Lasertechnics Inc. majority-owned Sandia Imaging Systems, Inc., received an initial order to produce 10,000 electronic purse smart cards for IC One, Inc. of Salt Lake City, UT.
IC One is using smart card technology to raise money for schools. With the IC Kids Card program, participating merchants contribute a portion of every purchase made with the card to school(s) of the cardholder’s choice. Each multi-application card will have multiple electronic purses, customized IC Kids Card color graphics and text information printed on the card. Logos of participating merchants will be displayed on the back of each card.
“With our recent announcement of the introduction of IDCARD Services(TM) Division, we are pleased that IC One has chosen Sandia Imaging Systems, Inc. as their supplier of personalized ID cards for this worthwhile marketing program and look forward to continuing growth in this exciting new business area,” says Sandia President and Chief Operating Officer Harry Budow.
Sandia Imaging Systems is based in Carrollton, TX, and produces fraud-resistant wallet-sized ID cards, assembles and sells dye-sublimation card printers, designs and markets turnkey corporate security systems. IDCARD Services provides a turnkey service of producing high volume, quality, durable, visually attractive and secure color ID cards with state-of-the-art technology.
Sandia may be contacted at its US Headquarters in Carrollton, TX, by calling 972-407-6080 or by email: [email protected] You may also visit Sandia’s web site at: .
This press release included “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the company to differ materially from the results expressed or implied by such statements, including general economic and business conditions, conditions affecting the industries served by the company and its subsidiaries, conditions affecting the company’s customers and suppliers, competitor responses to the company’s products and services, the overall market acceptance of such products and services, and other factors disclosed in the company’s Annual Report of Form 10KSB for the year ended Dec. 31, 1996 and all of the company’s subsequent Quarterly Reports on Form 10QSB through September 30, 1997. Accordingly, although the company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct.