Thursday January 21, 7:32 am Eastern Time
Company Press Release
Identix to Supply TouchSafe to
Bancosur for Electronic Online
Banking
SUNNYVALE, Calif.--(BUSINESS WIRE)--Jan. 21, 1999--Identix Inc. (ASE:IDX - news), a
leading world-wide provider of live-scan and biometric verification systems, Thursday announced
that Bancosur, a leading bank in Peru with more than 40 branches, is beginning implementation of
Identix's biometric fingerprint technology and an independent Peru-based company's networking
software for online banking applications.
Indentix's TouchSafe fingerprint readers and the third-party's networking software enable bank
customers to connect to Bancosur to check their balance, credits and debits, as well as gain access
to other electronic services.
According to Bancosur, TouchSafe technology was selected to ensure fast, secure identity
verification, combining a high level of security with fully encrypted communication. The system was
designed to facilitate the automation of external banking processes and improve the financial
management of bank customers.
Bancosur Electronic Banking Manager Carlos Arguelles stated: ''This application will greatly benefit
both the Bank and our customers. We have succeeded in our goal to provide a fast, easy and
customer-friendly home-banking system that meets the needs of many different kinds of users.''
Identix Chairman, President and Chief Executive Officer Randall C. Fowler said: ''We are proud to
be a part of this new system application for electronic home banking. The ability of our biometric
products to verify the user provides needed security for online transactions to all parties involved.''
Identix TouchSafe hardware works with numerous types of networks and software packages. When
combined with application specific software, Identix technology provides flexible and secure banking
communication, the ability to work on line and off line, networking and remote managing.
Identix is a leader in designing, developing, manufacturing, and marketing products for the capture
and/or comparison of fingerprints for security, anti-fraud, law enforcement and other applications.
The company's subsidiaries, joint ventures and divisions include ANADAC/Government Services, a
provider of information technology, engineering, system integration and consulting services to
government and commercial entities; Sylvan/Identix Fingerprinting Centers, LLC, a supplier of
contract services for employee and applicant screening and other personal verification applications;
Biometric Applications & Technology; and Identix International, which includes international selling
offices in Europe, Asia, North and South America and Australia.
The statements in this release that relate to future plans, events or performance are forward-looking
statements that involve risks and uncertainties, including demand for the company's products and
services, development of markets for the company's products and services and other risks identified
in the company's SEC filings. Actual results, events and performance may differ materially. The
company undertakes no obligation to publicly update these forward-looking statements to reflect
events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated
events.
Contact:
Identix Inc.
Investor Relations Department, 408/731-2021
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Related News Categories: banking, computer peripheral, computers
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