Aug. 25, 2009 (Business Wire) -- L-1 Identity Solutions, Inc. (NYSE: ID), a leading provider of identity solutions and services, today announced that its iris recognition technology is being successfully used as part of the world’s largest iris-based identity management project in India. L-1’s state-of-the art SIRIS biometric matching engine is facilitating the de-duplication of records dispersed across multiple disparate databases and systems containing the iris codes of 56 million citizens. The program was awarded to L-1 through a regional partner on behalf of the State government of Andhra Pradesh.
“Our iris recognition algorithms and enabling technologies continue to power the largest and most complex identity-related applications around the world,” said Robert V. LaPenta, Chairman, President and CEO of L-1 Identity Solutions. “In developed and developing countries, L-1 technology is doing more than acting as a protective measure, it is an enabler. A biometric-based system provides a simple and universal method of granting access to government-issued goods and services, much of which is critical for everyday survival, particularly for those that live below the poverty line.”
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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