American Bank Note Holographics reported third quarter sales of $8.5 million, a year-over-year increase of 29.4%, and a sequential increase of 6.9%. The growth were driven by increased sales of holographic products to the transaction card industry, in particular the recently introduced second generation “HoloMag,” “HoloStripe,” and “HoloCard.” Net income in the third quarter increased 177% to $2.1 million. On October 23rd, MasterCard notified ABNH that it is seeking reimbursement for certain costs associated with the previously-disclosed suspension of its “HoloMag” program. MasterCard has stated that those costs now exceed $1.9 million. For complete details on ABNH’s third quarter results visit CardData ([www.carddata.com]).