To: Tom Allinder who wrote (9737 ) 5/6/1999 4:06:00 PM From: SgtPepper Respond to of 13776
Huge news for EISQ after the bell _______________________________________________________________ (BSNS WIRE) Electronic Identification Inc. - EI 2 - Teams Up With Hewlett-Packard Business Editors ALAMEDA, Calif.--(BUSINESS WIRE)--May 6, 1999--Electronic Identification, Inc., (EI 2) (OTC BB:EISQ), developer of a breakthrough electronic identification card technology coupled with an Intranet integration framework, today announced an agreement with Hewlett-Packard (NYSE:HWP) to deliver a complete electronic identification solution to the marketplace. This agreement follows a highly successful demonstration of the companies' joint technologies at Hewlett-Packard's world headquarters. In attendance were technical and management executives from both companies as well as a delegation of customers from the Middle East. Terry Kirby, EI 2 Chairman and CEO, stated, "Hewlett-Packard has proven leadership not only in server and network technology but in smart card systems integration as well. We view HP as the ideal partner to pursue our global opportunity and our customers appear to be equally enthusiastic." EI 2 expects an initial customer contract based upon the joint technology offering within sixty days. Engineering meetings between the companies are ongoing to assure a smooth customer delivery cycle. EI 2 develops and markets electronic identification issuing and authentication systems. It also provides an Intranet based framework for the issue of fraud and tamperproof ID cards via its flagship product line, the Electronic Personnel Identification and Control Systems (e-PICS). e-PICS allows for the rapid development of customer specific applications that include the integration of legacy systems. Information about EI 2 can be found at eisq.com . Hewlett-Packard Company is the leading global provider of computing, Internet and Intranet solutions, services, communications products and measurement solutions, all of which are recognized for excellence in quality and support. HP has 124,600 employees and had revenue of $47.1 billion in its 1998 fiscal year. Information about HP and its products can be found at hp.com . Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, competition, new products and technological changes, intellectual property rights and other risks. --30--CER/se* CONTACT: EI 2 Terry Kirby, (toll free) 877/713-1900