EISQ- News:
Monday February 28, 6:31 am Eastern Time
Company Press Release
Electronic Identification, Inc. Prepares To Bid For
Issue Of Identity And Residence Cards
SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 28, 2000--Electronic Identification, Inc. (EI2)(OTC BB: EISQ - news),
developer of Smart ID Card technology supported by a state-of-the-art intranet framework, today announced that The United Arab Emirates Ministry of Interior released tender documents for Consultancy Services for the ``Issue of Identity and Residence Cards' for UAE nationals and expatriates in late January, 2000. The tender closed on February 13, 2000.
Although EI2 was invited to submit an offer to the tender, one of the requirements of the tender stipulated that companies bidding on the Consultancy Tender could not submit bids on the supply and delivery tenders. It is anticipated that the supply and delivery or fulfilment tender will be forthcoming shortly.
The UAE Ministry of Interior wishes to develop, implement and execute an integrated project, ``Issue of Identity and
Residence Cards', for all UAE nationals and residents in the State's territory by issuing two individual smart ID cards that are modern, secure and readable (one identity card for each UAE national and one resident card for each expatriate).
EI2, with its Smart Card ID, e-PICS proprietary technology and local partner in the UAE, will work with the successful bidder of the consultancy tender and will vigorously pursue the supply and delivery or fulfilment tender. EI2 is well positioned to meet the needs of the UAE Ministry of Interior.
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:
Ardent Communications, Inc.
Investors Relations for Electronic Identification, Inc.
604/684-6906,
Toll Free: 877/713-1900
Fax: 604/689-2669 |
