NY-based American Bank Note Holographics reported that 2003 produced its highest profits since becoming a public company despite the expiration of a patent license agreement in January 2003. Net income for 2003 was $1.0 million, compared with a net loss of $8.1 million for 2002. Net income for the fourth quarter was $0.4 million, compared with a net loss of $9.0 million for the fourth quarter of 2002. Sales for the year were $18.3 million, compared with $18.7 million for 2002. Fourth quarter revenues were $4.8 million, compared with $4.5 million for 4Q/02. During 2003, ABNH signed two important contracts with MasterCard which expanded its relationship and extended the agreement to at least 2011. The Compay also expanded its relationship with VISA with new products that had a positive impact in 2003. ABNH also closed several new projects for secure ID products with agencies of the U.S. government and foreign governments in 2003. American Bank Note Holographics is the leader in the origination, production, and marketing of holograms. For complete details on ABNH’s latest performance visit CardData ([www.carddata.com]).