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


To: Ed Flynn who wrote (10274)9/11/1998 9:17:00 AM
From: Buck  Respond to of 26039
 
All, This is a significant order. This is a new use for the Bio-ID side of the system that has word-wide applications. This should help the bottom line greatly. If David was right about Detroit adding a few cents to the bottom line, this should do the same. Very significant! Also, it has numbers, shows someone is listening.



To: Ed Flynn who wrote (10274)9/11/1998 9:18:00 AM
From: Rob C.  Read Replies (3) | Respond to of 26039
 
The whole story...

SUNNYVALE, Calif.--(BUSINESS WIRE)--Sept. 11, 1998--Identix Inc.
(ASE:IDX.A), a leader worldwide in live-scan systems and biometric
identity verification systems, Friday announced the receipt of an
order from the California Youth Authority (CYA) for approximately
70 Identix Bio-Sentinel(TM) Systems, a comprehensive staff-tracking
system based on the TouchLock II(TM) single-finger fingerprint
verification device and FingerLan III(TM) network operating system
software.
The order is valued at about $850,000. Installation of the
systems has begun at 11 CYA facilities throughout California.
According to the announcement by Identix Chairman, President
and Chief Executive Officer Randall C. Fowler, the Bio-Sentinel
System electronically monitors the movement of authorized
individuals, including CYA staff and volunteers, into and out
of the secured facilities.
A precise record is maintained when a person enters the secured
zone. An expected time for departure is established and actual
departure is recorded. Bio-Sentinel also provides a means for
creating employee and visitor ID badges with a digital color
photograph and bar code identification number to simplify system
access.
CYA Project Manager Bill Goff commented: "Recent events have
demonstrated the need in our institutions for a system to enhance
the safety and security of staff, volunteers or other authorized
visitors. Each of our designated entry/exit portal terminals will
contain a TouchLock II fingerprint scanner to biometrically verify
the identity of all personnel seeking entry or exit, along with the
times of that entry to, or exit from, the institution.
"At any time our security staff may obtain a printout to
determine who is in the secured area, as well as account for
those who have not left the secure zone when expected."
Fowler concluded: "This contract is another example of the
broad application of our products, and demonstrates the adaptability
of our leading biometric technology. The Bio-Sentinel System will
greatly enhance the safety and security of authorized entrants to
the institutions by constantly monitoring who has entered and exited
the CYA institutions.
"Security staff will be able to instantly retrieve information
on who has entered, who has entered and exited, or who has entered
and not yet exited on the expected departure time, preventing an
individual from remaining on the grounds past a previously scheduled
time."
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, competition,
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. 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.

--30--JP/np* JS/np

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

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED
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