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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 465.93+3.3%Jan 23 9:30 AM EST

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To: Bob Biersack who wrote (12773)2/22/2002 4:22:33 PM
From: Frederick Langford  Read Replies (1) of 26752
 
16:17 ET Identix and Visionics merger of equals : Identix (IDNX 6.95 -0.16) and Visionics (VSNX 10.50 +0.20) announce a strategic merger of equals in an all-stock transaction valued at approximately $600 mln, creating leading multi-biometric security technology company. Upon completion of merger, Robert McCashin, current Chairman/CEO of Identix, will serve as Chairman of the new company, and Dr. Joseph J. Atick, current Chairman/CEO of Visionics, will serve as CEO.

Fred
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