12.04.2005 12:21:00

Identix Experiences Growth in Adoption and Deployment of ABIS Facial R

Identix Experiences Growth in Adoption and Deployment of ABIS Facial Recognition Knowledge Discovery Platform and Search Engines; New Fiscal Third Quarter ABIS System Orders Total Approximately $4 Million


    Business Editors/High-Tech Editors

    MINNETONKA, Minn.--(BUSINESS WIRE)--April 12, 2005--Identix Incorporated (Nasdaq:IDNX), the world's leading multi-biometrics technology company, announced today that adoption and deployment of its ABIS(R) System, a multi-biometric knowledge discovery search engine platform, increased as the Company anticipated over the course of its fiscal third quarter ending March 31, 2005. According to Identix President & CEO, Dr. Joseph J. Atick, during its fiscal 2005 third quarter, the Company received previously unannounced purchase orders totaling approximately $4 million for ABIS-based programs. Identix expects to recognize revenue from these programs in its fiscal 2005 third quarter through its fiscal 2006 second quarter, which ends December 31, 2005. These programs involve international customers who will be using the ABIS system to develop integrated solutions for nationwide applications such as passenger screening, border protection, law enforcement, national ID, e-passports and other travel- and access-related programs. The identity and location of the customers and programs cannot be disclosed because of confidentiality purposes at the customers' request.
    Identix' ABIS system provides a biometric knowledge discovery platform and search engines that enables users to harness the powerful identification and security tools encompassed in the unique physical characteristics of each individual that are inherent in biometrics. The ABIS system integrates Identix' proprietary facial recognition and skin biometric technology in an open and modular architecture, providing heightened accuracy and scalability up to 100 million images, ensuring easy system expansion for users as needs grow and lowering future risk. As is the case with the international programs announced today, Identix' ABIS system can be integrated into a specific country's program to provide heightened nationwide security tools, including the ability to rapidly search live captured facial images against designated watch-lists and other existing and/or newly created facial image databases.
    "The ABIS system orders received in our fiscal third quarter provide an excellent example of ABIS' growth potential. As outlined on our January 2005 conference call, we believe that our software-based offerings have the potential to play an ever increasing role in contributing to our revenue streams," Atick said. "A growing number of databases - particularly facial image databases - totaling hundreds of millions of biometric images exist across the world today. We believe that the ability to quickly glean useful information from these databases is more and more becoming a critical aspect of security and benefits programs worldwide. Additionally," Atick continued, "the ability of our ABIS system to create new easily accessible biometric databases and to access information from large-scale biometric databases with rapid and highly accurate knowledge discovery capabilities has positioned Identix well to provide our biometric systems and components for the many country-wide programs under consideration throughout the world."

    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' leading FaceIt technology, which combines traditional facial geometry and skin biometric techniques for maximum accuracy. 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, FaceIt and ABIS 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 release 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 ability of Identix to complete complex product development and obtain relevant government agency certifications on a timely basis; the availability of funding from government and other customers; and the readiness of customers to accept delivery of new products on a timely basis; the ability of the Company to achieve targeted levels of product and component mix; 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.

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CONTACT: Identix Incorporated, Minnetonka Media Contacts: Frances Zelazny, 201-332-9213 frances.zelazny@identix.com or Meir Kahtan, 212-699-6065 mkahtan@rcn.com or Investor Contact: Damon Wright, 952-979-8485 damon.wright@identix.com

KEYWORD: MINNESOTA INDUSTRY KEYWORD: HARDWARE SOFTWARE LEGAL/LAW GOVERNMENT TRANSPORTATION PRODUCT SOURCE: Identix Incorporated

Copyright Business Wire 2005

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