SUNNYVALE, Calif., Jan. 26 /PRNewswire/ -- Identix Incorporated
(Amex: IDX), the worldwide leader in providing biometric authentication,
security, and identification solutions, said today that its Board of Directors
has unanimously named CEO Robert McCashin, 53, as its new Chairman. McCashin,
who will also continue to serve as Identix CEO, replaces Randall C. Fowler who
stepped aside as Chairman and remains a member of the Board.
McCashin commented, "I am pleased with this endorsement from the Board.
This is an exciting time for Identix and I look forward to leading the Board
and our management team as we move our proprietary, best-of-class biometric
authentication security technology more fully into the commercial and
governments markets. I extend the heartfelt appreciation of the Board to
Randy Fowler. His leadership, dedication and counsel have been invaluable in
guiding Identix to its industry-leading position. We look forward to his
continued participation as a Board member."
About Identix
Identix Incorporated, 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. Identix designs and develops proprietary,
cost-effective, security products and solutions for personal identification
and verification. Through its itrust(TM) division, Identix will offer an
array of Internet and wireless Web secure transaction processing services, and
provide a wide range of applications to markets that include corporate
enterprise security, Intranet, extranet, and Internet, wireless Web access and
security, E-commerce, government and law enforcement agencies. Identix's
partners include Motorola, Compaq, Toshiba, VeriSign, Key Tronic, SCM Micro,
Cherry GmbH and Unisys.
The statements in this release that relate to future plans, events or
performance are forward-looking statements that reflect the Company'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 alliances to succeed and in particular, the ability of the Company
to complete product development, successfully manufacture its products in
volume and broadly disseminate the Company's products; increasing levels of
competition in the space for wired and wireless web security services; the
perceived need for secure communications and commerce in such markets; 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.
For further information please contact Damon Wright, Director of Investor
Relations of Identix Incorporated, 408-731-2000, dwright@identix.com.
SOURCE Identix Incorporated
-0- 01/26/2001
/CONTACT: Damon Wright, Director of Investor Relations of Identix
Incorporated, 408-731-2000, dwright@identix.com/
/Web site: identix.com
(IDX)
CO: Identix Incorporated
ST: California
IN: CPR
SU: PER
AJ-RP
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