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Identix Receives Follow-Up Orders From U.S. Department of State for ABIS Facial Recognition Knowledge Discovery System and Related Biometric Technology; Orders Valued at Approximately $4,000,000

Posted on: Monday, 14 November 2005, 12:00 CST

Identix Incorporated (Nasdaq:IDNX) announced today that it has received orders valued at approximately $4 million from the U.S. Department of State (DoS) to supply and integrate additional biometric knowledge discovery engines (ABIS(TM)) into DoS' recently launched visa processing programs. These orders, which include the exercise of the first option year of the initial contract to Identix, are part of DoS's mandate to augment its automated fraud-detection assistance capabilities through the use of facial recognition to screen for duplicates, aliases and for faces on a watch list prior to issuance of a visa. With more than 45 million facial images enrolled to-date, it is believed that DoS is currently operating the world's largest facial recognition identity management program. In September 2004, Identix was selected after a competitive bidding process and detailed technical evaluation as the sole recipient of the DoS's Facial Recognition System and Integration Support contract. Identix expects to recognize the majority of the revenue from these orders over the next 12 months.

In the first six months of the original terms of the contract, Identix deployed three fully operational systems in support of the Visa Office, including an ABIS system with more than 40 million enrolled images and the e-Diversity Visa system. Within the first few weeks of operation of the e-Diversity Visa system, DOS credited Identix' ABIS with helping to identify more than 5,000 individuals attempting to enter the U.S. under fraudulent conditions.

"These additional orders from DoS represent a solid stamp of approval from the operators of the largest facial recognition system in the world - with over 45 million images enrolled - and underscore the confidence and success DoS continues to experienced with the Identix ABIS-based identity management system," said Identix President & CEO Dr. Joseph J. Atick. "The DoS visa program also continues to provide an excellent example of the overall power of facial recognition for identity management programs worldwide.

"We believe these follow-on orders are representative of the type of recurring business Identix can hope to expect from large-scale identity management contracts," Atick said. "Identity management programs are based on information and the collection of ever increasing amounts of data. The databases are constantly growing, requiring additional enrollment and storage capacity, as well as increased searching speed and functionality. We continue to believe that this is an excellent business model for Identix. We are extremely proud to provide leading-edge technology to DoS to help secure our Nation and look forward to the opportunity to meet their future biometrics requirements."

About Identix' ABIS System

The ABIS System is Identix' advanced multi-biometric data-mining and search system, designed for end-users and integrators developing large-scale, one-to-many systems, with specific applicability to ID programs such as National ID, Passport and Visa issuance, DMVs, large-scale enterprise employee ID issuance and verification, and other large-scale National security programs. It uses Identix' state-of-the-art FaceIt(R) technology, which combines traditional facial geometry and skin biometric techniques for maximum accuracy and also has the capacity to handle other biometrics as well, including fingerprint. The open, modular architecture design provides features that are required in an enterprise environment: robust performance, reduced development and implementation costs, lower future risk for users, exceptional scalability up to 100 million records and built-in fault tolerance and manageability.

Identix, ABIS and FaceIt are trademarks or registered trademarks of Identix Incorporated in the United States and other countries.

About Identix Incorporated

Identix Incorporated (Nasdaq:IDNX) is the world's leading multi-biometric technology company. Identix provides fingerprint, facial and skin biometric technologies, as well as systems, and critical system components that empower the identification of individuals in large-scale ID and ID management programs. The Company's offerings include live scan systems and services for biometric data capture, mobile systems for on-the-spot ID, and backend standards-based modules and software components for biometric matching and data mining. Identix products are used to conduct background checks, speed travel and commerce via secure identification documents, prevent identity fraud in large-scale government and civil ID programs, and control access to secure areas and networks. With a global network of partners, such as leading system integrators, defense prime contractors and OEMs, Identix serves a broad range of markets including government, law enforcement, gaming, finance, travel, transportation, corporate enterprise and healthcare.

More information on Identix can be accessed via the Company web site at http://www.identix.com.

Statements in this press release and that relate to future plans, events or performance are forward-looking statements reflecting management's current expectations, assumptions and estimates of future performance and economic conditions. All forward-looking statements are made in reliance on the safe harbor provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. Identix cautions investors that forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied in such statements. Risks and uncertainties include, without limitation, those related to: the availability of funding from government and other customers; the readiness of customers to accept delivery and integration of software and hardware components on a timely basis; the ability of the Company to achieve targeted levels of software and hardware revenue mixes; increasing levels of competition; and other risks identified in the Company's SEC filings. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Source: Business Wire

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