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LaserCard Hires Kevin McKenna as Vice President of Sales, Americas
Leading the Company’s Expanded Focus on Secure Identity in the Americas
MOUNTAIN VIEW, Calif. – July 7, 2010 – LaserCard Corporation (NASDAQ:LCRD; a leading provider of secure ID solutions, today announced the appointment of Kevin McKenna as Vice President of Sales, Americas. Based in Washington, D.C., McKenna will be responsible for leading the Company’s sales and government relations activities in North, Central and South America.
McKenna joins LaserCard with more than a decade of experience in the hardware, software and services markets, most recently as President and COO of Paraquis Solutions, LLC, a consulting firm. Previously, McKenna sold and implemented complex identity and information systems during his management roles at two of North America’s leading identity solutions and information technology providers. McKenna also served for seven years as an Aviation Officer in the U.S. Army following his graduation from the United States Military Academy at West Point.
“Kevin brings an exceptional level of industry knowledge to this role, and we are very pleased to welcome him to LaserCard,” said Bob DeVincenzi, president and CEO of LaserCard. “Kevin will play a critical role in the expansion of our focus on opportunities in the secure identity market in the Americas.”
As an inducement to join LaserCard, McKenna was granted a non-statutory stock option for 20,000 shares with an exercise price of $4.635. The stock option has a seven-year term with 25% vesting after one year and 6.25% vesting quarterly over the following twelve quarters.
About LaserCard Corporation
LaserCard Corporation, together with its subsidiaries, is a leading provider of secure ID solutions to governments and commercial clients worldwide. It develops, manufactures, and integrates LaserCard® optical security media cards, multi-technology cards, encoders, peripherals, smart and specialty cards, biometrics, and modular software. The Company’s cards and systems are used in various applications, including citizen identification, border security, government service delivery and facility access.
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August 11, 2010 LaserCard Receives a $550,000 Follow-On Order for Italian Citizen ID Cards
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August 9, 2010 LaserCard Receives Follow-on Order for Next-Generation U.S. Green Cards
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August 5, 2010 LaserCard Corporation Management to Speak on Secure ID Credentialing Solutions at the Morgan Keegan Security, Safety and Defense Conference
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July 29, 2010 LaserCard Corporation Reports Results for Fiscal First Quarter Ended June 30, 2010
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July 21, 2010 LaserCard Corporation Fiscal 2011 First Quarter Financial Results Conference Call Scheduled for July 29
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July 20, 2010 LaserCard-Manufactured U.S. Green Card "Sets New Standard for International Government ID Programs" According to Frost & Sullivan Report
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July 7, 2010 LaserCard Hires Kevin McKenna as Vice President of Sales, Americas
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July 1, 2010 LaserCard Receives Follow-On Order for Secure ID Credentials for Saudi Arabia National ID Program
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May 17, 2010 LaserCard Spotlights Multi-Technology ID Cards at Smart Card Alliance 2010 Annual Conference
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May 12, 2010 LaserCard Supplies Next Generation ‘Green Cards’ Introduced by U.S. Department of Homeland Security
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April 29, 2010 LaserCard Corporation Reports Results for Fiscal Fourth Quarter and Year Ended March 31, 2010
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April 22, 2010 LaserCard Corporation Fiscal 2010 Fourth Quarter and Year End Financial Results Conference Call Scheduled for April 29
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April 21, 2010 LaserCard Partners with Thomas Greg and Sons at Cards 2010 South America, Sao Paolo, Brazil, April 26 - 28
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March 3, 2010 LaserCard Wins Vehicle Registration Card Program in Middle East
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February 9, 2010 LaserCard Introduces Advanced ID Credentials Compliant with Key North American and European Union Standards for Government Identity Programs
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February 2, 2010 LaserCard Corporation Reports Financial Results for FY10 Third Quarter
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January 25, 2010 LaserCard Corporation Fiscal 2010 Third Quarter Financial Results Conference Call Scheduled for February 2
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January 11, 2010 LaserCard Corporation CEO Robert DeVincenzi to Speak on Secure ID Credentialing Solutions at the 12th Annual Needham Growth Conference
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January 6, 2010 LaserCard Receives $11 Million Order to Support Continuing Rollout of Angola’s National ID Program
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January 5, 2010 LaserCard Corporation Wins Secure Professional Drivers License
Project in Hungary
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