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Technology Stocks : Identix (IDNX)

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To: brad greene who wrote (4378)10/23/1997 10:09:00 AM
From: Richard Newton  Read Replies (2) of 26039
 
FBI FY98 Appropriation Requests (quite a bit of funding being appropriated... no idea if IDX would get any or how much will get approved, but it looks good for the industry... maybe this was "federal agency" referenced in the last news release):

[Appendix, Budget of the United States Government, Fiscal Year 1998]
[Page 675-679]
....
From the Budget of the U.S., FY 1998 Online via GPO Access
....
FEDERAL BUREAU OF INVESTIGATION

Federal Funds

General and special funds:
.....
$84,400,000 for the automation of fingerprint identification services
and related costs and not to exceed $14,000,000 for research and
development related to investigative activities shall remain available
until expended
.....
For the automation of fingerprint indentification services and related
costs, $47,800,000, to become available on October 1, 1998, and remain
available until expended

Fingerprint Cards Processed......... (1996) 9,781,111 (1997 est.) 11,000,000 (1998 est.) 11,500,000
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