| IMI, Validus to Serve Powered Card Industry |
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| Thursday, 06 November 2008 11:22 | |||
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LAGUNA, PHILIPPINES – Integrated Microelectronics Inc. will build biometric authentication cards for Validus Technologies Corp., the companies announced this week. The value of the manufacturing deal was not disclosed. The Validus-designed VALIDcard is a type of powered card that comes fully self-contained within a card form factor. It has uses in e-commerce, online banking, health care, physical and logical access, and security. IMI is a top 40 EMS manufacturer with annual revenues of about $400 million. Validus, which owns powered card patents, “chose IMI as its manufacturing partner due to [its] excellence in engineering, global manufacturing operations and key patents relating to advanced electronics assembly,” said Travis McGregor, CEO of Validus. Validus and IMI also are producing V2.0 Beta VALIDcards, to be released to beta customers within weeks.
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| Last Updated on Thursday, 06 November 2008 11:22 |
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