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Gold/Mining/Energy : AIT Advanced Information Technologies Corp.
AIV 5.320-0.6%Oct 31 3:59 PM EST

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To: hugh thorne who wrote (116)3/30/1999 4:17:00 PM
From: wayne cath  Read Replies (1) of 130
 
AIT to provide passport issuance system

AIT Advanced Information Technologies AIV
Shares issued 10,901,886 Mar 29 close $1.00
Tue 30 Mar 99 News Release
Mr. Bernie Ashe reports
AIT Corporation has been selected by the General Directorate on Migration
and Foreign Affairs of Costa Rica to provide a more secure and modern
passport issuance system. The contract is valued at $300,000 (Canadian).
GenIE, AIT's secure document issuance software, will be the basis of the
centralized system, which is expected to issue 80,000 to 100,000 passports
per year. As part of the deal AIT will also provide the print solution
hardware, AIT PV-200 readers for quality assurance purposes, and training
and installation services.
Over the past decade the Costa Rican passport has been the subject of
numerous attempts at alteration and forgery, resulting in problems and
delays for Costa Rican citizens travelling abroad with legitimate
passports. A key objective for the new passport issuance system is to
ensure that the process for issuing a Costa Rican passport is - and is
perceived to be - accurate and reliable, and that the security features of
the document render it resistant to fraud. By automating and modernizing
the system, the Costa Rican government also hopes to accelerate the
passport issuance process, without compromising quality control.
This deal, with its emphasis on the security of the issuance process, is an
important win for the company. The Costa Rican government recognized that
by selecting GenIE - an existing application that can be customized - the
development time required to get the system up and running would be greatly
reduced. This further validates what the company believes to be a key
benefit of GenIE.
About GenIE
GenIE is a software application that integrates digital imaging, workflow
and document management for the production of virtually any secure
document. The PV-200 reader uses optical character recognition (OCR)
technology to read machine-readable travel documents such as passports and
visas.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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