Cogent shares rally following Q1 results

Cogent Systems has announced its financial results for the first quarter ended 31 March 2008.

Five suppliers win UK ID card contracts

Five suppliers to deliver the UK’s National Identity Scheme (NIS)

3M-SPSL wins critical worker ID card deal

3M-SPSL has been appointed to manufacture and supply UK ID cards for critical workers

Atos and Sagem win French ePassorts contract

Atos Origin and Sagem win contract worth 80 million euros to produce France’s biometric ePassports

Strong Q1 figures for L-1

L-1 reports Q1 revenue at US$116 million compared to US$70 million in the first quarter of 2007, a US$46.0 million (66%) increase.

Cogent completes Maximus acquisition

Cogent Systems completes the acquisition of MAXIMUS Security Solutions Division

Daon joins FiXs network

Daon has joined the Federation for Identity and Cross-Credentialing Systems (FiXs), a coalition of commercial companies, government contractors, and not-for-profit organisations

Gemalto revenue grows 12%

Gemalto has made a promising start to 2008 by reporting an increase in revenue of 12% for the first quarter and a growth in its three main business segments.

Bulgaria cancels ePassport tender process

Bulgaria’s biometric ePassport procurement has been cancelled

Codebench and Datastrip join forces

Datastrip has joined forces with Codebench to offer a FIPS 201-compliant ID card verification system.

Weather-proof sensors integrated into TWIC Reader

Lumidigm fingerprint sensor integrated into TWIC credential reader

New CEO for Sagem Orga

Philippe d’Andréa has taken over the helm of Sagem Orga and become a member of the Executive Committee of Sagem Sécurité.

Photo-Me moves into biometric data capture space

Photo-Me Group has announced it will turn its focus onto biometric image capture

ImageWare reports fall in revenue

ImageWare Systems has reported its results for the fourth quarter and year ended 31 December 2007.

Digimarc stock soars on deal news

Shares in Digimarc soared yesterday [24 March 08] following the firm’s announcement that it has entered a definitive agreement for L-1 Identity Systems to acquire its ID systems business in a stock and cash transaction valued at approximately US$250 million.

Gemalto sees operating income grow 40%

Gemalto is the latest firm to announce its results for 2007, with revenue from its Security division growing 9%.

Oberthur sees strong 2007 growth

Oberthur Technologies achieves record level of operating cash flow in 2007 at 88.9 million euros, compared to 16.7 million euros in 2006.

SMARTRAC grows sales by 84%

SMARTRAC has announced promising results for the full 2007 financial year, including the final quarter.

Kee Square wins venture capital funding

Quantica has invested 1.7 million euros in Kee Square, a spin off from Politecnico di Milano

Another bidder withdraws from UK ID card procurement

Another high-profile bidder has taken the decision to withdraw from the UK’s national ID card scheme