Digimarc Corp. has won a $9 million contract to supply the Baltic nation of Latvia with driver's licenses
Published:
15 February 2004 y., Sunday
Under the terms of the five-year deal with the Road Traffic Safety Directorate of Latvia, Tualatin-based Digimarc will be responsible for design, installation, maintenance and servicing of the system. Digimarc will also be responsible for supplying materials and enhanced security features such as Digimarc IDMarc digital watermarking.
Latvia is the first country in Europe to adopt IDMarc digital watermarking as a driver's license security feature, Digimarc said. Since being introduced in 2003, digital watermarking has been rapidly adopted as a driver's license security feature by nine U.S. states.
Digimarc (Nasdaq: DMRC) provides secure driver license solutions for 32 U.S. states and in countries such as the United Kingdom, Russia, New Zealand, the Philippines and Costa Rica, as well as several Canadian provinces.
Digimarc's preliminary financial results, released recently, indicate that the company will close 2003 with about $85.5 million in revenue, based on the last three reported quarters and the company's estimate of $19 million for the fourth quarter. While this represents a drop from 2002 revenue of $86.6 million, the company anticipates earnings of 11 cents per share for the full year 2003, versus the loss of 50 cents per share in 2002.
Šaltinis:
portland.bizjournals.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
According to the data presented by the Ministry of Finance, in end-January central government debt made up LTL26, 310.8 million or 28% of projected GDP for 2010 (LTL 93, 819 million).
more »
As far as countries affected by the economic crisis, China fared extremely well.
more »
The European Commission has authorised today a Slovak scheme with a budget of approximately €3.32 million which aims at supporting farmers in Slovakia who encounter difficulties as a result of the current economic crisis.
more »
Commission sets out a 10-year strategy for reviving the European economy, casting a vision of ‘smart, sustainable, inclusive' growth rooted in greater coordination of national and European policy.
more »
The European Commission has launched today the Europe 2020 Strategy to go out of the crisis and prepare EU economy for the next decade. The Commission identifies three key drivers for growth, to be implemented through concrete actions at EU and national levels.
more »
Launching of the “SCHOOLS’ initiative for innovation and changes” Grant scheme.
more »
EU Member States must not only deliver on their international aid pledges, but also bring in a financial transactions tax and a temporary debt moratorium, to help developing countries to cope with the effects of the global financial and economic crisis, said the Development Committee on Monday.
more »
The EBRD is increasing its commitments to promote sustainable energy projects in Slovakia with a new €90 million funding under the existing Slovakia Sustainable Energy Finance Facility (SLOVSEFF) to ensure continuous implementation of energy efficiency and small renewable energy projects.
more »
According to the unaudited data, in 2009 AB Bank SNORAS earned LTL 8.7 million profit. The bank’s assets grew by 11 per cent up to LTL 6.342 billion during 2009 and were by LTL 647.8 million larger than at the beginning of 2009.
more »
Aviation security measures that go beyond common EU requirements should be paid for by Member States, not by passengers, said Transport Committee MEPs in a vote on Monday that could put Parliament on a collision course with the Council of Ministers.
more »