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Technology Stocks : Identix (IDNX)

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To: R. Jaynes who wrote (12429)	2/10/1999 4:15:00 PM
From: David	Read Replies (2) of 26039

Another item from today's filing, giving IDT's business strategy: "Although Identicator Technology has both proprietary hardware and software, Identicator Technology anticipates that hardware (scanners) may ultimately become a commodity. It is Identicator Technology's strategy to continue to sell its hardware through a contract manufacturing relationship, controlling the intellectual property associated with the hardware and increasing revenue growth and market share position. As the hardware becomes more of a commodity technology product, it is Identicator Technology's intention to license its technology to select peripheral component suppliers and to convert this revenue stream to a royalty based model. Additionally, as this occurs, Identicator Technology's focus will primarily be on the software development of applications and continuous improvement of the algorithm for the core operating system for finger imaging." ___________ In other words, if Mastercard wants to buy 50 million scanners, someone else will make them since IDT/IDX doesn't have that kind of manufacturing facility or expertise. I will post again on this SEC document in greater detail.

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