Biometrics Division Meets Business Goals for the First Half of the
Year
L-1 Identity Solutions, Inc. (NYSE: ID), a leading provider of identity
solutions and services, announced that in the second quarter it shipped
$8.3 million in PIER and HIIDE biometric enrollment and recognition
devices for use in areas of conflict around the world. Of that, $2.7
million was from new purchase orders awarded in the quarter. The orders
were received by the Biometrics Division of L-1.
“I am pleased to report that the biometrics division has achieved its
business goals and objectives for the first half of the year and we
expect to see additional awards for multi-modal devices throughout the
remainder of 2009,” said Robert V. LaPenta, Chairman, President and CEO
of L-1 Identity Solutions. “Adoption of our handheld devices continues
to move at a steady and strong pace globally, underscoring that the
level of functionality of our solutions, and our ability to meet
customer demands anywhere, anytime, is unsurpassed in the identity
management industry.”
HIIDE is the world's first ruggedized tri-modal mobile biometric
enrollment and recognition device providing real-time identification
using iris, finger and face biometrics. First introduced in 2005, it is
the most pervasive device of its kind with over 9,000 devices fielded
into areas of global conflict. It is also the most widely deployed
multi-modal device with defense agencies. More than 4,000 PIER devices
are in the field today, used for mobile enrollment and identification
based on iris recognition.
About L-1 Identity Solutions
L-1 Identity Solutions, Inc. (NYSE: ID) protects and secures personal
identities and assets. Its divisions include Biometrics, Secure
Credentialing and Enterprise Access solutions, as well as Enrollment and
Government Consulting services. With the trust and confidence in
individual identities provided by L-1, international governments,
federal and state agencies, law enforcement and commercial businesses
can better guard the public against global terrorism, crime and identity
theft fostered by fraudulent identity. L-1 Identity Solutions has more
than 2,200 employees worldwide and is headquartered in Stamford, CT. For
more information, visit www.L1ID.com.
Forward Looking Statements
This news release contains forward-looking statements that involve risks
and uncertainties. Forward-looking statements in this press release and
those made from time to time by L-1 Identity Solutions through its
senior management are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. These forward-looking
statements reflect the Company's current views based on management's
beliefs and assumptions and information currently available.
Forward-looking statements concerning future plans or results are
necessarily only estimates, and actual results could differ materially
from expectations. Certain factors that could cause or contribute to
such differences include, among other things, availability of government
funding for L-1's products and solutions, the unpredictable nature of
working with federal, state and local government customers, and general
economic and political conditions. Additional risks and uncertainties
are described in the Securities and Exchange Commission filings of the
Company, including the Company’s Form 10-K for the year ended December
31, 2008 and the Company’s Form 10-Q for the quarter ended March 31,
2009. L-1 Identity Solutions expressly disclaims any intention or
obligation to update any forward-looking statements.
ID-V
L-1 Identity Solutions
Doni Fordyce, 203-504-1109
dfordyce@L1ID.com
