As I suggested last night, people at VISG are smart enough to know that they don't go this alone. They have been very conservative in structure, planning and even hype. That's why they've survived to play today.
Viisage Technology and RAPOR, Inc. to Demonstrate Integrated Biometric Access Control Systems for Airports/Office Buildings At ASIS Security Conference
SAN ANTONIO, Texas, Sep 28, 2001 (BUSINESS WIRE) --
ASIS, Booth 1036
At ASIS, Oct. 1-4 in San Antonio, TX, Viisage Technology, Inc. (NASDAQ: VISG), the leader in face-recognition technology and identification systems and solutions, and RAPOR, Inc. of New Britain, CT, the leading developer and provider of integrated security portal systems, will collectively announce new highly secure, sophisticated portal access systems for airports, commercial offices, schools, government facilities, courthouses, and manufacturing plants.
RAPOR'S systems have recently received FAA approval. Installations currently exist with IBM and the U.S. Army securing critical points of entry.
RAPOR has integrated Viisage's face-recognition FacePASS(TM) system with RAPOR's highly innovative Fast Trac(TM) portal system, marking the first time a validated portal system will be triggered by an equally validated face recognition system.
RAPOR's systems combine components, such as metal detectors, access control devices, monitoring systems and sensors to provide secure, rapid and sophisticated portal access. The combination of Viisage's FacePASS face-recognition technology with Fast Trac conveniently and non-intrusively increases security levels while maintaining throughput speed. RAPOR's Fast Trac has a unique patented ability to rapidly manage high-traffic flow levels while virtually eliminating "tailgating," or dual entry, the primary weakness of most revolving door access control systems.
About RAPOR, Inc.
With headquarters in New Britain, CT, RAPOR, Inc. is a developer, manufacturer and distributor of integrated security systems for controlling access to restricted areas. RAPOR's systems are based on the unique, patented RAPOR (Rapid Access Portal) Fast Trac concept.
About Viisage Technology, Inc.
Viisage Technology is the world leader in biometric face-recognition technology and identification systems and solutions that enhance consumer convenience, improve security and protect personal privacy.
This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements in this document and those made from time to time by the Company through its senior management are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements concerning future plans or results are necessarily only estimates and actual results could differ materially from expectations. Certain factors that could cause or contribute to such differences include, among other things, potential fluctuations in quarterly results, the size and timing of award and performance on contracts, dependence on large contracts and a limited number of customers, lengthy sales and implementation cycles, changes in management estimates incident to accounting for contracts, availability and cost of key components, market acceptance of new or enhanced products and services, proprietary technology and changing competitive conditions, system performance, management of growth, dependence on key personnel, ability to obtain project financing, general economic and political conditions and other factors affecting spending by customers and other risks, uncertainties and factors including those described from time to time in the company's filings with the Securities and Exchange Commission, including without limitation, the company's Form 10K for the year ending December 31, 2000 and its quarterly reports on Form 10Q.
CONTACT: For: Viisage Technology, Inc. Porter, LeVay & Rose, Inc. Linda Decker, 212/564-4700 or Gray & Rice Joan Buckley-Dion, 617/367-0100, ext. 106 or Viisage Technology Tom Colatosti, President and CEO, 978/952-2211
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