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Technology Stocks : Identix (IDNX)

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To: steve who wrote (7196)3/18/1998 8:53:00 AM
From: Hockeyfan  Read Replies (1) of 26039
 
Lehman Bros. First Call Note -

- Subject is contract with Siemens for Turkish Parliment voting/conference system
- Emphesizes that contract was based largely on Siemens' "prior positive experiences" with Identix.
- Believes that this is another example of the small contracts that will eventually snowball into industry ecceptance of biometrics.
- Still expecting a 300% increase in QEPS from 2 cents to 6 cents.

Army smartcard contract - Great application. Wish it was us, but it appears that Identicator beat us to the punch.

"To verify their identities, recruits place their index fingers on a special sensor. Software supplied by Identicator Technology compares the information from the sensor with the fingerprint stored on the card."

Phillipines contract - If Identix is involved and the Turkish Parliment contract is any guide, we won't find out about Identix's involvement for another 6 to 12 months.
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