LaserCard receives new DHS order for ID cards
Cards will be deployed as part of the permanent resident and green card programs; contract follows success with ID cards for Canada, Costa Rica, and an unnamed Middle Eastern nation
Don’t forget the card! We so often report about the various enrollment and identification systems associated with HSPD-12 and other government ID initiatives that we forget about their most critical elements: the cards themselves. Mountain View, California-based LaserCard jogs our memory this week by announcing a $2.7 million purchase order from DHS for the company’s LaserCard OMC optical memory card. The card will be used for both DHS’s permanent resident, or green card, program, as well at the State Department’s border crossing, or laser visa, initiative. The company’s revenue from the two programs have averaged about $9.5 million annually over the past several years.
The DHS contract is just one of many recent successes for LaserCard. Earlier this year it announced an $11 million contract to provide its cards for a national ID card project in an unnamed Middle Eastern country. LaserCard also provides the cards for Canada’s permanent resident program and Costa Rica’s national identity card program. All told, more than 35 million of the company’s cards are in use world-wide. Investors take note: the company has high hopes for Italy’s national identification card program as well.
-read more in this company news release
