Identix Receives Purchase Order Valued at More Than $1,000,000 from State Law Enforcement Agency for New Enhanced Definition Live Scan Systems
| Agency Upgrading Legacy Systems & Expanding Existing Live Scan Network |
“The biometrics industry in general, and Identix specifically, is now regularly seeing the award of more seven figure and high six figure contracts for finger and facial recognition technology applications than at any other point in time that I can recall in Identix' 20+ year history in the industry”
Identix Incorporated (Nasdaq:IDNX), the world's leading multi-biometric technology company, announced today that it has received a new purchase order valued in excess of $1.0 million for multiple units of its recently introduced Identix(R) TouchPrint(R) Enhanced Definition 3000 Series of live scan systems. The TouchPrint Enhanced Definition 3000 Series exceeds the FBI Appendix F standard by providing 3.5 times the pixel density and 300 percent more contrast, resulting in images that have far more fine ridge detail than dictated by the Appendix F requirements. The Live Scan systems will be deployed at agency locations throughout the State to upgrade the State's existing legacy Identix live scan systems and to significantly expand the State's live scan network. Identix expects to ship and install the systems in calendar 2005.
"The biometrics industry in general, and Identix specifically, is now regularly seeing the award of more seven figure and high six figure contracts for finger and facial recognition technology applications than at any other point in time that I can recall in Identix' 20+ year history in the industry," said Identix President & CEO Dr. Joseph J. Atick. "These continued sizeable awards within the industry support Identix' belief that the inflection point for biometrics in terms of accelerated and expanding adoption is upon us.
"The response to our newly released TouchPrint Enhanced Definition 3000 Series has been excellent," Atick continued. "It reinforces the Company's belief that our commitment to superior image quality, coupled with the marketplace's increasing realization that not all live scan systems offer equal performance, will continue to differentiate Identix and what we believe are our superior quality live scan products. We see today's announced order as a partial reflection of what we believe is a growing opportunity to sell upgraded technology into our large existing customer base throughout the United States and internationally. Additionally, we feel our newly released Enhanced Definition Series positions us even better to continue to expand the reach of our penetration into the law enforcement, civil applicant, national ID, travel and other related markets throughout the world."
Identix TouchPrint Enhanced Definition 3000 Series
The TouchPrint Enhanced Definition 3000 Series exceeds the FBI Appendix F standard by providing 3.5 times the pixel density and 300 percent more contrast, resulting in images that have far more fine ridge detail than dictated by the Appendix F requirements. The TouchPrint Enhanced Definition 3000 Series employs technologies that take into account subjects with different size fingers and skin colors, sweaty fingers and users rolling fingers at different speeds. The systems produce clear, crisp fingerprint images with virtually no distortion or false minutiae that can be caused by smudging and smearing. TouchPrint Enhanced Definition 3000 Series systems are designed to maintain consistent image quality over time, and with no moving parts in the optics deck and no silicon pads or coatings to change, they provide maximum reliability and minimal downtime, lowering the total overall cost of ownership.
The TouchPrint Enhanced Definition 3000 Live Scan Series is comprised of rugged and stylized terminals for roll and slap fingerprint capture that can be integrated with software for a complete fingerprinting system in either desktop or transportable configurations, as well as standalone booking stations designed to withstand heavy traffic and harsh environments.
Identix and TouchPrint are trademarks or registered trademarks of Identix Incorporated in the United States and other countries.
About Identix Incorporated
Identix Incorporated (Nasdaq:IDNX) is the world's leading multi-biometric technology company. Identix provides fingerprint, facial and skin biometric technologies, as well as systems, and critical system components that empower the identification of individuals in large-scale ID and ID management programs. The Company's offerings include live scan systems and services for biometric data capture, mobile systems for on-the-spot ID, and backend standards-based modules and software components for biometric matching and data mining. Identix products are used to conduct background checks, speed travel and commerce via secure identification documents, prevent identity fraud in large-scale government and civil ID programs, and control access to secure areas and networks. With a global network of partners, such as leading system integrators, defense prime contractors and OEMs, Identix serves a broad range of markets including government, law enforcement, gaming, finance, travel, transportation, corporate enterprise and healthcare.
More information on Identix can be accessed via the Company web site at http://www.identix.com.
Statements in this release that relate to future plans, events or performance are forward-looking statements reflecting management's current expectations, assumptions and estimates of future performance and economic conditions. All forward-looking statements are made in reliance on the safe harbor provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. Identix cautions investors that forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied in such statements. Risks and uncertainties include, without limitation, those related to the ability of Identix to complete complex product development and obtain relevant government agency certifications on a timely basis; the availability of funding from government and other customers; and the readiness of customers to accept delivery of new products on a timely basis; the ability of the Company to achieve targeted levels of product and component mix; increasing levels of competition; and other risks identified in the Company's SEC filings. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
