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Technology Stocks : Identix (IDNX)

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To: brad greene who wrote (13650)5/24/1999 8:16:00 PM
From: jean   of 26039
 
Brad and all...Is this old news? Maybe not... Jean

May 25, 1999

Paris - SAGEM, a designer and manufacturer of automatic fingerprint identification systems, and STMicroelectronics (ST), a
semiconductor manufacturer, have announced that the two companies will work together to develop biometric solutions that will
allow sophisticated automatic fingerprint identification to be applied in high volume consumer applications. The cooperation will
combine ST's proprietary TouchChip technology for fingerprint capture with SAGEM's expertise in processing the captured
fingerprint. Both companies feel that the rapid spread of electronic commerce, the Internet and mobile communications will create a
fast-growing demand for a low cost yet highly reliable means of verifying personal identity as a means of controlling access to
equipment such as PCs, mobile phones and cars.
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