HispanicBusiness

MOUNTAIN VIEW, Calif., May 26 /PRNewswire-FirstCall/ -- LaserCard Corporation today announced that it has received an order for approximately $500,000 of LaserCard(R) optical memory cards from Anteon Corporation for delivery to the Department of Homeland Security (DHS) this month. The U.S. Department of State will issue these cards as "Laser Visa" Border Crossing Cards to eligible Mexican citizens who regularly cross the U.S. border. The Laser Visa cards will be issued by the U.S. embassy and consulates in Mexico. Laser Visa holders are allowed up to 30 days in the U.S. border region.

This order is in addition to the $6.8 million of LaserCard optical memory cards, including $5.0 million of Permanent Resident Cards ("Green Cards") and approximately $1.8 million of Border Crossing Cards, recently ordered by Anteon for DHS.

"We are pleased to see the continuing rollout of the Laser Visas in Mexico," said Richard Haddock, chief executive officer of LaserCard Corporation. "Additionally, we are watching for upcoming policy developments on the Department of Homeland Security's new Western Hemisphere Travel Initiative. Among the recommendations in the Initiative, DHS has proposed that Laser Visas may be used in place of passports for Mexican citizens entering the United States. This is particularly significant since the Laser Visa fully complies with the requirements of the Border Security Act of 2002. So, from a legal and technical point of view, the same model could equally apply to other nations."

The Laser Visa cards incorporate fingerprint biometric data for one-to-one identity verification. In late 2003, the Department of Homeland Security purchased 1,000 optical memory-based Biometric Verification Systems (BVS) for use in authenticating the card and verifying the cardholder's identity. The BVS is also compatible with many other optical memory secure IDs, including the approximately nine million Green Cards in circulation. Other nations' optical cards complying with ICAO's Logical Data Structure are fully interoperable with the DHS system, including the Italian national ID card and the Canadian Permanent Resident card.

Including backlog carried over from last fiscal year, LaserCard now has optical memory card bookings for shipment this year totaling nearly $10 million.

About LaserCard Corporation

LaserCard Corporation (http://www.lasercard.com/) manufactures and markets LaserCard(R)optical memory cards, chip-ready OpticalSmart(TM) cards, and other advanced-technology secure identification cards. The company, headquartered in Mountain View, Calif., has sold over 25 million secure ID cards to meet the demanding requirements for border security, digital governance, and national identification in countries around the world, including the United States, Canada, Italy and India. In addition, the Company manufactures optical card read/write drives and develops optical card system software, card-related data systems and peripherals. The Company operates two wholly owned German subsidiaries: Challenge Card Design Plastikkarten GmbH, which manufactures advanced-technology cards; and cards & more GmbH, which markets cards, system solutions, and card personalization printers.

Forward-Looking Statements: All statements contained in this press release that are not historical facts are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are not historical facts or guarantees of future performance or events. Rather, they are based on current expectations, estimates, beliefs, assumptions, and goals and objectives and are subject to uncertainties that are difficult to predict. As a result, our actual results may differ materially from the statements made. Often such statements can be identified by their use of words such as may, will, intends, plans, believes, anticipates, visualizes, expects, and estimates. Examples of forward-looking statements in this release include the implications that the Laser Visa may be used in place of passports for Mexican citizens, that this model could be applied to other nations, and that the Company will be able to deliver the cards per the requested schedule. These forward-looking statements are based upon our assumptions about and assessment of the future, which may or may not prove true, and involve a number of risks and uncertainties including, but not limited to whether the U.S. Government Green Card and Laser Visa orders are rescheduled or canceled in whole or in part, whether the Company encounters card production difficulties, and whether the U.S. Government decides to implement any portion of the DHS Western Hemisphere Travel Initiative including allowing Laser Visas to be used by Mexican citizens for travel in the U.S. or to extend the Laser Visa card model to other as well as the risk factors detailed in the Company's Form 8-K, 10-K, and 10-Q filings with the Securities and Exchange Commission. Due to these and other risks, future actual results could differ materially from the Company's expectations. These forward-looking statements speak only as to the date of this release, and, except as required by law, the Company undertakes no obligation to publicly release updates or revisions to these statements whether as a result of new information, future events, or otherwise. LaserCard Corporation

Web site: http://www.lasercard.com/