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Innovative Card Technologies adds Ramsdell as independant board member

02 July 2007  |  1615 views  |  0 Source: Innovative Card Technologies

Innovative Card Technologies (NASDAQ:INVC), developers of the ICT DisplayCard for e-banking, e-commerce and data access authentication, today announced that W. Robert Ramsdell will serve as an independent director on the company's Board of Directors.

"Bob has a rich background in financial services and private investment direction," said John A. Ward, III, Chairman and CEO of InCard Technologies. "We welcome him to our Board of Directors and look forward to his input."

W. Robert Ramsdell has been engaged in private investments in micro cap companies since 1990. From 1973 until his retirement in 1990, Ramsdell was senior partner, director of research and office manager of Cantor Fitzgerald & Co. in Los Angeles, engaged in the institutional equity business. Ramsdell has been a Board member of Insignia Systems, Inc. (ISIG) since 1998 and a financial advisor to many companies including Occupational Urgent Care Health Systems (OUCH) and Preferred Voice (PRFV).

"Bob is a welcome addition to our board. I am enthusiastic that Bob's contributions to the Board will help guide InCard Technologies to continued success in the logical and physical access security market," said Alan Finkelstein, President of InCard Technologies.

The arrival of W. Robert Ramsdell brings the number of InCard Technologies' board members to seven. He will be serving alongside Chairman John A. Ward, III, Founder Alan Finkelstein, Donald Joyce, George Hoover, Scott V. Ogilvie, and Donald W. Killian, III.

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