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


To: David who wrote (9989)8/20/1998 10:42:00 AM
From: jean  Respond to of 26039
 
David in DC...Thanks for all the info. Every penny counts. Jean



To: David who wrote (9989)8/20/1998 11:10:00 AM
From: art slott  Read Replies (1) | Respond to of 26039
 
David I don't think they meant 200k hits for Sylvan/Idx. As much as I wish.

Art



To: David who wrote (9989)8/20/1998 11:39:00 AM
From: Hockeyfan  Respond to of 26039
 
CA News is very significant.

The value of this order to Identix is much more than the $500,000 in hardware sales and upgrades.

>>The order to Identix for the TP-600 systems and upgrades for DSS existing units is valued in excess of $500,000. Sylvan/Identix LLC will be compensated separately for providing the ongoing fingerprinting services.<<

I believe that the State will own about 12 TP600s so the Sylvan JV won't get the full $35, but if we get $15 per click we would bring in $3 million in revenue per year from the 200,000 applicants. This should go a long way toward pushing the JV into the black and providing a valuable reference for future JV customers.

This is exactly what Identix needs - another show piece for its biometric capability trophy case. We will soon have:
1) California Dept. of Justice - Live scan for AFIS
biz.yahoo.com
2) California Dept. of Social Services - Live Scan + Fingerprint Svcs
biz.yahoo.com
3)California Department of Corrections - Bio-ID for prisoner monitoring
biz.yahoo.com
4) O'Hare Airport - airport cargo security

5) Los Angeles Unified School District for Prospective Employee Screening - Livescan
biz.yahoo.com
6) INS - Live scans
identix.com

Jeepers Randy. If you keep mismanaging the company like this, the crybabies will have nothing to whine about.