You beat me to it Dave, nice scoop:)
Here is the text.
BW0549 JAN 06,2000 16:04 PACIFIC 19:04 EASTERN
( BW)(CA-IDENTIX-INC)(IDX) Biometric Consumer Applications to be Highlighted by Motorola At the Consumer Electronics Show; Booth No. N201-204
Business Editors and High-Tech Writers CES 2000
LAS VEGAS--(BUSINESS WIRE)--Jan. 6, 2000--
DFR 300(TM) Biometric Fingerprint Readers from Motorola and Identix Featured as the Replacement for Keys, PINs and Passwords
Identix Inc. (AMEX:IDX), a worldwide leader in providing biometric authentication, security and identification solutions, and its joint product development with Motorola of the DFR 300(TM) fingerprint reader is a focal point in Motorola's booth at this year's Consumer Electronics Show (CES).
The DFR 300 optical fingerprint reader, announced in November at Comdex, will be demonstrated by Motorola at CES for a wide range of consumer locking/unlocking and security access control applications.
Achieving 80 percent size and 40 percent cost reductions over previous generations of biometric reader technology, the DFR 300 readers have the potential to reduce commercial prices and make biometric identification feasible for a wide range of applications that span multiple industries; IT, automotive, financial, e-commerce, cellular phones, wireless communications and more.
The DFR 300 incorporates Motorola's advanced imaging architecture, conquering a formidable challenge of cost by replacing traditional charged coupled device architecture with Motorola's highly integrative ImageMOS(TM), CMOS image sensor technology. The DFR 300 measures less than 1/4 inch in thickness and is approximately 1 inch long.
With Identicator Technology Inc., Identix's wholly owned subsidiary and IT Security Division, Compaq first introduced biometrics to commercial IT markets in readers, which sold for less than $99. Identix's DFR 300 uses Motorola's DigitalDNA(TM) technology to redefine the face of simple functions, such as unlocking your car or home, logging on to your computer, making transactions online or operating your cell phone.
"As early adopters, IT markets were first to employ biometrics as the latest in security -- positive user authentication -- spearheading what is likely to be the next global technology," said Roger Janikowski, Business Development Manager of Digital Imaging at Motorola.
"CES is the ideal forum for exposing the public to technology that we believe is likely to be used in a broad set of products and applications, such as secure Internet transactions from wireless devices, control functions and settings in cars and remote home maintenance systems, and even to open front doors," said Grant Evans, Vice President and General Manager of Identix.
DFR 300 readers will be on display with demonstrations in Motorola's booth No. N201-N204 during CES from Jan. 6-9 at the Las Vegas Convention Center.
About Identix
Identix, www.Identix.com, is a leader in designing, developing, manufacturing and marketing products for the capture and/or comparison of fingerprints for security, anti-fraud, law enforcement, physical access and other applications.
Through Identicator Technology Inc., Identix's wholly owned subsidiary and IT Security Division, Identix designs and develops proprietary, cost-effective, security products and solutions for personal identification and verification.
Identicator Technology provides a wide range of applications to markets that include corporate enterprise security, intranet, extranet and Internet access and security, E-commerce, government and law enforcement agencies. Identix's partners include Motorola (NYSE:MOT), Compaq (NYSE:CPQ), Key Tronic (Nasdaq:KTTC), SCM Micro (Nasdaq:SCMM), Cherry GmbH and Unisys (NYSE:UIS).
The statements in this release that relate to future plans, events or performance are forward-looking statements that reflect Identix management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance on the safe harbor provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied in such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with: development of the marketplace for biometrics solutions; demand for the company's products and services; the ability of the company's partnerships and alliances to succeed and in particular, the ability of the company to complete product development and broadly commercialize and disseminate its products; and other risks as identified in the company's SEC filings. The company disclaims any intention or 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.
--30--JC/np* EZ/np
CONTACT: Identix Inc.
Investor Relations Dept., 408/731-2021
ir@identix.com
or
Miller/Shandwick
Suzanne Matick, 650/596-5800
smatick@shandwick.com
KEYWORD: CALIFORNIA NEVADA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS TRADESHOW
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