Deutsche Effecten- und Wechsel-Beteiligungsges. AG
EANS-News: DEWB investment holding KSW Microtec and LaserCard Corporation pioneer innovative ID technology to support U.S. Green Card program
Dresden, Germany, June 1, 2010 (euro adhoc) -
Strong alliance boosts companies reach into high security government ID projects
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Company Information
Subtitle: Strong alliance boosts companies reach into high security government ID projects
KSW Microtec AG, one of the world´s leading suppliers of RFID components and inlays for secure credentials, is supplying LaserCard Corporation, a leading provider of secure ID solutions, with innovative, custom-designed KSW Thinlams® for the new contactless U.S. Permanent Resident Card (Green Card). The U.S. Department of Homeland Security (DHS) began issuing the new card on May 11, 2010.
The new card´s innovative structure is a technological success resulting from the companies´ strong collaborative alliance. KSW developed a customized RFID Thinlam® optimized to uniquely match the physical characteristics of LaserCard´s credential platform. Thinlam® with a thickness down to 270µm is commonly used manufacturing government ID documents including passports, driver´s licenses as well as identity cards and are also widely used in the e-payment sector.
The next generation Green Card utilizes LaserCard´s tamper-proof and highly counterfeit resistant optical security media as its key visual and physical security feature and the integrated RFID tag to provide compliance with the Western Hemisphere Travel Initiative. The Radio Frequency Identification (RFID) capability allows officers at borders and ports of entry to read the card from a distance and compare it immediately to file data. The optical security media enables authorities and inspection agents to make a confident judgment about card authenticity and visual identification of the cardholder even when electronic readers are not available. The combined technologies set a new, higher standard for international government ID card programs.
"KSW´s trend-setting RFID technology for ultra-thin pre-laminates and inlays based on polycarbonate and LaserCard´s optical media based identity cards, widely recognized as being the most secure, ensure optimum solutions for customers in the high-security ID market," said Thomas Hitzer, CEO of KSW Microtec.
Building on their complementary expertise, advanced technologies and specialization in high security identity programs, the two companies are gaining wide recognition in the global ID security industry.
Chris Dyball, chief operating officer of LaserCard Corporation said, "The winning combination of LaserCard´s expertise in secure identity credential solutions and KSW Microtec´s experience in the production of RFID components for high-security applications assured the development of a rugged, reliable credential, designed to meet and exceed our customer´s requirements. We see significant opportunities in the further collaboration of our companies."
******* About KSW KSW Microtec AG, with its headquarters in Germany, is the world´s leading supplier of RFID (Radio Frequency Identification) components for applications such as eTicketing, ePayment, Asset Management, access control and high security. KSW combines successful high-end wafer processing, extremely efficient assembly technology and far-reaching expertise in design. KSW has earned itself a leading position on the market as one of the most efficient, and simultaneously most flexible, producers of RFID components. The globally active company was founded in 1994 and has clean room production facilities in Germany. KSW is an investment holding of the listed venture capital company DEWB Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG headquartered in Jena. For more information see: www.ksw-microtec.de
About LaserCard 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 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 contact: Sandra Jaunich KSW Microtec AG Manfred-von-Ardenne-Ring 12 01099 Dresden - Germany Tel: +49 351 889 60 28 Fax: +49 351 889 60 11 sandra.jaunich@ksw-microtec.de www.ksw-microtec.de
KSW Media contact: Tim Cockerell Wise Media S.p.A. Via Lepetit 4 20124 Milano - Italy Tel: +39 02 8903 4112 Fax: +39 02 67388322 tim.cockerell@wisemedia.com www.wisemedia.com
LaserCard Media contacts: Ellen Brook/Mary McEvoy Carroll LaserCard Corporation Mountain View, CA - U.S. Tel: 650-267-1949 or 408-691-4283 ebrook@lasercard.com mmcevoy@lasercard.com www.lasercard.com
end of announcement euro adhoc
Further inquiry note:
Marco Scheidler
Tel.: +49 (0) 3641 573-3600
E-Mail: marco.scheidler@dewb-vc.com
Branche: Financial & Business Services
ISIN: DE0008041005
WKN: 804100
Börsen: Berlin / free trade
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München / free trade
Frankfurt / Open Market / Entry Standard