It is a true pleasure to build our business in a region like
Virginia where all of these facets are embraced by a community that shares a
deep love and respect for both business and equestrian sport.com

Contact: Cassy Quigel of Athena Technologies, +1-540-428-3311, or
CQuigel@athenati.

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In 2001 Simmons launched her own operation,
JCS Stables, putting her competitive ambitions aside as she spent time
establishing herself as a professional. "I am delighted to continue
promoting the 'Sport of Kings' in our home in Virginia, through Jenn's
sponsorship.

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About LaserCard Corporation
LaserCard Corporation (http://www.
Athena's financial support via the sponsorship has allowed Simmons to
return to the upper-level competitive arena and significantly step up her own
schooling.

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lasercard . The company has sold over 28
million secure ID cards to meet the demanding requirements for border
security, digital governance, and national identification in countries around
the world, including the United States, Canada, Italy and India. Simmons is currently training with Jan Thompson, 2004 United States
Olympic Event Team member.

The thought of racing 50 to 100 miles over difficult terrain - often in only one day and only on one horse - is enough to turn most riders pale at the very prospect .

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com) manufactures and markets
LaserCard(R) optical memory cards, chip-ready OpticalSmart(TM) cards and other
advanced-technology secure identification cards. These forward-looking statements are based upon our
assumptions about and assessment of the future, which may or may not prove
true, and involve a number of risks and uncertainties including, but not
limited to whether the Middle Eastern country recruits and contracts with a
new value added reseller to continue the National ID card program , whether the
Middle Eastern country continues to use optical memory cards in such program,
and whether the Company encounters card production difficulties, as well as
the risk factors detailed in the Company's Form 8-K, 10-K, and 10-Q filings
with the Securities and Exchange Commission.

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Forward-Looking Statements: All statements contained in this press
release that are not historical facts are forward-looking statements made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995 and are not historical facts or guarantees of future
performance or events. Examples of forward-looking
statements in this release include the Company's anticipation that it will
receive an additional order later this calendar year and the implication that
the Company will be able to deliver the $900,000 worth of OptiSmart cards per
the requested schedule .com/cgi-bin/prnh/20030123/ATHLOGO )
Jennifer Simmons is a well-known national level competitor in the sport of
Eventing -- a competition wherein a team of horse and rider compete together
in three separate phases: dressage, endurance/cross-country, and show jumping.

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"Athena's sponsorship has allowed to me to train and compete several
horses on a regular basis and this has enabled my riding to take a great leap
to the next level," said Simmons. Additional information is available at http://www.

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In addition,
the Company manufactures optical card read/write drives and develops optical
card system software, card-related data systems and peripherals., operates two wholly owned
German subsidiaries: Challenge Card Design Plastikkarten GmbH, which
manufactures advanced-technology cards; and cards + more GmbH, which markets
cards, system solutions, and card personalization printers .newscom. Vos, PhD, Athena's president and founder, is himself an eventer
who competes at the regional level and understands the level of commitment and
dedication it takes to participate in the sport . Eventing and all that it encompasses, is a wonderful microcosm of
the challenges, focus, determination and commitment that succeeding in
business demands.

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The company is an independent, privately held firm with headquarters in
Northern Virginia.

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"We anticipate an additional order for this program later this
calendar year. Due to these and other risks,
future actual results could differ materially from the Company's expectations.

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Endurance Riding is unquestionably the most grueling, demanding, and physically challenging of all the equestrian disciplines.

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"This is the first significant order we have received for our OpticalSmart
cards, in which we include an embedded IC chip in each optical memory card
prior to delivery to the customer," said Richard Haddock, CEO of LaserCard
Corporation . One year ago Athena, in its first foray into sport
sponsorship, chose to back Simmons' Olympic bid as a means of expressing
support not only for Simmons personally but for the regions' leading sporting
interest.
Founded in 1998, the company produces the GuideStar(TM) Family of versatile,
compact and cost-effective integrated flight-control and navigation systems.

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LaserCard Corporation Announces $900 000 Order for OpticalSmart(TM) Cards for Middle Eastern National ID Program

These forward -looking statements speak only as to the date of this release,
and, except as required by law, the Company undertakes no obligation to
publicly release updates or revisions to these statements whether as a result
of new information, future events, or otherwise.

Athena Technologies Extends Sponsorship of Local Equestrian

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Early in her career Simmons trained with three-time Olympic eventer James
Wofford at his Upperville, VA training center and competed to the Advanced
Level -- the pinnacle of eventing."
David W.

This category offers a plethora of sites to whet your curiosity , interest, and needs in the fascinating world of distance riding.

endurance tevis

LaserCard
Corporation, headquartered in Mountain View, Calif. .

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athenati.

For those less inclined to race at speed past the scenery , the sport of Competitive Riding offers no less of the horse and rider in terms of an ideal partnership , but at a slower pace.

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First Significant Order for IC Chip-Embedded Optical Memory Cards

MOUNTAIN VIEW, Calif."
Shipments under the new order are scheduled to be completed this quarter .

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Often such statements can be
identified by their use of words such as may, will, intends, plans , believes,
anticipates, visualizes, expects, and estimates., Athena Technologies announced today
it will renew its sponsorship of 2008 Olympic equestrian team hopeful Jennifer
Simmons of Middleburg , VA."

About Athena Technologies
Athena Technologies is a premier developer and producer of dynamics and
control systems, specializing in navigation and flight-control systems.

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WARRENTON , Va.

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, LaserCard
Corporation (Nasdaq: LCRD), today announced that it has received an order for
OpticalSmart (TM) cards valued at approximately $900,000 for a national ID card
program in the Middle East. As a result, our actual results
may differ materially from the statements made.
(Logo: http: //www.

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This follow-on order is in addition to the
previous $1.

com

Whether it be Endurance or Competitive, once you have tried distance riding, you can never look back without a sense of utter awe and admiration for those that can take this sport to the highest level - be it the justifiably famous (or infamous) Tevis Cup (in the western US), the unbelievably grueling Old Dominion 100 (in Virginia), or the paragon of endurance rides - the Endurance event at the Olympic trials.

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2 million card order and is intended to meet the program's current
card issuance needs. Rather, they are based on current expectations,
estimates, beliefs, assumptions, and goals and objectives and are subject to
uncertainties that are difficult to predict. "My hope is that next year will bring great
things and that I will start to see some of the results from all of the hard
work we did this year.

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