LaserCard Corporation Joins Smart Card Alliance
Mountain View, California, June 16, 2009 – LaserCard Corporation (Nasdaq: LCRD; (http://www.lasercard.com), a leading provider of identity (ID) solutions and services, today announced that it has joined the Smart Card Alliance. Through this initiative, LaserCard aims to enhance its collaboration with industry peers in delivering innovative, technology-inclusive solutions that meet the increasingly complex requirements of large-scale ID credential programs.
“The Smart Card Alliance is driving a new generation of products and solutions based on smart card technology and we are very pleased to be counted as a member,” said Bob DeVincenzi, president and chief executive officer of LaserCard. “We look forward to sharing our expertise in incorporating multiple technologies on the same credential platform, and to exploring new opportunities and expanding our partnerships with fellow members of the Alliance.”
As a member of the Smart Card Alliance, LaserCard will participate in education programs and conferences, industry councils and market research. The company joins some 200 other members representing leading companies in the financial services, computer, telecommunications, healthcare, and retail industries, as well as federal government agencies.
For its worldwide base of government and enterprise clients, LaserCard delivers customized combinations of technologies to flexibly meet a broad range of security, e-government and facilitation requirements. The company integrates technologies including optical memory, microprocessor chips, RFID tags, biometrics, security features, special materials and durable credential construction to provide maximum security for its customers.
Randy Vanderhoof, Executive Director of the Smart Card Alliance, said, “We look forward to LaserCard’s contributions to the Alliance as we continue to develop new solutions for current and future ID card needs.”
LaserCard currently partners with smart card industry leaders to supply hybrid credentials for major projects including the Saudi Arabian national ID programs, and for three state vehicle registration programs in India. LaserCard-based ID credentials are also deployed in national programs including the U.S. Permanent Resident Card (“Green Card”), the Italian Citizen and Foreign Resident ID Cards, the Costa Rica Foreign Resident Card, and the Angolan National ID Card.
About the Smart Card Alliance
The Smart Card Alliance is a not-for-profit, multi-industry association working to stimulate the understanding, adoption, use and widespread application of smart card technology. Through specific projects such as education programs, market research, advocacy, industry relations and open forums, the Alliance keeps its members connected to industry leaders and innovative thought. The Alliance is the single industry voice for smart cards, leading industry discussion on the impact and value of smart cards in the U.S. and Latin America.
For more information please visit http://www.securetechalliance.org.
About LaserCard Corporation
LaserCard Corporation, together with its subsidiaries, is a leading 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 more information, please go to http://www.lasercard.com.