LaserCard Follow-on Order for Saudi Arabia National ID Card Program
Valued at $5.4 million
This is a Press Release edited by StorageNewsletter.com on January 20, 2009 at 3:42 pmLaserCard Corporation announced a follow-on purchase order valued at $5.4 million to supply secure credentials for the Kingdom of Saudi Arabia’s National Identity Card program.
The national ID cards will be personalized and issued to Saudi citizens via regional issuance centers in cities throughout the Kingdom. Deliveries are scheduled to begin in the current quarter ending March 31, 2009 and are scheduled to be completed in the quarter ending June 30, 2009.
“We are pleased to continue our support of this vital citizen identification program,” said Bob DeVincenzi, President and CEO of LaserCard Corporation.
The Saudi Arabia National ID card is a wallet-sized card that features LaserCard’s optical memory security and a contact chip on one side, and the cardholder’s picture and demographic information on the other. The optical memory adds an unsurpassed level of digital and visual security to the card. As well as enabling the secure storage of the cardholder’s digital information, such as demographics and facial image, the optical stripe is permanently marked with visible cardholder identity information for ease and confidence of visual verification. This blending of digital and visual security is unique among all card-based data storage technologies. The card is used for secure personal identification and to manage the provision of citizen services through the country’s electronic government initiatives.
Comments
This brings the total value of orders received for the program since April 1, 2008 to $12.8 million.
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