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LaserCard Got Purchase Orders for Italian Government ID Card Programs

To supply $2.5 million worth of optical memory cards

LaserCard Corporation has received a follow-on purchase order to supply about $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 balance being special bi-lingual versions of the national Citizen ID Card.

The purchase order was received from LaserCard’s Rome-based Authorized Value Added Reseller, Laser Memory Card S.p.a., 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 of LaserCard Corporation.

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.

Comments

LaserCard has recorded several contracts in Italy but is less successful in other European countries.

Read also:
Follow-on Purchase Order to LaserCard by Italian ID Program
For $1 million worth of optical cards and following a $18 million deal

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