L-1 Identity Solutions Shipped $8.3 Million of HIIDETM and PIERTM Devices in the Second Quarter 2009

Mon Jul 13, 2009 3:53pm EDT
 
[-] Text [+]
Biometrics Division Meets Business Goals for the First Half of the Year


STAMFORD, Conn.--(Business Wire)--
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



Copyright Business Wire 2009

 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.   Slideshow 

Most Popular on Reuters

  • Articles
  • Video