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


To: brad greene who wrote (9213)7/9/1998 7:54:00 AM
From: g.w. barnard  Read Replies (1) | Respond to of 26039
 
bg
we got some numbers:

gw

SUNNYVALE, Calif.--(BUSINESS WIRE)--July 9, 1998--Identix Inc.
(ASE:IDX), a leading provider worldwide of live-scan and biometric
verification systems, Thursday reported that the California Department
of Corrections (CDC) is installing TouchLock II(TM) single-finger
biometric verification readers and Bio Sentinel(TM) networking
software for physical access control applications in all 33 state
prisons over the next 12 months.
TouchLock II readers and Bio Sentinel software will enable
authorized state prison staff members to enter and leave secure areas
while providing an exact record of each entry and exit. The system
will use fingerprint verification technology to ensure that only
authorized personnel are allowed access to the protected areas.
Orders received to date are valued in excess of $1.3 million.
According to Identix Chairman, President and Chief Executive
Officer Randall C. Fowler, TouchLock II is expected to ensure fast,
easy entry and exit for authorized CDC personnel. "In addition,"
Fowler commented, "the ability of our Bio Sentinel networking software
to monitor the location of authorized personnel provides for complete
accountability of authorized individuals.
"If correctional officers or authorized visitors do not
biometrically check out of the secured areas when expected," Fowler
continued, "the Bio Sentinel software alerts the security staff of the
missing individuals, enabling quick action to be taken to find those
missing people. This significantly adds to the safety of CDC staff
and authorized visitors."
TouchLock II Fingerprint Identity Verification Terminals are
specifically designed for physical access control and time and
attendance applications and combine an innovative design with
Identix's proven fingerprint identity verification technology to
provide superior speed, accuracy and reliability. The TouchLock II
utilizes patented biometric verification to provide irrefutable
personal identification.
Bio Sentinel software, combined with Identix's Fingerlan III(TM)
network operating system, provides flexible and secure networking
capabilities for TouchLock II readers, including secure storage of
biometric templates, transaction management, user database features
and extensive configuration options.
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 statements in this release that relate to future plans,
events or performance are forward-looking statements that involve
risks and uncertainties, including risks associated with uncertainties
pertaining to customer orders, orders from and contracts with
government entities, availability of government funds, demand for
products and services, development of markets for the company's
products and services and other risks as identified in the company's
SEC filings. Actual results, events and performance may differ
materially. Readers are cautioned not to place undue reliance on such
forward-looking statements, which speak only as of the date hereof.
The company undertakes no obligation to publicly update these
forward-looking statements to reflect events or circumstances that
occur after the date hereof or to reflect the occurrence of
unanticipated events.

CONTACT: Allen & Caron Inc.
Damon Wright (investors)
Owen Daley (media)
714/957-8440

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED AEROSPACE/DEFENSE
GOVERNMENT PRODUCT
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