Identity Stronghold's Secure Sleeve® to Protect US Passport Card
Identity Stronghold teams up with L1 Identity Solutions and the US Dept of State to provide every US Passport card with a Secure Sleeve®.
Contract Value Estimated at $107 Million Over Five Years
STAMFORD, Conn.-L-1 Identity Solutions, Inc. (NYSE: ID), a leading provider of identity solutions and services, announced it has been awarded the prime contract by the Department of State for the Western Hemisphere Travel Initiative (WHTI) border crossing credential, the new passport card. The contract has an estimated value of approximately $107 million over five years.
The Department of State is issuing the passport card in response to the needs of border resident communities for a less expensive and more portable alternative to the traditional passport book. The new RFID passport sleeves and cards will provide faster border crossing times and will ease traffic congestion at land border crossings over which $1.8 billion worth of trade flows into the U.S. each day. The passport card may become a preferred credential of identification and citizenship for Americans traveling by land or sea to Canada, the Caribbean, Bermuda and Mexico. A standard U.S. passport book is still required for air travel to these destinations and for all other international travel. The passport card will contain a vicinity-read radio frequency identification technology (RFID) chip, which will link the card to a stored record in secure government databases. There will be no personal information written to the radio frequency identification technology chip itself.
“This award contract demonstrates that L-1 has the operational strength, superior technology and unmatched scalability required to support projects of this magnitude as a prime contractor,” said Robert V. LaPenta, Chairman, President and CEO of L-1 Identity Solutions. “We have a long standing relationship across all levels of the Department of Homeland Security and have been a trusted provider to the Department of State for many years. This important contract is a validation of our strategy and an affirmation that the market is relying upon biometric systems as the best means of meeting stringent security and privacy requirements designed to protect our citizens from those intending to enter our country via fraudulent identification.”
Sub contractors under L-1 for the Passport Card Program include Datacard Group, American Bank Note, RCD Technology, Identity Stronghold, Intermec and Transcore.
It is also the Department of State’s intent to use the passport card as the model for the new U.S. Border Crossing Card (BCC) for Mexican visa applicants. The Department of State anticipates issuing up to 10 million cards to qualified Mexican visa applicants over the next five years.
L-1 companies have a 20-year history of producing highly secure identification cards and credentials on time and on budget. The contract award is a natural extension of L-1’s current passport contract where L-1 is the sole source provider for the U.S. passport personalization printers L-1 also supplies the Department of State Facial Recognition Systems for consular programs as part of the Department’s ongoing efforts to support national security. L-1 also produces driver’s licenses for one-third of all U.S. states.
About L-1 Identity Solutions
L-1 Identity Solutions, Inc. (NYSE: ID), together with its portfolio of companies, offers a comprehensive set of products and solutions for protecting and securing personal identities and assets. Leveraging the industry's most advanced multi-modal biometric platform for finger, face and iris recognition, our solutions provide a circle of trust around all aspects of an identity and the credentials assigned to it -- including proofing, enrollment, issuance and usage. With the trust and confidence in individual identities provided by L-1 Identity Solutions, government entities, law enforcement and border management agencies, and commercial enterprises can better guard the public against global terrorism, crime and identity theft fostered by fraudulent identity. L-1 Identity Solutions is headquartered in Stamford, CT. For more information, visit www.L1ID.com
Forward Looking Statements
This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements in this press release and those made from time to time by L-1 Identity Solutions through its senior management are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect the Company's current expectations based on management's beliefs and assumptions and information currently available, and actual results could differ materially from these expectations. Certain factors that could cause or contribute to such differences include, among other things, the availability of government funding for the Company’s products and solutions, general economic and political conditions and the unpredictable nature of working with government agencies. Additional risks and uncertainties are described in the Securities and Exchange Commission filings of the L-1 Identity Solutions, including the Company's Form 10-K for the year ended December 31, 2007. L-1 Identity Solutions expressly disclaims any intention or obligation to update any forward-looking statements.