Author: sca

OTI Receives An Award By The U.S. Government For “‘electronic’ Passports”

Fort Lee, NJ, January 12, 2005–On Track Innovations Ltd, (OTI) (NASDAQ: OTIV; Prime Standard [Frankfurt]: OT5), a global leader in contactless microprocessor-based smart card solutions for homeland security, micropayments, petroleum payments and other applications, today announced today that its wholly owned subsidiary, OTI America Inc. has been notified by the U.S Government Printing Office (GPO)…

Axalto Supports GPO Decision on U.S. Electronic Passport

Austin, TX, January 18, 2005–Subsequent to the decision by the U.S. Government Printing Office (GPO) to issue additional awards to the four next highest-rated bidders from its initial evaluation process for a contract to provide technology for the U.S. electronic passport, Olivier Piou, CEO of Axalto, made the following comments: “Axalto supports the Government Printing…

ASK awarded by GPO for the US electronic passport

Westport, Connecticut, January 19, 2005–ASK Smart Paper ID, a solution for contactless travel documents, has been selected on January 12th by the US Government Printing Office (GPO) for the first phase of the American electronic passport project. Passport test samples and readers are currently being delivered, these products will be formally evaluated within two months….

SuperCom to Provide Cutting-Edge Biometric Visa System to European Government

Project’s First Stage, valued at $500,000 has commenced New York, NY, and Ra’anana, Israel, January 12, 2004–SuperCom, Ltd. (OTCBB: SPCBF.OB; Euronext: SUP), a leading provider of smart card and electronic identification (e-ID) solutions, today announced that it has signed an agreement with a European government to deploy a cutting-edge biometric visa issuance system in its…

Hypercom Showcasing Newest Multi-Application Payment Technology at NRF

High Speed, Easy-Use Technology Speeds Check-Out Lines, Boosts Profit Lines, Helps Redefine Retail Shorter lines and faster service are coming to large department stores, supermarkets and thousands of smaller multi-lane retail chains thanks to global payment technology leader Hypercom Corporation’s (NYSE: HYC) fast, easy-use card payment technology. The increasingly in-demand technology–including the latest high speed,…

Axalto and Intercede Join Forces to Market Best-of-Breed Smart Card and Identity Management Security Solution

Amsterdam, December 16, 2004–Axalto (Euronext: NL0000400653 AXL) Axalto and Intercede today announced their collaboration in the smart card and identity management market with a combined solution designed to enable businesses, government agencies and educational establishments to quickly and easily protect their PCs, networks, virtual private networks (VPNs), buildings and facilities. Combining Axalto’s card and middleware…

On Track Innovations Ltd. (OTI) Approved For Listing On Nasdaq National Market (NMS)

CEO to Ring the NASDAQ Stock Market Opening Bell on First Day of Trading–Monday, December 20, 2004 Fort Lee, NJ, December 17, 2004–On Track Innovations Ltd, (OTI) (NASDAQ: OTIV; Prime Standard [Frankfurt]: OT5), a global leader in contactless microprocessor-based smart card solutions, for homeland security, micropayments, petroleum payments and other applications, today announced that the…

New Chairman of the Board of Directors appointed at Giesecke & Devrient

Munich, December 15, 2004–At an extraordinary meeting held today, the Supervisory Board of technology group Giesecke & Devrient (G&D) appointed Dr. Karsten Ottenberg new Chairman of the Board of Directors. Dr. Ottenberg is to take up his new position on April 1, 2005. He succeeds Willi Berchtold, who left the organization on October 31, 2004….

LaserCard Corporation Reorganizes Management Structure

Founder Jerome Drexler Retires as Chairman of the Board Mountain View, Calif., December 02, 2004–LaserCard Corporation (NASDQ:LCRD), today announced that Jerome Drexler, the company’s founder, has retired from his position as Chairman of the Board and Director of LaserCard Corporation. Dr. Drexler will remain a part-time senior advisor under a two-year agreement and will hold…

OTI Revenues Up 34% & 11% in 2004 Third Quarter & Nine Months, Respectively

Year-to-Date Revenues of $15.4 Million vs. $13.8 Million Q3 Revenues up 19% from Q2 Year-to-Date Licensing and Transaction Fees Up 75% Fort Lee, NJ, November 29, 2004–On Track Innovations Ltd. (OTI) (NASDAQ: OTIV; Prime Standard (Frankfurt): OT5), a global leader in contactless microprocessor-based smart card solutions for homeland security, micropayments, petroleum payments and other applications,…