Author: sca

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OTI Restructures Its Marketing Strategy To The Chinese Markets

Will Directly Market its SmartID Products to China; Sells its 50% Stake in the e-Smart System Inc. Joint Venture to Partner Who Will Continue to Distribute OTI’s Micropayments & Other Products Cupertino, CA, June 29, 2004–On Track Innovations Ltd. (OTI) (NASDAQ: OTIV; Prime Standard (Frankfurt): OT5), a global leader in contactless microprocessor-based smart card solutions…
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Bay Area Rapid Transit District (BART) Adds Another Application to OTI’s Smart Card

Cupertino, CA, June 21, 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 and petroleum payments, announced today that the San Francisco Bay Area Rapid Transit District (BART) has extended the use of its BART OTI smart card for its employee…
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XTec Awarded GSA Contract for Issuance of Secure ID Smart Card

WASHINGTON, Jun 11, 2004 /PRNewswire via COMTEX/–XTec Incorporated announced today that it has teamed with Prime Contractor BearingPoint, Inc. and Oberthur Card Systems (OCS) to serve as the central production center for the General Services Administration’s centralized Smart Card Personalization and Issuance Program for a common, nationwide identification token. GSA is the centralized federal procurement,…
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Alacris® Identity Validation (OCSP) Server Receives Common Criteria Certification

Certification Significant Because a Growing Number of Large Organizations Assess the Security and Assurance of Technology Products Based on Common Criteria Certification Ottawa, June 1, 2004–Alacris® Inc., a developer of certificate management and identity assurance software products, today announced that the Alacris Identity Validation (OCSP) Server has received Common Criteria (CC) certification effective February 27,…
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ActivCard Digital Signature and Smart Card-Based ID Deployment Receives ‘Card Technology Breakthrough Award’ for Integration

FREMONT, Calif., May 18 /PRNewswire-FirstCall/–ActivCard Corp. (Nasdaq: ACTI), a global provider of strong authentication and trusted digital identity solutions for secure remote access, single sign-on and enterprise access cards, today announced that it has been honored by Card Technology magazine as a winner in the “Card Technology Breakthrough Awards 2004” in the category of “Integration.”…
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OTI Completes $15.1 Million Equity Financing to Institutional Investors

Sold 1.3M Shares at $11.64 per Share CUPERTINO, Calif., May 4 /PRNewswire-FirstCall/–On Track Innovations, Ltd. (Nasdaq: OTIV; Prime Standard (Frankfurt): OT5), a global leader in contactless microprocessor-based smart card solutions for Homeland Security, Micropayments and Petroleum Payments among others, announced today that it has closed on $15.1 million of new equity financing. OTI stated that…
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Annual Report Press Conference: Giesecke & Devrient raises net income by 20 per cent

Berchtold: “G&D has managed to avoid the recessive trend”–high investment shows clear commitment to Germany as industrial base–increased revenue expected for 2004 Munich, May 17, 2004–Technology group Giesecke & Devrient (G&D) achieved a good result in fiscal 2003. The Munich-based organization succeeded in increasing its net income to EUR 28. 2 million. Compared with 2002,…
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Gemplus Delivers World’s First New Generation of MasterCard Payment Smart Cards

Gemplus Continues to Drive EMV Migration Around the Globe, Delivering the World’s First EMV Smart Cards Compliant With MasterCard M/Chip™4 Standard to One of the Leading Retail Banks in Russia LUXEMBURG, and MOSCOW, May 17 /PRNewswire-FirstCall/–Gemplus International S.A. (Euronext: LU0121706294–GEM and Nasdaq: GEMP), the world’s leading provider of smart card solutions, announces that the company…
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Giesecke & Devrient awarded IT security common criteria certificate for SECCOS bank signature card

System meets criteria of the European Protection Profile for Secure Signature Creation Devices Munich, May 14, 2004–The SECCOS multifunctional chip card operating system specified by the banking industry provides a secure platform for a wide range of new application areas in the payment sector. Besides the GeldKarte electronic purse function and EMV capability for national…