Aug. 17, 2009 (Business Wire) -- L-1 Identity Solutions, Inc. (NYSE: ID), a leading provider of identity solutions and services, received new orders totaling $9.6 million for HIIDE and PIER mobile biometric recognition systems to be deployed in areas of conflict as part of existing customer agreements. Two thirds of the HIIDE order and all of the PIERs are expected to ship in the third quarter. The remaining HIIDEs will be shipped in Q4 2009. The order was received by the Biometrics Division of L-1.
“These orders continue to reinforce our position as a premier supplier of proven technology that is unmatched in the field and critical to our troops’ safety and the security of our nation,” said Robert V. LaPenta, Chairman, President and CEO of L-1 Identity Solutions.
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 10,000 devices fielded into areas of global conflict. It is also the most widely deployed multi-modal device with defense agencies. More than 4,500 PIER devices are in the field today, used for iris-based mobile biometric enrollment and identification.
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 June 30, 2009. L-1 Identity Solutions expressly disclaims any intention or obligation to update any forward-looking statements.
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