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INSIGHTS

LaserCard Receives Purchase Orders for Italian Government ID Card Programs

LaserCard, a provider of secure ID solutions, announced it received a follow-on purchase order to supply about US$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 rest being special bilingual versions of the national Citizen ID Card.

LaserCard, a provider of secure ID solutions, announced it received a follow-on purchase order to supply about US$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 rest being special bilingual versions of the national Citizen ID Card.


The purchase order was received from LaserCard's Rome-based authorized value added reseller, Laser Memory Card, 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.


"We are pleased to continue working with our partners and the Italian government to supply secure credentials for Italy's Foreign Resident and Citizen ID Card programs. Italy's continued investment in the unequalled counterfeit resistance delivered by optical memory based credentials underscores its commitment to the security of its borders,” said Bob DeVincenzi, President and CEO, LaserCard.


According to Laser Memory Card, the Italian government is issuing Foreign Resident ID Cards at a rate that will consume the current card order in approximately six months.


About LaserCard Corporation
LaserCard, together with its subsidiaries, is a provider of secure ID solutions to governments and commercial clients worldwide. It develops, manufactures, and integrates LaserCard optical memory cards, encoders, peripherals, smart and specialty cards, biometrics and modular software. The company's cards and systems are used in various applications, including citizen identification, border security, government service delivery and facility access. For further information, please visit www.lasercard.com.

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