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View Full Version : $3.1 Million Order for U.S. Green Card Program


RobAllan
08-17-2009, 04:07 PM
LaserCard : Receives 3.1 million (http://www.lasercard.com/newsReleases.php?key=50&release=175&yr=2009)

LaserCard Corporation (NASDAQ:LCRD - News), a leading provider of secure ID solutions, today announced receipt of a purchase order of approximately $3.1 million for the supply of additional U.S. Permanent Resident Cards (Green Cards). The order calls for deliveries to be completed by December 31, 2009.

“After more than 10 years, over 20 million cards, and progressive collaboration, we are pleased to continue our support for this key program,” said Bob DeVincenzi, President and CEO of LaserCard Corporation.

The U.S. Green Card utilizes LaserCard’s tamperproof and highly counterfeit resistant optical memory technology in combination with other advanced security features, including the company’s Personalized Embedded Hologram, a critical feature used by inspectors or agents when electronic readers are not available. The digital security of LaserCard’s optical memory has never been compromised.

The purchase order was received from General Dynamics Information Technology, a business unit of General Dynamics (NYSE:GD - News), prime contractor to USCIS, an agency of the Department of Homeland Security (DHS).

txh1b
08-17-2009, 04:38 PM
Old news. These are empty cards and doesn't mean much as USCIS will use them to embed the info on the chips about the approved candidate in the future.

joydiptac
08-17-2009, 05:12 PM
Old news. These are empty cards and doesn't mean much as USCIS will use them to embed the info on the chips about the approved candidate in the future.
For a moment I was hopeful. :rolleyes:

saketkapur
08-17-2009, 07:55 PM
could be EADs too.........cough up the yearly moolah

svr_76
08-17-2009, 07:56 PM
If you start getting hopeful about any article/news peice that has green card in it..then that's hopeless. :-)

rockrocky
08-18-2009, 12:12 AM
Could they be ?

langagadu
08-18-2009, 12:47 AM
Why did they reduce the order from 8 millions to 3 millions? Is this on top of 8 Millions? :confused::confused: God knows

http://immigrationvoice.org/forum/forum89-news-articles-and-reports/23325-uscis-orders-8-mil-worth-of-green-cards.html

wandmaker
08-18-2009, 10:33 AM
Why did they reduce the order from 8 millions to 3 millions? Is this on top of 8 Millions? :confused::confused: God knows

http://immigrationvoice.org/forum/forum89-news-articles-and-reports/23325-uscis-orders-8-mil-worth-of-green-cards.html

if you exclude lottery count and a speculated one year reserve then the amount of order is little over $3.1m [ie. (226K+140K)*$10=$3.66m]