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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?

To: steve who wrote (25341)	12/11/2003 11:11:55 AM
From: steve	Read Replies (1) \| Respond to of 26039

Dicut Announces Acceptance of Biometric Software and Finalization of Facial Recognition Contract MARIETTA, Ga., Dec. 11 /PRNewswire-FirstCall/ -- Dicut, Inc. (OTC Bulletin Board: DCUT), a Marietta, Georgia-based provider of biometric security products and services today announced that it has received a contract to provide facial recognition tools for all national security cards, passports, visas, drivers licenses and vehicle registrations for the Republic of Moldova. The contract covers a period of twelve years and is expected to generate approximately six million dollars of revenue over its term. The contract also contains provisions for an extension of up to 10 years. Pierre Quilliam, President of DICUT, stated, "we believe this is the first of several contracts from various foreign countries and provinces that we will receive over the next six months." Dicut will be paid monthly based monthly on a per usage basis on every drivers license, passport, and/or national identification card issued to the citizens of the republic of Moldova using Dicut's biometric software. About Dicut Founded in 1994, Dicut, Inc., (OTC Bulletin Board: DCUT) is an advanced security solutions provider. Dicut provides security solutions through innovative technologies to both the public and private sectors. The Company consists of three wholly-owned subsidiaries, Aurora Biosecurity Solutions, Detect-X, and veriCentrix. Aurora Biosecurity Solutions provides fully automated, complete biometric products and systems that grant or deny access with no human intervention. Detect-X is dedicated to developing a new level of innovative security for today's world and the veriCentrix division provides comprehensive solutions for an organization seeking to automate and simplify security. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward- looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. prnewswire.com steve