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To: Boplicity who wrote (5169)12/20/2001 2:47:45 PM
From: D.B. Cooper  Respond to of 13815
 
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Thursday December 20, 2:43 pm Eastern Time
Press Release
SOURCE: Identix Incorporated
Major Banking Institution Selects Identix Fingerprint Biometric Technology for Secure Authentication Into Corporate Network
Initial Order for 5,000 Identix Fingerprint Readers And 5,000-Seat BioLogon License
LOS GATOS, Calif., Dec. 20 /PRNewswire/ -- Identix Incorporated (Nasdaq: IDNX - news), the worldwide leader in providing fingerprint biometric user authentication, security and identification solutions, announced today that a major banking institution has selected Identix' fingerprint biometric security and authentication solutions to secure access by its employees to its IT network. The order is valued in excess of $550,000 and is the result of an evaluation program the Bank has been conducting of Identix fingerprint biometric security solutions for more than one year. The Bank has initially ordered 5,000 Identix fingerprint readers, consisting of a combination of BioTouch(TM) PCMCIA Cards for mobile computers and parallel port devices, and a 5,000-seat license for Identix BioLogon® software. The Bank, which requested its name not be disclosed, is a leading banking, investment banking and investment management firm with more than 60,000 employees throughout the world. Shipment under the order is expected to take place during the current quarter and Identix' fiscal third quarter.

Identix Chairman & CEO Bob McCashin commented, ``This is our largest financial industry network authentication solution sale to-date and is an example of what we see as the growing acceptance of fingerprint biometric solutions for network security and strong authentication. Additionally, we believe this order is an excellent endorsement by an industry leader of Identix' ability to provide strong authentication and security solutions. Over the past four months, we have seen a substantial increase in the interest in our biometric security solutions to secure IT networks on an enterprise- wide basis by large and small companies alike. Our solutions are currently being used by companies in many different industries, including securities firms, banks, healthcare organizations, airports, manufacturing companies and State and Federal agencies.

``We will always strive to provide the names of the companies and institutions implementing our technology,'' McCashin continued, ``however, due to the very sensitive information contained and being protected on many of these networks, especially in the financial industry, we must abide by the requests of those customers who wish to remain anonym