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Name | Symbol | Market | Type |
---|---|---|---|
Valid Solucoes SA (PK) | USOTC:VSSPY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.433199 | 1.66 | 4.61 | 0.00 | 18:09:02 |
CHICAGO, Jan. 9, 2015 /PRNewswire/ -- Valid S.A. ("Company") (BM&FBOVESPA: VLID3 ON), is pleased to inform its shareholders and the market in general the State of Washington's Department of Licensing, in the United States, awarded the contract for a new enrollment and central issuance system for driver's licenses and identification cards to its subsidiary, Valid USA.
The project planning and development will start in January 2015, with enrollment and card production starting in August of 2016. Under the 5-year enrollment and card production contract Valid will manufacture and issue approximately 1.7 million secure credentials each year. Valid USA will manufacture and personalize traditional driver's licenses and enhanced driver's licenses. Enhanced driver's licenses are a convenient alternative for entering the United States from Canada, Mexico or the Caribbean through a land or sea port of entry, in addition to serving as a permit to drive.
The services Valid will provide as part of this contract include: secure card manufacturing, card personalization and issuance, facial recognition, photo capture, and gated issuance. The implementation of these services will be primarily through the use of Valid's proprietary browser based enrollment, workflow management, facial recognition, and card printing software called WebLink ID.
"We are very pleased to be selected by Washington's Department of Licensing and for our company it's an important step demonstrating we are a relevant player in the US market," said Jose Roberto Mauro, Valid's CEO.
"We are looking forward to working with Valid to continue improving the security of our licenses and ID cards and make our issuance processes more efficient," DOL Director Pat Kohler said.
For more information call 855.825.4387 or inquire via email at info@validusa.com.
About Valid USA
Valid USA offers secure solutions for data, payment, identity, mobile, and targeted brand messaging. Using a client-centric model, Valid works collaboratively with companies to tailor our knowledge, experience and people to meet their unique needs. Valid USA is a wholly owned subsidiary of Valid S.A. ("Valid"), a publicly-traded Brazilian company with a market capitalization of more than $1 billion and over 6,000 employees worldwide. Valid has provided business solutions for over 50 years and is expanding operations around the world. Valid is recognized and respected in several countries, including Brazil, Argentina, Spain, Colombia, and the United States.
Contact: |
855.VALIDUSA [855.825.4387] |
info@validusa.com | |
www.validusa.com |
Logo - http://photos.prnewswire.com/prnh/20141021/153428LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/valid-usa-signs-contract-for-washington-drivers-license-issuance-300018490.html
SOURCE Valid USA
Copyright 2015 PR Newswire
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