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HID Global Completes Acquisition of De La Rue’s Citizen Identity Business

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AUSTIN, Texas–(BUSINESS WIRE)–#HID–HID Global®, a worldwide leader in trusted identity solutions, today announced that it has completed the acquisition of the international identity solutions business of De La Rue (LSE:DLAR), the world’s largest commercial issuer of banknotes and passports. The De La Rue business will be merged with HID’s citizen identity solutions portfolio, broadening HID Global’s leadership position, extending its capabilities to scale and assemble government-issued citizen IDs, and expanding the value delivered to customers.

HID Global and the De La Rue international identity solutions business share the common goal of helping governments fulfill their e-government initiatives today and in the future by converging physical and digital identities to increase efficiency, security and flexibility,” said Stefan Widing, President and CEO, HID Global. “The acquisition sets the stage for HID to leverage the decades-long relationships De La Rue has had as a prime citizen ID supplier providing HID’s innovative solutions to governments seeking to modernize. From making it possible for citizens to use mobile IDs with their smartphones in everyday life to providing travelers with a more secure and convenient passport for border crossing, HID is transforming the citizen experience.”

Today, HID Global’s citizen identification solutions can be found in sixty percent of all government-issued electronic identity projects around the world. HID delivers complete, end-to-end system solutions that meet governmental requirements for national IDs, passports, foreign resident IDs, driver licenses, vehicle registration and other programs.

De La Rue’s direct relationships with ministries of the interior, immigration departments, police departments, and numerous other government entities/agencies will enhance HID’s ability to provide customers with a broader suite of offerings that include mobile IDs, automated verification capabilities, and e-passports with advanced physical and electronic security features.

The addition of the De La Rue citizen ID business also extends HID’s capabilities to assemble secure ID documents from end to end in world-class facilities. It will create new opportunities to apply its design excellence, data analysis services/consultancy, and proven software and systems–including civil registry and vital statistics (CRVS)–to HID’s citizen ID portfolio.

To learn more about the HID Global’s citizen identification offerings, please click here.

About De La Rue

De La Rue’s purpose is to enable every citizen to participate securely in the global economy. As a trusted partner of governments, central banks and commercial organisations, De La Rue provides products and services that underpin the integrity of trade, personal identity and the movement of goods. As the world’s largest designer and commercial printer of banknotes, De La Rue designs, manufactures and delivers banknotes, banknote substrates and security features to customers in a world where currency will continue to be a key part of the developing payments eco-system. De La Rue is the only integrated supplier of both paper and polymer banknotes, and creates security features that ensure banknotes are protected against counterfeiting. De La Rue is the world’s largest commercial designer and printer of passports, delivering national and international identity tokens and software solutions for governments in a world that is increasingly focused on the importance of a legal and secure identity for every individual. De La Rue also creates and delivers secure product identifiers and ‘track and trace’ software for governments and commercial customers alike to help to tackle the challenge of illicit or counterfeit goods and the collection of revenue and excise duties. De La Rue is listed on the London Stock Exchange (LSE:DLAR). For further information visit www.delarue.com

About HID Global

HID Global powers the trusted identities of the world’s people, places and things. We make it possible for people to transact safely, work productively and travel freely. Our trusted identity solutions give people convenient access to physical and digital places and connect things that can be identified, verified and tracked digitally. Millions of people around the world use HID products and services to navigate their everyday lives, and over 2 billion things are connected through HID technology. We work with governments, educational institutions, hospitals, financial institutions, industrial businesses and some of the most innovative companies on the planet. Headquartered in Austin, Texas, HID Global has over 3,000 employees worldwide and operates international offices that support more than 100 countries. HID Global® is an ASSA ABLOY Group brand. For more information, visit www.hidglobal.com.

© 2019 HID Global Corporation/ASSA ABLOY AB. All rights reserved. HID, HID Global, the HID Blue Brick, the logo, and the Chain Design are trademarks or registered trademarks of HID Global, ASSA ABLOY AB, or its affiliates(s) in the US and other countries and may not be used without permission. All other trademarks, service marks, and product or service names are trademarks or registered trademarks of their respective owners.

Contacts

Leah Washington

lwashington@hidglobal.com

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Business Wire

SAIC Wins U.S. Army Human Resources Command Cloud Contract

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Company will assess, modernize, and migrate 89 Army Human Resources applications to a commercial cloud solution.

RESTON, Va.–(BUSINESS WIRE)–The U.S. Army selected Science Applications International Corp. (NYSE: SAIC) to modernize its information technology (IT) infrastructure by migrating enterprise applications to a cloud environment. The Army Human Resources Command Cloud Computing Environment (HRC2E) contract is worth more than $41 million over three years and was competed under the Information Technology Enterprise Solutions – 3 Services (ITES-3S) contract.

“We are excited and pleased to work with the Army/HRC to modernize their legacy systems and help steward their applications to a cloud environment. This initiative is a critical step towards the Army’s goal to capitalize on cost savings, agility, and innovations as they successfully transition into a commercial cloud environment,” said Jim Scanlon, SAIC executive vice president and general manager of the Defense Systems Customer Group.

The contract calls for SAIC to assess, modernize, and migrate 89 Army Human Resource applications to a commercial cloud solution. By modernizing its IT, the Army will refactor, re-architect, rebuild and/or replace internal application components, which results in improved cybersecurity and application performance, lower total cost of ownership, and/or lower operations and maintenance costs.

“This new contract is another important step in SAIC’s efforts to deliver first-class IT modernization solutions to the U.S. government,” said Coby Holloway, SAIC vice president of IT Modernization. “By helping our customers on their digital transformation journey to make use of the best technology has to offer, we’re empowering the Army and others to focus on what matters most — delivering outstanding mission outcomes.”

About SAIC

SAIC® is a premier technology integrator solving our nation’s most complex modernization and readiness challenges. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes high-end solutions in engineering, IT, and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective, and efficient solutions.

We are 23,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has pro forma annual revenues of approximately $6.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.

Forward-Looking Statements

Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC’s website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

Contacts

SAIC Media Contact:
Lauren Presti

703-676-8982

lauren.a.presti@saic.com

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Business Wire

Direct Contracting with Employers for Health Care: Henry Ford Health System Shares Insights on Ground-breaking Program with General Motors

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Council of Accountable Physician Practices Principles Undergird Historic Partnership

WASHINGTON–(BUSINESS WIRE)–#NatAllForum–A panel discussion on lessons learned in direct contracting at the National Alliance of Healthcare Purchasers’ Annual Forum in Washington, D.C. provided insight into the “direct to employer” healthcare contract announced last year between Henry Ford Health System and General Motors.

Chelsea Pollet, director of Direct-to-Employer Relationships at Henry Ford, participated in the Nov. 12 panel discussion and spoke of how patient experience, quality of care and care management served as the foundation for the agreement.

Henry Ford is an active participant in the Council of Accountable Physician Practices (CAPP), a coalition of visionary medical groups and health systems that support integrated health care delivery.

“The CAPP pillars of care coordination, connected technology, evidence-based treatment decisions, physician leadership and pay-for-performance are the underpinnings of the Henry Ford-GM program,” noted Stephen Parodi, M.D., Chairman of CAPP and Associate Executive Director of The Permanente Medical Group. “These principles are shared by the 30-plus members of CAPP, which together include more than 80,000 physicians. When these concepts are incorporated into health care delivery, quality goes up and costs are better managed.”

“Our experience in other risk-based contracts, including Next Generation ACO and Medicare Advantage, was critical in preparing us to design a program that directly served the needs of GM salaried employees and their families,” Pollet said. “We approached the agreement as a slightly different way to do population health. We worked with GM to determine what was most important to them and their workforce. We knew from our experience with risk-based contracts that we could have success implementing value-based care.”

Pollet said three areas emerged as being of significant value to GM and helped shape the program’s design:

  • Delivering a seamless customer experience. For GM members who chose the “ConnectedCare” plan option, Henry Ford created a dedicated concierge call center.
  • Innovative and coordinated care management. The concept of customer experience went beyond the employee-facing services and encompassed the patient’s entire journey, including care navigation for episodes of illness and changes in health status. With a healthy, commercial population, Henry Ford created new ways to perform care management.
  • Expansive network. The Henry Ford Physician Network expanded to meet network adequacy requirements, ensuring that GM employees and their families eligible for “ConnectedCare” had access to care.

Pollet noted that the program was a first for both Henry Ford and GM, and required a high degree of collaboration, transparency and mutual learning. Having clear goals, an understanding of the population, and certain plan design elements in place were essential. She said collaborative teamwork was the key ingredient for success.

Additional panelists included Bob McCollins, Managing Director, Employers’ Advanced Cooperative on Healthcare; Gary Rost, Executive Director, Savannah Business Group; and Peter Hayes, President and CEO, Healthcare Purchaser Alliance of Maine.

About the Council of Accountable Physician Practices

The Council of Accountable Physician Practices (CAPP), an affiliate of the AMGA Foundation, is a coalition of visionary medical group and health system leaders. CAPP believes that physicians working together, backed by integrated services, systems and data and technology, can best shape and guide the way care is delivered so that the welfare of the patient is always the primary focus. For more information, contact CAPP at Accountablecaredoctors.org.

Contacts

Joy Scott, CEO, Scott Public Relations

Joy@scottpublicrelations.com
Phone: 818.610.0270

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1st Detect’s Tracer 1000™ Deployed in Live Screening at Miami International Airport

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AUSTIN, Texas–(BUSINESS WIRE)–Astrotech Corporation’s (NASDAQ: ASTC) 1st Detect subsidiary announced today that it was selected by the U.S. Department of Homeland Security (DHS) Transportation Security Administration (TSA) to conduct live screening with the TRACER 1000™ at Miami International Airport. The invitation was in response to the TSA Innovation Task Force (ITF) Innovative Demonstrations for Enterprise Advancement (IDEA) Broad Agency Announcement (BAA).

The ITF works in partnership with airports, airlines, and industry partners to foster innovation in aviation security. It was created to help find and deploy the very best technology for increasing security and improving the passenger experience. The ITF enables accelerated productization of innovative new technologies by deploying products in real-world environments and allowing for the collection of valuable operational field data and feedback.

“We are excited to be part of TSA’s ITF program that introduces cutting edge technologies to live environments in the United States. This testing will help us further refine our product as we continue through the TSA certification and qualification process,” stated Raj Mellacheruvu, Chief Executive Officer of 1st Detect. “Much like their counterparts the world over, we are confident that the security personnel at Miami International Airport will be pleased with the ability of the Tracer 1000 to detect explosives with near-zero false alarms, its low cost of ownership, and its near 100% operational uptime.”

About Astrotech Corporation

Astrotech (NASDAQ: ASTC) is a science and technology development and commercialization company that launches, manages, and builds scalable companies based on innovative technology in order to maximize shareholder value. 1st Detect develops, manufactures, and sells explosives and narcotics trace detectors for use in the security and detection markets. Astrotech is headquartered in Austin, Texas. For information, please visit www.astrotechcorp.com.

This press release contains forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, trends, and uncertainties that could cause actual results to be materially different from the forward-looking statement. These factors include, but are not limited to, whether we can successfully develop our proprietary technologies and whether the market will accept our products and services, as well as other risk factors and business considerations described in the Company’s Securities and Exchange Commission filings including the annual report on Form 10-K. Any forward-looking statements in this document should be evaluated in light of these important risk factors. The Company assumes no obligation to update these forward-looking statements.

Contacts

Eric Stober, Chief Financial Officer, Astrotech Corporation, (512) 485-9530

 

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