Congratulations IDX,
For anyone interested,
SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 11, 1997--Identix Inc. (ASE:IDX), a leader worldwide in live-scan systems and biometric identity verification systems, Tuesday announced the signing of an agreement for a five-year strategic relationship with Itasca, Ill.-based NEC Technologies Inc.
Under the agreement, the companies will combine their respective personal verification technologies in the manufacture and marketing of live-scan workstations designed to provide fast and accurate suspect identification/verification for law enforcement agencies.
Identix's live-scan technology will be purchased by NEC and integrated with a proprietary NEC Automated Fingerprint Identification System (AFIS) function in the jointly developed workstation, the LS-21.
The two companies' field sales representatives in the United States and internationally, except in Japan, will now be able to offer to their respective current and prospective customers the combined technologies in two forms: the "basic" and "advanced" LS-21.
The "basic" model combines Identix live-scan technology with certain performance-enhancing NEC functions. The "advanced" model adds such unique features as NEC's Q-ID quick identification software.
The Q-ID feature enables the arresting/booking officer to transmit the suspect's given name to the NEC AFIS for inquiry and receive within seconds fingerprint minutiae from up to two candidates for automatic verification.
The Q-ID process is completed while the suspect's full 10 fingerprints are being taken for transmittal to state and national law enforcement agency AFIS databanks.
Enforcement records show that such initial identifications, based on the suspect's given name, are positive more than 60 percent of the time.
According to Tony Doonan, NEC Technologies director of Sales and Marketing/Western Region, the strategic relationship "promises to strengthen even more the law enforcement market leadership of both partners.
"Our respective technologies have been proven over the years at major police and sheriff's departments worldwide. NEC AFIS systems are now used in 30 states in the U.S. and in 11 countries abroad.
"With the LS-21, the arresting officer will be able to book a suspect and return to street patrol even more quickly than before, knowing the proper verification has been made and that the fingerprints are of the highest possible quality."
Identix Chairman, President and Chief Executive Officer Randall C. Fowler commented: "This agreement should be one that mutually benefits both parties. A strategic alliance with an entity with NEC's established reputation is another indication of Identix's leadership in fingerprint technologies.
"More important," he continued, "are the advantages to law enforcement our respective technologies, packaged in the LS-21, will offer to enable even more efficient suspect processing."
Identix is a leader in designing, developing, manufacturing and marketing products for the capture and/or comparison fingerprints for security, anti-fraud, law enforcement and other applications.
The company's subsidiaries and divisions include ANADAC/Government Services, a provider of information technology, engineering, systems integration and consulting services to government and commercial entities; Identification Services Division, a supplier of contract services for employee and applicant screening and other personal identification applications; Biometric Applications & Technology; and Identix International, which includes international selling offices in Europe, Asia, North and South America and Australia.
NEC Technologies is recognized as the industry leader in Automated Fingerprint Identification Systems, latent identifications and large (greater than one million records) networked AFISs.
Based in Washington, D.C., NEC Technologies' AFIS Division markets AFIS products for law enforcement and jail management; commercial finger imaging products for vertical markets, including social welfare services, access control, immigration and motor vehicles; and HealthID finger imaging products for the healthcare market. -0-
The statements in this news release that relate to future plans, events or performance and forward-looking statements that involve risks and uncertainties, including risks associated with uncertainties pertaining to carrying out strategic relationships, competition and technological change, customer orders, including those with any government entity, funding for procurements by government agencies, the governmental procurement process and other risks identified in the Identix's and NEC's SEC filings. Actual results, events or performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Neither Identix, nor NEC undertake any obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
CONTACT:
Allen & Caron Inc.
Damon Wright (investors)
Owen Daley (media)
714/252-8440
KEYWORD: CALIFORNIA
BW1057 NOV 11,1997
AS OF 12:30 , STOCK IS DOWN 7/16. GO FIGURE. |
