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Technology Stocks : Identix (IDNX)

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To: Buck who wrote (3897)10/10/1997 9:25:00 PM
From: brad greene   of 26039
 
Buck,

Meeting with some clients on some new home specs.......New IDX shareholders, by the way. (100 shares).......Could escalate into a full blown Commission Meeting......If others see the lights on....and drop on in......Cigars ready and waiting.

Here is the Fingerscan stuff....Very impressive. Very exciting. Can take a pencil to it!.....Solid growth rate can be projected......Is Wall Street paying attention?

Proof of success
The product has enjoyed enormous success, as evidenced by the following;

Sales have increased, on average, 125% per year for the past four years - planned sales for this fiscal year are $30m, with approx 75% of products being exported.

The company has increased staff from 5 persons in 1993 to 32 persons today, and now boasts a worldwide branch network, with offices in Singapore, London, Zurich, Djakarta, Lebanon and San Francisco.

A network of some 32 professional, fully-trained distributors, covering sales in over 70 countries, has been established.

An impressive user-list (attached) of clients has been developed - these include some of the world's largest companies, as well as high-profile government authorities and agencies.

The biometrics industry's three largest projects all belong to Fingerscan - Armaguard, Woolworths Australia and Bank Central Asia (B.C.A.) in Indonesia. Two further large projects (one in Turkey, the other in Colombia), which are about to be commissioned, will also use Fingerscan product.

bg
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