L-1 Identity Systems has signed new facial recognition contracts with an aggregate value of US$4.1 million with New York and the Ministry of Transportation Ontario.
L-1 Identity Solutions is the latest company to buck the economic downturn, with a 30% increase in revenue and EBITDA up by 53% in the first quarter 2009.
As part of its drive to enable citizens to use mobile phones as ID reading devices, Bundesdruckerei has joined the NFC Forum to help the international committee adapt the NFC standard on mobile phones so they can be used for eID applications.
As the financial crisis grips economies worldwide, Gemalto’s results for the first quarter of 2009 show that the government security business is bucking the trend.