Canon & Sandia Jointly Introduce World's First High-Volume Optical Card Encoder.CARROLLTON, Texas--(BUSINESS WIRE)--March 20, 1997--Lasertechnics, Inc.'s (Nasdaq: LASX) Sandia Imaging Systems unit said it has developed a new high-volume optical card encoder in conjunction with Canon USA, making it possible for the first time to encode (1) To assign a code to represent data, such as a parts code. Contrast with decode. (2) To convert from one format or signal to another. See codec and D/A converter. (3) The term is sometimes erroneously used for "encrypt. optical cards during the printing process. The new invention New Invention may refer to:
Sandia and Canon jointly developed the optical card encoding module that incorporates Canon's optical card technology into Sandia's new VIVID 2000(TM) line of high-volume identification card printers. With the introduction of the VIVID 2000 product line, Sandia is the first to the market with a personalization Custom tailoring information to the individual. On the Web, personalization means returning a page that has been customized for the user, taking into consideration that person's habits and preferences. dye-sublimation card printer that features on-line optical encoding. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Sandia President Jean-Pierre Arnaudo, "This jointly developed technology is significant because it integrates an optical card encoder into our enhanced printer, enabling Sandia Imaging to once again lead the way in market innovation. The Vivid 2000 represents the industry's most advanced and cost-effective portable database card printers." Canon USA Senior Manager Stephen Price-Francis said, "In this joint announcement with Sandia Imaging Systems, Canon continues its innovation and leadership in optical card technology." Sandia's enhanced VIVID 2000 printers were introduced at CeBIT '97 technology showcase in Hanover, Germany from March 13 through 19. CeBIT is the world's largest showcase for product innovations in technology and telecommunications. At CeBIT '97, more than 6,800 exhibitors from 65 countries presented the worlds biggest single array of Information Technology (IT) products, systems, and services. Canon's optical card is credit-card sized and can store from 1.0 to 6 megabytes of digital information, such as health history text, electrocardiograms, photographs, biometrics, and customized security information. Sandia Imaging is based in Carrollton, TX, and offers the VIVID 2000 family of dye-sublimation secure card printers that can encode optical cards, DataGlyphs, Smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. , magnetic stripes, bar codes, and two-dimensional symbologies. The Vivid 2000 printer family offers industry-leading, state-of-the-art, high-volume, high reliability and high quality printing capabilities. Sandia is also the exclusive provider of the DataGlyphs portable database technology. Sandia, with regional sales offices throughout the USA and distribution outlets worldwide, is a majority-owned subsidiary majority-owned subsidiary A firm in which more than 50% of outstanding voting stock is owned by the parent company. of Lasertechnics, Inc., also based in Carrollton, TX. In addition to Sandia Imaging Systems, Lasertechnics, Inc. owns Lasertechnics Marking Corporation (wholly owned) of Albuquerque, NM, providers of laser marking systems and related technologies for a diverse range of industrial and commercial markets. This news release contains "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. ." Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurances that such expectations will prove to be correct. Certain important factors that could cause actual results to differ materially from the company's expectations ("Cautionary Statements") are disclosed in the company's Form 10QSB QSB Fading QSB Qualified Small Business (IRS category) QSB Queen Street Backpackers (Auckland, New Zealand) QSB Quality System Basics QSB Qualified Supplemental Benefit QSB Quantum Singleton Bound for the third quarter ended September 30, 1996 and qualify the forward-looking statements included in this news release. CONTACT: Media: Myrna Baron The Baron Company, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 212-581-6760 x301 mbaronco@earthlink.net or Sandia Imaging Systems Jean-Pierre Arnaudo, Barbara Ganch, 972-407-6080 or Canon, USA Stephen Price-Francis, 516-328-4624 or Investor: Thomas Redington Sir Thomas Nicholas Redington KCB (2 October 1815–11 October 1862) was an Irish politician and civil servant. He was born in Oranmore, County Galway, to Christopher Redington, an army captain. Redington, Inc., Westport, CT 203-222-7399 212-926-1733 REDINGTON@aol.com |
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