Company, a long time LaserCard value added reseller based in Ljubljana, Slovenia. The card order was received from Prevent, a local Slovenian company supporting this program. Shipments are expected to begin this month and be completed in July.
Slovenia has a strong history of supporting the development of sports within its borders, and currently has a paper based sports association membership booklet, which contains information related to the holder\'s membership and sports history. According to MCB, these paper booklets may be replaced over the coming year with the new, electronic membership card could contain health information, securely stored on the optical memory, in addition to the existing basic data. MCB plans to market the use of this application to other countries.
Richard Haddock, CEO of LaserCard Corporation commented, "According to MCB there are several hundred thousand members in the sports association in Slovenia, and the development of this new application provides an innovative platform for conversion of other such sports membership card programs internationally. We look forward to assisting with the implementation of this program in the coming months." |
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