LaserCard Receives $8.6 Million Order for U.S. Green Cards

Recent Addition to HID Global’s Government ID Business Provides Innovative and Highly-Differentiated Solution for Securing and Accelerating Border Crossings

MOUNTAIN VIEW, Calif.--()--LaserCard Corporation, a leading provider of secure ID solutions, announced receipt of an order for approximately $8.6 million for optical security media cards to be issued under the Department of Homeland Security’s U.S. Permanent Resident Card (“Green Card”) program. Delivery is scheduled for completion in August, 2011.

“The U.S. Green Card has set new standards in security and functionality for government programs worldwide,” said Robert DeVincenzi, president of LaserCard Corporation. “It is the world’s first implementation of optical security media for visual and data security and an RFID tag for accelerated border crossing, and it incorporates a host of security innovations.”

The U.S. Green Card has been recognized by U.S. forensic experts as “effectively putting mass counterfeiters out of business” and the new card was judged the world’s leading government ID card in terms of technology and user utility in a July, 2010 report by analyst firm Frost & Sullivan. Officials of the U.S. Citizenship and Immigration Services, the Green Card’s issuer, were recently honored by GSN Magazine for their leadership in building the U.S. Green Card into a highly effective border security program.

“The specification of LaserCard’s optical security media for this high profile and critical application is evidence of the company’s innovative technical leadership in the secure credential arena,” said Denis Hébert, president and CEO of HID Global which recently completed the acquisition of LaserCard. “It is a key component of the compelling advantages we will jointly offer as a single source of complete e-Identity solutions.”

LaserCard’s highly secure, advanced ID credentials are trusted by governments worldwide to protect the personal identification of their citizens, foreign residents and government employees, and to provide official documentation such as driver licenses and vehicle registration cards.

About LaserCard Corporation

LaserCard Corporation is a leading provider of secure ID solutions to governments and commercial clients worldwide. It develops, manufactures, and integrates LaserCard® optical security media cards, multi-technology 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 further information, please visit www.lasercard.com.

LaserCard was recently acquired by HID Global, trusted leader in solutions for the delivery of secure identity. For further information, please visit www.hidglobal.com.

Contacts

LaserCard Corporation
Ellen Brook, + 1 650-267-1949
ebrook@lasercard.com
or
Mary McEvoy Carroll, + 1 408-691-4283
mmcevoy@lasercard.com

Release Summary

LaserCard Receives $8.6 Million Order for U.S. Green Cards

Contacts

LaserCard Corporation
Ellen Brook, + 1 650-267-1949
ebrook@lasercard.com
or
Mary McEvoy Carroll, + 1 408-691-4283
mmcevoy@lasercard.com