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
The financial crisis is having a serious impact on low-income countries.
more »
The agreement was welcomed by the EU, which has led efforts to crack down on loose banking practices that caused the financial crisis.
more »
On 31 March this year, the boards of AB Bank SNORAS and AB “Invalda” approved of the purchase and sales transaction of AB “Invalda” financial group's companies.
more »
MEPs will vote on Thursday 2 April on a first reading agreement on the voluntary EU Ecolabel (“EU flower”) system for environment-friendly products to become less costly and bureaucratic to use.
more »
The fourth quarter of 2008 was not so good for the banking industry, and the financial conditions of commercial banks and savings and loans is expected to further deteriorate for the rest of 2009 and the first part of 2010, according to LACE Financial Corp.
more »
MEPs recently gave the green light to a new trade deal between Europe and Caribbean countries.
more »
New VoIP Features Boost Flexibility, Mobility, Cost Savings for Organizations Seeking to Untether Workers.
more »
According to the revised data, in IV quarter 2008, GDP at current prices made LTL 28578.8 million and against IV quarter 2007 decreased by 2.2 per cent.
more »
The EP Fisheries Committee rewrote the rules on recreational fishing in its consultative report, adopted Tuesday, on a proposed “control regulation” to ensure compliance with common fisheries policy (CFP) rules.
more »
In a measure of the Union’s strong growth prior to the financial crisis, the demand for EU trademark rights has shot up in recent years, creating an unexpected budget surplus.
more »