| To: Gary Lutz who wrote (192) | 3/28/2000 8:20:00 AM | | From: Chisy | | | |
Gary,
This is probably the PR you were expecting. Comments?
Electronic Identification, Inc. (EI2) Joins Forces with CPI Card Group Inc. for the Smart Card Boom
Business Editors
VANCOUVER, British Columbia--(BUSINESS WIRE)--March 28, 2000-- Electronic Identification, Inc. (OTC BB: EISQ) today announced that a strategic alliance agreement between EI2 and CPI Card Group Inc.
("CPI") and Smart Card Integrators Inc. ("SCI") has been signed.
CPI is one of the world's largest leading card technology companies. Headquartered in Los Angeles, California, CPI Card Group has two major centers of competence: California Plasticard, Inc. in Los Angeles and Colorado Plasticard, Inc. in Littleton, Colorado. The facility in Los Angeles is focused on production of high quality non-secure magnetic stripe and smart cards. The Colorado center specializes in high quality magnetic stripe cards and is accredited with ISO 9002 and VISA/MasterCard certification. CPI is currently in the final stages of establishing an additional manufacturing facility in Latin America.
SCI focuses on developing secure smart card applications and is the world leader in smart card gaming systems. Company headquarters are in Los Angeles, with locations in Northern California and Nevada. Sharing the same facility in Los Angeles and being the firm of choice for smart card integration has resulted in a strong, symbiotic relationship with CPI.
This partnership brings together a team of industry leaders capable of providing end to end smart card solutions for electronic identification, access control systems and many other high security applications. "Our partnership with EI2 is at the core of our strategy of providing complete solutions to specific markets. This team, together with other EI2 partners, is well positioned to provide smart card identification and security solutions from the concept phase to complete manufacturing and delivery on a worldwide basis," stated Antonio Accornero, CEO & President of CPI. "Our 10 years of experience will help add a new level of smart card security to current and future EI2 technology and requirements," declared Francois Allal, President of SCI.
EI2 will work together with Smart Card Integrators Inc., CPI Card Group Inc. and other EI2 strategic partners to unveil a new generation of Smart Cards that will address the universal problems encountered with connectivity. The EI2 led initiative will bring together a group of industry leaders with a like mind to produce a solution that will become ubiquitous within a very short time frame. The companies will use the EI2 - Electronic Passport Access Control Systems (e*PACS) and the EI2 - Electronic Personnel Identification and Control Systems (e*PICS) as the platform for this new industry initiative.
"With a presence in North America, South America and Southeast Asia, CPI is in a position to service the EI2 clients globally," said Terry Kirby, Chairman & CEO of EI2. "EI2, CPI and SCI will have a major effect on two technical areas currently lacking a single robust solution; the ability for flexible universal connectivity in the WAP (Wireless Application Protocol) arena and the ability to interface with various international government legacy systems."
EI2 develops and markets electronic identification issuing and authentication systems. It also provides an Intranet based framework for the issue of fraud and tamperproof SMART ID cards via its flagship product line, the Electronic Personnel Identification and Control Systems (e*PICS). E*PICS allows for the rapid development of customer specific applications that include the integration of legacy systems.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, continued acceptance of the company's products, competition, new products and technological changes, intellectual property rights and other risks.
Editor's note: There is an asterisk between the `E' and the `PICS' in the name `E*PICS' and the `E' and `PACS' in "E*PACS'. Asterisks (*) may not translate properly in all systems.
--30--jla/cgo*
CONTACT: Ardent Communications, Inc.
(Investor Relations for Electronic Identification, Inc.)
Tel: 604/684-6906, Toll Free: 1-877-713-1900
Fax: 604/689-2669
KEYWORD: CALIFORNIA COLORADO NEVADA INTERNATIONAL CANADA
INDUSTRY KEYWORD: BANKING E-COMMERCE HARDWARE INTERNET SOFTWARE MARKETING AGREEMENTS
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com
BW1053 MAR 28,2000
3:31 PACIFIC
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| To: Chisy who wrote (194) | 3/28/2000 8:42:00 AM | | From: Theo | | | |
This is the PR everyone was expecting since late last week...but, it's not the biggie that we are all holding our collective breaths for..:) Still, what an announcement. Notice that today's is a signed agreement- not the intent fluff statement that we usually get stuck with...
A nice synopsis of the working relationships of the other business "partners" with EISQ from a poster on RB (BJ21):
1.)card/biometric compression technology-EISQ
2.)RF/radio/wireless technology-STI-(recent acquisition)
3.)Hardware and network infrastructure-HP and Bluestone
4.)Mass smartcard production-CPI
I'll add my 2 cents to the previous:
5.) SCI the with smart-card multiple integration technology
6.) CPI's global presence in North and South America and South East Asia (ALREADY!)
And this list, I might add, is in no way complete- I'm quite sure!!
Theo;-)
P.S. Gary, have you noticed INFE lately? <g>
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| To: Chisy who wrote (196) | 3/28/2000 9:21:00 AM | | From: Theo | | | |
Well chisy,
The "big" news is the anticipated contract with UAE. Terry & Co. are, in fact, heading back to the Middle East next week (not his first trip either<g>). The thought, and I say this with due caution, is that this is a "done deal" based on DD from other posters, the PRs concerning the bidding process, the interview with CEO and Chairman Terry Kirby- wallstreetreporter.com , and the progression of PRs and alliances that have been taking place. Also, if you look at the business "partners" {Hewlett Packard, Oracle, BlueStone, ITC, STI, and of course, today's additions: CPI, and SCI that EISQ has aligned themselves with, you can't help but feel that EISQ is headed in the right direction.<bg>
I also have to add that if you do DD of all the companies that EISQ is partnered with, or, have acquired, you'll notice that EISQ is NOT betting or sitting on just one facet of this technology. They are obviously looking in many directions and other applications for the use of smart-card technology and/or electronic identification.
Obviously JMHO and I've really only just scratched the surface, but, I'm liking the direction EISQ is headed. Hope this helps.
Theo;-)
P.S. Much more DD on RB |
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| To: Leroyt who wrote (200) | 5/12/2000 5:40:00 PM | | From: Chisy | | | | |
What do you mean it went down? It is up 75% today. Yesterday it just simply closed a long awaited gap. It should be free sailing from now on. I hope, I hope. |
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| To: Chisy who wrote (201) | 5/12/2000 6:02:00 PM | | From: Leroyt | | | |
I meant: The "E" was dropped yesterday but EISQ still went down .... yesterday. I thought that was very curious.
I am implying that today's up may not simply be because the E was dropped .... since that occurred yesterday.
I am hoping today's uptrend was because there's some good news out there .... let's hope. Still VERY long on EISQ.
later, leroyt |
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| To: Leroyt who wrote (202) | 5/12/2000 7:13:00 PM | | From: Chisy | | | |
Sorry, I misread your post. I and possibly many others were not aware of the news yesterday. Maybe that's why it didn't move until today. Here's the press release that AOL posted and I only noticed today. There is still no major news release verifying that the E was actually dropped.
=============================
Electronic Identification, Inc. (EI2) Is In Compliance With The NASD Reporting
VANCOUVER, B.C.--(BUSINESS WIRE)--May 08, 2000--Electronic Identification, Inc. (OTCBB:EISQ), developer of Smart ID Card technology supported by a state-of-the-art Intranet framework, today announced that it has complied with the NASD Reporting rules.
The Company today filed electronically through their lawyers, Form 8-K/A and Form 10KSB to be in full compliance with the NASD reporting requirements.
Terry Kirby, Chairman & CEO, stated: "EI2 has today filed the necessary 10KSB and 8-K/A Forms required to comply with NASD requirements, in compliance with NASD for continued listing on the OTC Bulletin board. EI2 wants its shareholders and investors to realize that management is conscious of the importance of its OTC listing.
"Furthermore, we at EI2 understand that, our stock symbol would contain an 'E' at the end if we were not in compliance on May 09, 2000. However, our lawyers advise us that the SEC has confirmed receipt of these forms on May 08, 2000, hence there should not be an 'E' at the end of our stock symbol tomorrow, May 09, 2000," added Mr. Kirby.
EI2 develops and markets electronic identification issuing and authentication systems. It also provides an Intranet-based framework for the issue of fraud and tamperproof ID cards via its flagship product line, Electronic Personnel Identification and Control Systems (e*PICS). E*PICS allows for the rapid development of customer specific applications that include the integration of legacy systems.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, continued acceptance of the company's products, competition, new products and technological changes, intellectual property rights and other risks.
CONTACT:
Electronic Identification, Inc.
Terry Kirby, Chairman and CEO
604/684-8002
or
Ardent Communications
Sandy Brown, Investor Relations
604/684-6906 or 877/713-1900 (toll free)
Fax: 604/689-2669
KEYWORD: INTERNATIONAL CANADA
BW0753 MAY 08,2000
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