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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (7235)	5/23/2002 1:58:08 PM
From: Frederick Langford	Read Replies (1) of 16631

NEW YORK--(BUSINESS WIRE)--May 23, 2002-- Visionics Corporation (Nasdaq: VSNX - News), the worldwide leader in identification technologies and systems, announced today that its latest FaceIt® ARGUS surveillance system will be used to augment security measures at the Battery Park Screening Facility in the ferry embarkation area to Ellis Island and the Statue of Liberty in the New York harbor during this Memorial Day holiday weekend. The state of the art system is on loan from Visionics to the United States Park Police for the holiday weekend and is part of a series of stepped up security measures that will be visible at New York City landmarks. Major Thomas H. Wilkins of the United States Park Police commented, "Since the tragic events of September 11, our agency has been focused on preventing future attacks while ensuring everyday life remains as uninterrupted as possible. Ellis Island and the Statue of Liberty are potent symbols of our country's freedoms and it is our mission to make these landmarks safe for visitors and tourists." The installation of FaceIt® ARGUS at Battery Park Screening Facility will encompass the security portal area that precedes the ferry boarding planks. The system will automatically scan all faces passing through the entryway and compare them against a database of known terrorists compiled by federal authorities. The installation will be in compliance with Visionics' privacy principles---signage informing the public that the system is in use is posted in corresponding areas and all non-matches are automatically deleted from the system. Dr. Joseph J. Atick, chairman and CEO of Visionics Corporation stated, "We are truly honored to have been asked to participate in enhancing the security of some of our nation's most cherished landmarks. Providing our facial recognition technology for the US Park Police is yet another affirmation of our industry-leading position and we believe our contribution can help make the Memorial Day holiday weekend safer for Park visitors. We welcome the opportunity to respond swiftly and appropriately to the urgent call for heightened security to help deal with this most recent threat." Fred

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