PRESS RELEASE

CardSmith and Vision Database Systems Join Forces

Cloud-based ID Card transaction service provider, CardSmith acquires ID carding and mobile ID solutions provider, Vision Database Systems, to create expanded service offerings for colleges, K12, government, healthcare, corporate and other markets.

July 24, 2012;  2:00 pm  EDT
Doylestown, PA/Jupiter, FL

CardSmith and Vision Database Systems Inc. (VDS) today announced a merger of the companies to create an expanded and uniquely capable transaction solutions business.  As part of the agreement, Vision Database Systems will become a wholly-owned subsidiary of CardSmith, continuing current operations from Jupiter, FL.   Emil Bonaduce will continue as President of VDS and will become a shareholder of CardSmith.  He will also assume the additional duties of Vice President, Corporate Development for CardSmith.  The new corporate structure includes having all VDS staff join CardSmith while ensuring that VDS as an entity will continue its business as usual for customers and suppliers for the foreseeable future.

“We are thrilled to welcome Emil and the Vision Database team to CardSmith” said company President Jay Summerall.  “Our companies have worked together for many years, and their people and products have always been there to support our growing customer base.  Vision’s card production and verification solutions are very complementary to our cloud transaction service, and we are looking forward to a deeper integration of those applications with CardSmith.  VDS is also a leader in mobile and contactless transaction solutions.  Together, we’ll work to enable card issuers and service providers to create and manage virtually any kind of transaction, from anywhere, on any card, device or medium”. 

Summerall continued:  “CardSmith’s focus has always been on making it simple and affordable for customers to deliver professional transaction services for campus ID and other custom card programs.  This combination will enable us to provide uniquely comprehensive solutions.  We’ll support customers in every phase of card program management: starting from front-end card production to transaction management and cardholder service as well as program marketing and back-end operations support.  In addition to cloud based technologies that eliminate local systems and software, our customers can continue to expect the best technical and operations support anywhere. “

“I’m very excited that VDS is joining forces with CardSmith to create one of the most innovative and rapidly growing transaction service providers” said Bonaduce.  “I look forward to a tighter integration of our ID carding and mobile ID tracking products to create dynamic new products for our existing base of clients worldwide.  This is an opportunity for us to be a part of and help create a great future for our enhanced company.  We have worked closely with the staff at CardSmith for many years making this very comfortable for the VDS team.  I’m personally looking forward to rolling up my sleeves to develop transformative solutions that break the status-quo of legacy systems and service models.”

New product releases are already scheduled.  Next month, CardSmith/VDS will be rolling out a real-time integration between VDS’ RapidCard IDMS and CardSmith’s transaction databases, and a mobile version of CardSmith’s cardholder website for any smartphone or tablet.   In addition, two new products will be released at the upcoming American Society for Industrial Security (ASIS) exhibition in Philadelphia from September 10-12. The new products include a brand new ID verification solution and an innovative proximity card scanner. 

About CardSmith:
CardSmith is a transaction solutions company serving educational institutions, healthcare facilities, corporate campuses and other card issuers nationwide.  We provide the market’s only managed cloud-based transaction solution and turn-key card program management service, delivering superior service and performance for less than 50% of the cost of proprietary campus card systems.  For more information, visit: www.card-smith.com

About Vision Database Systems:
Vision Database Systems is a software development firm specializing in ID card systems and tracking devices. After success with its ID card software RapIDcard throughout the 1990’s, Vision Database Systems soon branched off into PC based and handheld tracking solutions. PockeTracker, Vision Database Systems’ handheld mobile application, is used by college campuses, corporations, government, and transportation nationwide as well as other organizations in need of wireless mobile tracking by ID card. Vision Database Systems also sells all the components needed to get ID systems up and running including handheld devices, printers, software, cameras, and a wide array of ID carding supplies.  Learn more about Vision Database Systems Inc – www.visiondatabase.com

 

Contacts:
Donna Franklin, VP Marketing & Communications, dfranklin@card-smith.com, 973.224.2529
Lindsay Moretti, Vision Database Systems,lindsay.moretti@visiondatabase.com, 561.748.0711