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


To: Westergaard who wrote (7173)3/17/1998 7:50:00 AM
From: g.w. barnard  Read Replies (1) | Respond to of 26039
 
we got some news:
gw

News Alert from BusinessWire via Quote.com
Topic: (AMEX:IDX) Identix Inc,
Quote.com News Item #5786303
Headline: Siemens Employs Identix Technology for Biometric System to Assist Vote
Tallies, Prevent Fraud in Turkish Parliament; First National Legislative Body to
Adopt Biometric Verification

======================================================================
SUNNYVALE, Calif.--(BUSINESS WIRE)--March 17, 1998--Identix Inc.
(ASE:IDX), a leader worldwide in live-scan identification and
biometric identification verification systems, reported Tuesday that
its Identix International subsidiary provided TouchSafe II technology,
under a contract valued at about $750,000, to Siemens AG/Vienna as the
biometric verification component of a Siemens-designed integrated
conferencing and voting system now operational at the Turkish
Parliament.
The system is believed to be the world's first such
biometric-based attendance and vote verification system for a national
legislative body. The Ankara-based system services 568 elected
Parliament deputies. Principal systems integration was performed by
a Siemens subsidiary, Siemens AG/Karlsruhe, as part of a major
refurbishment of the Parliament building and its facilities to reflect
the latest technologies.
According to a Siemens AG/Karlsruhe spokesperson, the Identix
components were chosen because of Siemens' "prior positive experiences
with the Identix technology used in security systems we installed,
primarily for building access control, throughout Germany and in
other European countries.
"The Siemens reputation for first-class technology, equipment
and performance," he said, "is now the foundation for a first-ever
system that both substantially speeds vote tallies and protects
members from possible outside fraud. It was important that the
biometric verification component would ensure optimal results."
Identix's TouchSafe II optical scanners are built into the
deputies' desks, together with video screens that offer instructions
for attendance verification -- which can be taken at any time at the
Chairman's discretion -- and voting options by simply touching the
screens.
After an individual personal identification number is entered on
the touchscreen, the scanner optically reads the deputy's
forefingerprint, with instant verification achieved by matching what
is read with an electronic template previously recorded in a main
Identix Process Board. All 568 desks are networked by Identix's Lan
III software.
The system not only verifies individual attendance by desk
location, but also signals requests for delegate speaking times and
verifies each vote at each desk, again by the touch of a finger on
the TouchSafe scanner.
"Thus, not only can the Siemens system save considerable time in
counting votes -- with corresponding complete accuracy -- but there
can be an irrefutable vote audit trail and no chance of fraud," the
Siemens spokesperson commented. He added that representatives of
other countries have already expressed interest in the Turkish
Parliament system and are monitoring overall performance.
Identix is a leader in designing, developing, manufacturing
and marketing products for the capture and/or comparison of
fingerprints for security, anti-fraud, law enforcement and other
applications. The company's subsidiaries, joint ventures and
divisions include ANADAC/Government Services, a provider of
information technology, engineering, systems integration and
consulting services to government and commercial entities;
Sylvan/Identix Fingerprinting Centers, LLC, a supplier of contract
services for employee and applicant screening and other personal
verification applications; Biometric Applications & Technology; and
Identix International, which includes international selling offices
in Europe, Asia, North and South America and Australia.
The statements in this news release that relate to future plans,
events and performance are forward-looking statements that involve
risks and uncertainties, including risks associated with
uncertainties pertaining to customer orders, including those with
any government entity, funding for the procurements by government
agencies, the governmental procurement process, adoption of the
company's technology and other risks identified in the company's SEC
filings.
Actual results, events and performance may differ materially.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof.
The company undertakes no obligation to release publicly the results
of any revisions in these forward-looking statements that may be
made to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events.

CONTACT: Allen & Caron Inc.
Damon Wright (investors)
Owen Daley (media)
714/252-8440

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com



To: Westergaard who wrote (7173)4/3/1998 7:13:00 PM
From: Elvis Jones  Read Replies (2) | Respond to of 26039
 
John,

I haven't seen a WBN update on IDX in light of yesterday's news. Could you have Mike Hardesty comment on the news for us?

Thanks In Advance!

Happily Long IDX,
Duke