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| cardsnmore.com / press_releases / lasercard_receives_follow-on_orders_of_approximately_$4.4_million_for_north_american_optical_memory_.html |
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LaserCard Receives Follow-on Orders of Approximately $4.4 Million for North American Optical Memory Card Government ID Programs |
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08.09.2008 - LaserCard Corporation (NASDAQ:LCRD), a leading provider of secure ID solutions, today announced receipt of two purchase orders worth approximately $4.4 million for the continued supply of optical memory cards used in two major North American secure government ID programs.
The first order calls for the delivery of $3.2 million worth of optical memory cards to be delivered in the current fiscal quarter ending September 30, 2008. The second, for approximately $1.2 million worth of optical memory cards, calls for deliveries during the period from September through December 2008.
"We are pleased to continue our support of two high profile homeland security programs in the North American continent," said Bob DeVincenzi, President and CEO of LaserCard Corporation. "Both are a testament to the fact that the digital security of LaserCards optical memory technology has never been compromised."
LaserCard has supplied more than $110 million in optical memory cards and secure card encoders for these two programs since their inception. |
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