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 mission held constructive discussions with Prime Minister Emmanuel Nadingar, Finance Minister Gata Ngoulou, Infrastructure Minister Adoum Younousmi, and other senior officials.
more »
The EBRD is helping to improve the quality of power supply and stimulate renewable sources of energy in the Caucasus with an €80 million sovereign loan to Georgia for the construction of a new high voltage transmission line - the Black Sea High Voltage line, which will interconnect Georgia and Turkey.
more »
The EBRD is helping to improve the infrastructure of the Georgian capital, Tbilisi, with a €100 million loan for the construction of a new railway route bypassing the city.
more »
One of the men considered to be the founding fathers of the euro currency met MEPs on the Foreign Affairs Committee Tuesday (16 March) to talk about transatlantic relations.
more »
European Trade Commissioner Karel De Gucht today opened a conference focused on the European Union's trade policy towards developing countries.
more »
At the beginning of the 2000s, state ownership in financial intermediation in Mexico accounted for about 20 percent of the total credit of the banking system, provided through development financial institutions and funds.
more »
Halving the number of business failures by offering individual support, doubling the number of young people who want to start their own business or raising by 500% the number of enterprising new cooperatives are just some of the projects nominated for the European Enterprise Awards 2010.
more »
The European Commission has published the fourth call for proposals for the creation and upgrade of freight transport services under the second Marco Polo programme.
more »
The European Central Bank (ECB) today announced a programme of technical cooperation with the Central Bank of Bosnia and Herzegovina, in collaboration with a number of euro area national central banks (NCBs).
more »
The EU disbursed today €1 billion to Romania, the second instalment of a €5 billion loan, which was agreed in May 2009 as part of a multilateral financial assistance package.
more »