Former Gemalto Plant Manager Joins Innovative Card Technologies as Director, Quality Assurance & Logistics
Dan Dundon Brings 15 Years of Smart Card Manufacturing and Quality Assurance Expertise; New Position Timed to Optimize Manufacturing and Supply Chain Management for Delivery of ICT DisplayCards Worldwide
LOS ANGELES--Innovative Card Technologies, Inc. (NASDAQ: INVC), developers of the breakthrough ICT DisplayCard security device for e-banking, e-commerce and data access, today announced that Dan Dundon, a smart card manufacturing veteran formerly with Gemalto Corporation, has been appointed as Director, Quality Assurance and Logistics. Dundon brings a proven 15-year track record of smart card supply chain, manufacturing, and delivery systems integration and optimization to the company.
“We are excited to welcome Dan as the newest member of our team,” said Steven R. Delcarson, Innovative Card Technologies CEO and President. “Dan’s extensive experience managing and optimizing supply chain, production, and delivery systems will be a huge asset as we ramp up production to hit 2008 delivery goals.”
A smart card manufacturing expert, Dundon comes to Innovative Card Technologies from Gemalto Corporation, where he most recently served as Plant Manager of the Montgomeryville, PA manufacturing plant for the past 6 years. During his tenure in this position, Dundon supervised the successful and on-time merger of Gemalto Corporation’s two US-based manufacturing plants into one, as well as the successful implementation of a new $30 million smart card personalization project. Dundon also held positions as Smart Card Operations Manager and Smart Card Project and Production Manager during his 22-year career at Gemalto.
“I am enthusiastic about the opportunity to join Innovative Card Technologies, and to become part of the team leading the embedded-electronics card industry,” said Dundon. “I look forward to lending my expertise to the company as we fine tune our supply chain, manufacturing, and delivery systems management during this time of expanding production capability.”
The ICT DisplayCard has been distributed on six continents to authenticate online banking and database logins. Adopting institutions include banks, enterprise security solutions providers, and vendors of online services. Worldwide demand for the one-time passcode ICT DisplayCard is being driven by government regulations and consumer demand for tougher safeguards against fraudulent access to online banking accounts and electronic data storage.
About Innovative Card Technologies
Innovative Card Technologies (NASDAQ: INVC) was founded in 1993 to add functionalities to payment cards. InCard’s suite of ICT DisplayCards enables dual-factor authentication in a convenient card form. The cards can be configured to offer RFID physical access or payment capabilities, and feature a screen powered by an integrated battery, circuit, and switch. This screen displays a one-time password to verify the presence of the card during online and voice transactions or data systems login. www.incard.com.
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