ADVISORY/LaserCard Security Applications to be Exhibited at 'SmartCard 2000' Expo in London, England, February 8-10.News, Assignment, Business Editors/Computer/Internet Writers ADVISORY... for Tuesday (February 8) Drexler Technology Corporation (NasdaqNM: DRXR) and its subsidiary, LaserCard Systems Corporation, will exhibit state-of-the-art LaserCard(R) optical memory card security systems at the &uot;SmartCard 2000&uot; International Advanced Card Expo and Conference, London, England, February 8-10, 2000. The LaserCard Systems exhibit will showcase the LaserCard's security features, data reliability, durability, and high data-storage capacity. Featured applications and products will include secure identification for border security, immigration immigration, entrance of a person (an alien) into a new country for the purpose of establishing permanent residence. Motives for immigration, like those for migration generally, are often economic, although religious or political factors may be very important. , and travel applications; the LaserCard Development Kit designed to enable rapid, low cost product evaluation and application development; and the LaserBadge enrollment and card personalization system. LaserCard(R) optical memory card is a credit-card sized, personal, portable data-storage device with a storage capacity of 4.1 Mbytes (user capacity of 2.8 Mbytes) of digital data, including text, graphics, and images. Applications include secure identification, automated border clearance, portable clinical records, business-to-business e-commerce, point-of-sale, customer loyalty, equipment access control, logistics management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet , and others. LaserCard has become North America's most widely used advanced technology ID card thanks to the U.S. federal government's &uot;Green Card&uot; and &uot;LaserVisa&uot; programs. LaserCard was chosen for these programs because of its advanced security features that can be progressively upgraded or modified to stay ahead of high-tech counterfeiters. Key security features of the LaserCard digital identity card include a process of uniquely laser engraving Laser engraving is the practice of using lasers to engrave or mark an object (it is also sometimes incorrectly described as etching, which involves the use of acid or a similar chemical). an eye-readable image of the cardholder's face, biographic data, signature, document number, and expiry data. LaserCard also has the ability to recover all digital data recorded on the card, even data that is &uot;erased&uot; by the user. In November, a Drexler Technology news release discussed the Company's hybrid smart card with optical memory stripe, called a &uot;PC-like&uot; smart card for applications such as B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. . This hybrid LaserCard has a microprocessor and 1 Mbyte of updatable optical memory that can store digital signatures, digital certificates, cryptographic keys such as PKI (Public Key Infrastructure) A framework for creating a secure method for exchanging information based on public key cryptography. The foundation of a PKI is the certificate authority (CA), which issues digital certificates that authenticate the identity of (Public Key Infrastructure) for secure Internet e-commerce, and also can store multi-application programs and software upgrades. Headquartered in Mountain View, California For the census-designated place, see Mountain View, Contra Costa County, California. For other places called "Mountain View", see . Mountain View is a city in Santa Clara County, in the U.S. state of California. The city gets its name from the views of the Santa Cruz Mountains. , Drexler Technology Corporation is the world's leading manufacturer of optical memory cards. During the 1999 fiscal year ended March 31, 1999, Drexler Technology's net income was $4.1 million, up from $1.8 million in fiscal 1998. The Company's optical memory card shipments increased from 2.3 million cards during fiscal 1998 to 4 million cards in fiscal 1999. Drexler's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , LaserCard Systems Corporation, also of Mountain View, develops and markets PC-based optical card systems and related software. Principal customers include VISX, Inc., in the healthcare field, and the U.S. Department of State, U.S. Department of Defense, and U.S. Immigration and Naturalization Service Noun 1. Immigration and Naturalization Service - an agency in the Department of Justice that enforces laws and regulations for the admission of foreign-born persons to the United States INS (INS INS abbr. 1. Immigration and Naturalization Service 2. International News Service Noun 1. INS ).
Exhibit booth: Stand G104
Venue: Olympia 2 Exhibition Centre, Kensington, London, U.K.
Exhibit hours: Tuesday and Wednesday (Feb. 8 and 9) 10 a.m. to 5 p.m.
Thursday (Feb. 10) 10 a.m. to 4 p.m.
Forward-Looking Statements: Certain statements made above relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc plans, objectives, and economic performance go beyond historical information and may provide an indication of future results. To that extent, they are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and each is subject to factors that could cause actual results to differ from those in the forward-looking statement. Such factors are described in Drexler Technology Corporation's Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and other documents filed by the Company from time to time with the Securities and Exchange Commission. |
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