iDcentrix fills a gap in the growing high-end security card market with patented technology for producing and issuing the first ID card that:

• Combines Swiss banknote paper and polycarbonate to produce a credential that has never been successfully counterfeited either in tests or in the field.
• Permits easy visual verification. This allows card issuers to immediately implement higher levels of security, without having to invest in additional technology infrastructure.
• Applies personalized data on the security paper before the card is assembled. Personal data and most security features are fused IN the card, not ON it, making it tamper-resistant.
• Can be customized with a variety of security options from banknote paper features such as watermarks, to the latest contactless chip technology.

Filling un-met needs in a growth market
Homeland security concerns, fraud and identity theft are fueling explosive growth in the identity solutions market. Governments and diverse industries (from defense, to administration, to retail, to banking, to healthcare) are moving forward with initiatives to more effectively vet, create, issue and apply more secure identity credentials.

The proprietary iDcentrix system fills two major gaps in the high-end marketplace:

Sophisticated security, insecure cards. 
The technology for issuing credentials has been the weak link in the security chain. In the context of highly sophisticated security solutions, ID cards themselves have not been as secure. Criminals can relatively easily delaminate, penetrate, and falsify them at will.

An implementation gap and iDcentrix’s see-through solution.
 Standardization and other issues have delayed the actual implementation of scanning and other devices to read sophisticated card features. Machine-readable technologies exist, but most iD documents are still inspected visually by human beings.

No other competitor provides the iDcentrix combination of high-security Swiss banknote paper, polycarbonate, the impenetrable “fusion” of personalized data into the card, and reliable visual verification of the watermark.

The competition
In this dynamic industry, some of the largest major players offer integrated solutions while others offer various combinations or components involved in the 4 steps of an ID program:

• Enrollment
• Vetting
• Credential production and Issuance (iDcentrix segment)
• Applications (logical access, physical access,…)

The uniqueness of the iDcentrix solution presents a variety of channel opportunities: Partnering and direct selling.

In the credential production and issuance sector, competitors’ security features are similar across the board because all cards are made in a similar way.

• Few competitors are involved in the high-end sector
• Competitors only offer laminated plastic cards
• No competitor prints on banknote paper, let alone the Swiss type 
• No competitor has a see-through card allowing verification of a watermark
• No competitor has the security level of the iDcentrix card solution

Market and strategy

Government initiatives are driving the market

• The Real ID (Driver’s License): $11 billion expenditure in US alone*

• US Government overseas projects will contribute another $14 billion.*

• HSPD-12 (Smart card ID with fingerprint and PKI certificate for all Federal employee & contractors), Implementation in 2007: $1.3 billion.

Industry is increasing spending

• 44% of American companies plan to increase their spending on security ** 

• Key categories: aerospace/defense, banking, retail, telecom

The iDcentrix strategy is to take advantage of this worldwide trend by selling the ID card production equipment and consumables to government card issuers looking for higher levels of security. The company also issues cards by partnering with local card manufacturers.

With the identification solutions market gaining momentum worldwide and the increased need to stronger security, IDcentrix believes the timing is right to introduce their innovative technology to the marketplace.

Sources:
 * Stanford Group / ** May issue: Access Control and Security Systems

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