Drexler Technology Corporation Secures European Market Traction with Bayer and British Telecommunications Orders

Drexler Technology Corporation, a pioneering company in the field of optical memory cards, has made significant strides in developing its European markets with the announcement of two separate orders from prominent corporations Bayer AG and British Telecommunications PLC. The deals, totaling $30,000, signify a crucial step in establishing relationships with esteemed corporate groups in Western Europe. Bayer AG, a leading German pharmaceuticals group, has ordered a custom-designed "optical smartcard," which will store patient medical records and provide access to an online service for doctors. Meanwhile, British Telecommunications PLC has placed a follow-on order for Drexler's optical cards, which are being used in a prenatal care health card system at the Chelsea and Westminster Hospital in London.

Key Takeaways:

• Drexler Technology Corporation has secured orders from Bayer AG and British Telecommunications PLC for its LaserCard optical memory cards.
• The orders, totaling $30,000, represent an important step in developing the Company's European markets and building relationships with distinguished corporate groups.
• Bayer AG has ordered a custom-designed "optical smartcard," which will store patient medical records and provide access to an online service for doctors.
• British Telecommunications PLC has placed a follow-on order for Drexler's optical cards, which are being used in a prenatal care health card system at the Chelsea and Westminster Hospital in London.
• Drexler's patented optical memory cards can securely store up to 4.1 megabytes of information, including medical records, x-rays, MRIs, and ultrasound scans.
• The card can be updated with new data each time healthcare is provided to the patient.
• Drexler Technology Corporation and its wholly owned subsidiary, LaserCard Systems Corporation, are headquartered in Mountain View, California.

Statistics:

• Total orders from Bayer AG and British Telecommunications PLC: $30,000
• Storage capacity of Drexler's optical memory cards: up to 4.1 megabytes
• Number of companies involved in the development of the CliniCard system: 3 (Drexler Technology Corporation, British Telecommunications PLC, and Chelsea and Westminster Hospital)

Sources:

• Business Wire, "Drexler Technology Corporation Announces Orders from Bayer AG and British Telecommunications PLC" (Nov. 14, 1995)
• Note to Editors: "LaserCard" is a registered trademark of Drexler Technology Corporation. "CliniCard" is a trademark of British Telecommunications PLC.