LaserCard manufacturer Drexler Technology reported net income of $720,000 on revenues of $5.3 million for the quarter ending Dec 31. LaserCard shipments rose 28%, to 1,545,000 cards from 1,206,000 cards the previous year and 18% above the previous record of 1,310,000 cards. Sales during the quarter included card shipments to the U.S. Department of State for southwestern border security; the INS; the U.S. Department of Defense; the Government of Italy (100,000 national ID cards); VISX, Incorporated; and 23,000 cards to China for two different programs. Last month, the Company raised ‘LaserCard’ shipment estimates for fiscal 2003 to 8 to 10 million cards compared to an estimated 5.3 million cards for fiscal 2002, ending March 31. For complete details on Drexler’s latest results visit CardData ([www.carddata.com]).