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Technology Stocks : Identix (IDNX)
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To: Ed Flynn who wrote (6546)2/5/1998 4:31:00 PM
From: Hockeyfan  Read Replies (2) of 26039
 
$870 million Argentina ID Contract

According to an article on the Bloomberg this afternoon, Siemens and their partners - Printrak & Boldt SA of Argentina - have apparently won a contract to prepare identity cards for Argentina's 35 million inhabitants. These cards would cost each person about $30 including the 21% VAT.

Printrak's portion is estimated to be $40 to $60 million over 4 years. Printrak will definitely supply the AFIS and probably the livescanners.

This would be the largest AFIS in the world.

Identix is not believed to be involved in the bidding.
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