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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who started this subject9/13/2000 12:46:30 PM
From: bigbuk  Read Replies (2) of 150070
 
Wednesday September 13, 12:35 pm Eastern Time
Press Release
HCI/AcSys Biometrics Partners With Litton PRC, On The G.S.A. Smart Card Program
BURLINGTON, ONTARIO--AcSys Biometrics, a subsidiary of HCI (TSE: HCI - news) and PRC Inc., a subsidiary of Litton Industries (NYSE: LIT - news), are pleased to announce they have partnered in a technology initiative. Litton PRC was one of five prime vendors awarded a contract by the General Services Administration (GSA) to offer common, interoperable multi-application smart card systems and services to all federal agencies. This ID/IQ program (Indefinite Delivery/Indefinite Quantity) has an estimated total value of $1.5 billion, a 10-year period of performance, and will initially focus on providing employee identification and building access, as well as computer network access. Litton PRC proposed an interoperability solution to define smart card standards for use, government-wide. The Litton PRC approach, which includes HNeT technology is being further studied by an expanded GSA committee. This committee will define an open systems solution that is not dependent on specific product sets, and which provides maximum flexibility to the federal government.

see what happens :)))))
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