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To: 2MAR$ who wrote (48872)4/12/2002 12:02:13 PM
From: nokomis  Read Replies (2) | Respond to of 208838
 
Like Susie says..you ARE good...greedy, but good!!



To: 2MAR$ who wrote (48872)4/12/2002 12:04:51 PM
From: Frederick Langford  Respond to of 208838
 
DARPA Extends Visionics Participation in Human ID at a Distance Program; Current

Year Contract
Calls for Nearly $1 Million in Additional Funding

Business Editors

MINNETONKA, Minn. & JERSEY CITY, N.J.--(BUSINESS WIRE)--April 10,
2002--Visionics Corporation (Nasdaq:VSNX), the worldwide leader in
identification technologies and systems, announced today that the
Defense Advanced Research Projects Agency (DARPA) has extended the
company's participation in the Human ID at a Distance program through
an additional $994,000 in funding to its current year contract.
The original contract, signed in August 2000, was for
approximately two million dollars for an initial two-year period, with
a provision that it may be extended into a second phase, for a similar
amount, for an additional two years depending on progress made during
the first phase. The increase of more than 40% in the original funding
brings the total contract value for the first phase to $3.1 million.
The overall goal of the Human ID at a Distance program is to
promote significant advancement in the state of the art of
identification at a distance by combining different technologies,
including facial recognition.
In the wake of recent events, Visionics' technology has been
identified as a powerful tool for combating and deterring crime. Its
FaceIt(R) ARGUS system constantly searches video feeds of standard
CCTV systems for faces and matches them against a watch list of wanted
individuals. It alerts when a match occurs. Non-matches are
immediately discarded from the system. FaceIt(R) ARGUS is being
installed and evaluated at various airports across the country.
Previous versions of the system have been in use for some time in the
UK and other security installations worldwide.
On February 22, 2002, Visionics Corporation announced that it
entered into a definitive merger agreement with Identix Incorporated
(Nasdaq: IDNX) in an all-stock transaction. Visionics and Identix plan
to file a joint proxy statement/prospectus with the SEC in connection
with the transaction containing important information about each
respective company, the transaction and related matters. The
transaction is subject to certain closing conditions, including
regulatory approvals and the approval of Visionics and Identix
shareholders, and is currently expected to close in the calendar
quarter ending June 30, 2002.

Fred