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

To: Ed Flynn who wrote (6416)	1/28/1998 2:09:00 PM
From: Hockeyfan	Respond to of 26039

Good find Ed, Although the whole article is good, I excerpted the following items: >>The technology can also be applied at the PC level. Identix has produced a prototype scanning device than can fit into a desktop mouse, says company president Randall Fowler. But the mass market for such a product has yet to develop, Fowler maintains, and Identix has no immediate plants to sell the product. Nevertheless, Clinch points out that a scanner mounted on a keyboard is already commercially available. Perhaps a brighter prospect in the near term is the credit card industry, where escalating losses through fraud have already prompted companies to spend millions of dollars on security measures. 'Credit card companies will have fingerprints embedded in their cards within three years,' predicts Molesworth. 'It could come on to the market within the next year,' suggests Tom Rupert, vice president of sales and marketing at De La Rue Security Systems in Washington DC, a company that specialises in smartcard biometrics. According to Rupert, it is mainly a question of when the industry makes the choice and takes the plunge.<< It appears that Identix has the technology already for the Bio-ID market, but Randy is too smart to spend a lot of time producing the product before he sees the potential demand pick up. J. Saf