American Bank Note Holographics reported third quarter net income of $300,000, compared to net income of $700,000 for 3Q/02. Third quarter revenues were $4.6 million, compared with $4.7 million for the third quarter of 2002. For the second quarter, the firm reported revenues of $4.3 million, and net income of $100,000. During the quarter, ABNH amended an agreement with MasterCard to cover the design and acceptance of the new “MasterCard Debit” hologram. The contract was also extended to at least 2011. Under the requirements of the recent Wal-Mart debit card settlement, debit cards must have clear and conspicuous markers. The updated card standards require MasterCard debit issuers in the USA to utilize a new hologram which features the word “Debit” within the MasterCard identification area on MasterCard-branded consumer signature debit, stored-value, electronic benefits transfer, prepaid and payroll cards. Based on the settlement, debit card issuers are required to have 80% of their cards re-issued with a new “Debit” identifier by July 1, 2005, and 100% by January 1, 2007. For complete details on American Bank Note Holographics’ third quarter results visit CardData ([www.carddata.com]).