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Technology Stocks : Identix (IDNX)

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To: Zencone who wrote (1113)5/20/1997 9:11:00 PM
From: Richard Newton   of 26039
 
According to federal filings the 10K shares on the 144 form was by Walter Yolanda - shareholder - Smith Barney broker. No mention of being a director (and I can't find my latest annual report to see if this person is listed).

Separately --
Some exerpts from an article in the American Banker - "Biometrics & Cards: The Ulitmate ID? (there is no direct link unless you want to register... I believe they have a two week free trial... this came from the special smart card reports, via a separate service). Most of the article was about fingerprint id and many of IDX's partners were mentioned or quoted. The end of the article touched on other biometric solutions.

-- industry experts think it will be another year before chips and biometrics merge on plastic with the health care industry using them first.

-- Biometric Tracking of Kansas City, Mo., has been working on a project to link an association of 51 East Coast hospitals via the Internet

-- Verifone, with an eye toward combining the technologies, recently organized a "BioDay" and had eight vendors describing their products. Though open to iris recognition, hand geometry, and voice systems, Verifone leans toward fingerprint scanning. For the past 18 months it has been working with Identix of Alexandria, Va., to deploy fingerprint devices at some Chase Manhattan branches in New York. Test customers swipe their magnetic stripe cards and place a finger on a glass window. Reaction has been positive and the pilot is continuing.

-- the Bank of Central Asia in Indonesia has replaced teller passwords with Identix finger scanners.

-- at the end of February, Oracle introduced a fingerprint identification device by Identix - a "Biometric Adapter" for access to Oracle data base systems. "It's not embedded into the keyboard or mouse yet, but this is the direction the industry is going," said Wynn White, director of middleware products for Oracle. "There is a lot of interest in biometrics and this is the ultimate in user identification."
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If I hadn't known better I would have thought IDX's PR firm wrote the article.

Rick
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