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

To: brad greene who wrote (5840)	12/19/1997 10:32:00 AM
From: steve	Read Replies (1) \| Respond to of 26039

Brad, Where can we find the Stipulation of Settlement? What is the settlement amount? steve

To: brad greene who wrote (5840)	12/19/1997 12:25:00 PM
From: J L Segal	Read Replies (2) \| Respond to of 26039

Brad, this is GREAT news, but why hasn't there been a major press release yet about the settlement? (Today maybe? Although that wouldn't be good for Rob; his stock would get called away!) JL

To: brad greene who wrote (5840)	12/19/1997 12:27:00 PM
From: flaget	Read Replies (1) \| Respond to of 26039

SETTLEMENT. IT'S OVER???? What is over??? The Title of document is "Preliminarily Proposed Settlement" and orders that injured parties will be found and contacted by first class mail by a date unspecified in 1998. So what is over? How much money? Who knows. Terms of settlement. Who knows?? Seems a little premature to rush into the streets crying IT'S OVER & LIGHT THEM UP. This baby has a long way to go. They are just now beginning to count the people and the dollars. I don't think SC Comm heard of this ever.

To: brad greene who wrote (5840)	12/19/1997 5:26:00 PM
From: Night Writer	Read Replies (1) \| Respond to of 26039

Another article. Soory if already posted. NW Subj: Identix Resolves Class Action Suit Date: 97-12-19 14:38:18 EST From: AOL News BCC: Larry315 Identix Resolves Class Action Suit SUNNYVALE, Calif.--(BUSINESS WIRE)--Dec. 19, 1997--Identix Inc. (ASE:IDX) Friday announced that it has reached an agreement with lead plantiffs and their counsel to settle a securities class action lawsuit pending against the company and two of its officers in Federal District Court in San Jose. A settlement agreement in the lawsuit entitled Rooney v. Identix Inc. was signed this week and today received preliminary approval from the U.S. District Court for the Northern District of California. Under federal laws governing class action litigation, the settlement is subject to final court approval following notice to class members. The settlement agreement includes the defendants' strong denial of wrongdoing. Identix Chairman, President and Chief Executive Officer Randall C. Fowler said," While we do not believe that the company or any of its employees did anything wrong, we are pleased to put an end to the distraction inherent in litigation of this type so that we can maintain our focus on the business opportunities that are ahead as we move into 1998." The settlement will be funded largely with insurance proceeds. The company's contribution will come from a reserve established in a prior accounting period, Fowler said. Identix designs, manufactures and markets biometric personal identity and verification systems for security applications and products for law enforcement that optically scan, analyze and transmit fingerprint images. Its subsidiary, ANADAC Inc., provides information technology, engineering, systems integration and consulting services to government and commercial entities. The company's Fingerscan subsidiary manufactures and integrates commercial, financial and industrial biometric verification systems for sale in the Pacific Rim, Southeast Asia and other selected countries. --30--RMS/np* DEM/np CONTACT: Allen & Caron Inc Damon Wright (investors) Owen Daley (media) 714/252-8440