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Microcap & Penny Stocks : FINGER/MATRIX (FINX) -- Ignore unavailable to you. Want to Upgrade?

To: Boyd Spencer who wrote (483)	5/14/1999 8:44:00 AM
From: Linda Kaplan	Respond to of 543

Thanks. I'll post it below. I wish I understood what was going on. I should call the company, I guess <sigh> Friday May 14, 7:00 am Eastern Time Company Press Release Fingermatrix Names New Officers in Reorganization ELMSFORD, N.Y.--(BUSINESS WIRE)--May 14, 1999--The reorganization of Fingermatrix Inc. (OTC BB: FINX) following its recent acquisition of three companies, now subsidiaries, was completed Friday with the filing of a Form 8-K with the Securities and Exchange Commission, naming the new officers of the integrated company. Lewis S. Schiller, who was elected chairman of the new board appointed last week, will also serve as chief executive officer and chief financial officer. Fred Zivitofsky is the new president of Fingermatrix and Grace Wnuk will serve as vice president and secretary. All three executives have been associated in The Trinity Group which last month exchanged three of its companies for 85 percent equity interest and management control of Fingermatrix. Until April 1998, Schiller was chairman of the board and chief executive officer of Consolidated Technologies Ltd., a public company (COTG), and held similar posts with its public and privately-owned subsidiaries. Zivitofsky has been with S-Tech Inc. since 1993, first as senior vice-president and chief operating officer and as president the past two years. S-Tech is one of the firms acquired by Fingermatrix, along with Sequential Electronics Corp. and FMX Corp. For more than five years prior to her resignation in April of last year, Wnuk served as secretary of Consolidated Technology Group and all of its subsidiaries. Fingermatrix pioneered the field of electronic fingerprinting 20 years ago and now holds both seven patents and an FBI certification of its ten-printer identification system, one of only four granted in the world. With the addition of similar advanced technologies recently developed by FMX Corp., Schiller said the company will now be able to attack the problems of positive identification created by the Internet. Facilities of the two companies will shortly be centralized to facilitate this and other joint development programs being planned, he added. Contact: Molesworth Associates Inc., Green Valley, Ariz. Gordon Molesworth, 520/625-0550