Viisage Awarded More Than $2.3 Million in Contracts to Improve the Accuracy and Security of State Driver's License Processes; I
28 Juin 2006 - 1:12PM
Business Wire
Viisage (Nasdaq: VISG), a leading provider of advanced technology
identity solutions, today announced that six state driver service
agencies have selected the Viisage AutoTest(TM) solutions to
improve the accuracy and security of applicant testing, identity
proofing, ID issuance and customer service in the driver's
licensing process. The added safety measures in these processes are
expected to help move the states toward compliance with the REAL ID
Act, which aims to create standards for security among the states
driver's licenses. The contract awards follow the December 2005
acquisition of the AutoTest Division of Openshaw Media Group by
Viisage. The six contracts total more than $2.3 million. The
selection of Viisage's solutions demonstrates the growing state
level demand to provide better service to U.S. citizens through
greater convenience in accessing state driver's licensing services,
advanced identity vetting in the proofing process, and increased
security in the issuance process. "These wins validate the superior
quality of the products we offer and underscore our ability to
provide value to our customers at all levels," said Bernard Bailey,
president and CEO of Viisage. "We acquired AutoTest because we
recognized the potential it offered the market - the ability for
states to use the solution to streamline their driver's license
application process, while enhancing security and convenience for
their customers and meeting federal compliance mandates." The
contracts recently awarded to Viisage include key wins from the
following major U.S. states: -- Alabama, Mississippi, and Nebraska
driver services agencies are utilizing the Viisage portable testing
solutions to turn sites outside the departments into secure testing
facilities for driver's license applicants. Applicants may take
their driver's knowledge test on portable computers that are
connected wirelessly to the state's central database, transmitting
data to and from the database in real-time. This increased
flexibility in the testing process ensures a high level of security
from fraud, abuse, and cheating, while enabling the departments to
decrease crowds and lines in the departments' licensing offices. --
Kentucky and Colorado are expanding their installations of the
Viisage secure knowledge testing solutions based on the use and
success of their existing AutoTest solutions. -- Arkansas State
Police is implementing the Viisage AutoTest fixed base solution for
their driver testing and driver's licensing process. "We are
delighted to offer our citizens a more convenient and efficient
testing solution using AutoTest," said Major Roscoe Howell of the
Alabama Department of Public Safety, Driver License Division.
"Security is a top concern in the drivers licensing process, and
this solution enables us to provide both the highest levels of
security in testing and enhanced customer service through more
local testing sites." AutoTest is a flexible, Web-based testing
solution that delivers and administers randomized identity and
domain knowledge tests. The knowledge testing software
automatically randomizes questions, ensuring that no two applicants
receive the same test. Further, the software automatically scores
tests, saving time and money, while reducing human error that may
occur in manually scored tests. This addition to the Viisage
identity solution platform further enhances the company's
end-to-end solution offerings particularly in the areas of identity
proofing prior to issuing a secure credential. Applicant testing
and identity verification has become increasingly important under
the REAL ID Act as the driver's license has become a critical
identity document for many organizations. About Viisage Viisage
(NASDAQ: VISG) delivers advanced technology identity solutions for
governments, law enforcement agencies and businesses concerned with
enhancing security, reducing identity theft, and protecting
personal privacy. Viisage solutions include secure credentials such
as passports and drivers' licenses, biometric technologies for
uniquely linking individuals to those credentials, and credential
authentication technologies to ensure the documents are valid
before individuals are allowed to cross borders, gain access to
finances, or be granted other privileges. With more than 3,000
installations worldwide, Viisage's identity solutions stand out as
a result of the company's industry-leading technology and unique
understanding of customer needs. Viisage's product suite includes
IdentityTOOLS(TM) SDK, Viisage PROOF(TM), FaceEXPLORER(R),
iA-thenticate(R), ID-GUARD(R), BorderGuard(R), PIER(TM), HIIDE(TM),
AutoTest(TM), FacePASS(TM) and FaceFINDER(R). This news release
contains forward-looking statements that involve risks and
uncertainties. Forward-looking statements in this document and
those made from time to time by Viisage 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 with
respect to the future events or financial performance discussed in
this release, based on management's beliefs and assumptions and
information currently available. When used, the words "believe",
"anticipate", "estimate", "project", "should", "expect", "plan",
"assume" and similar expressions that do not relate solely to
historical matters identify forward-looking statements.
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, the
size and timing of contract awards, performance on contracts,
performance of acquired companies, availability and cost of key
components, unanticipated results from audits of the financial
results of the Company and acquired companies, changing
interpretations of generally accepted accounting principles,
outcomes of government reviews, developments with respect to
litigation to which we are a party, potential fluctuations in
quarterly results, dependence on large contracts and a limited
number of customers, lengthy sales and implementation cycles,
market acceptance of new or enhanced products and services,
proprietary technology and changing competitive conditions, system
performance, management of growth, dependence on key personnel,
ability to obtain project financing, general economic and political
conditions and other factors affecting spending by customers, and
the unpredictable nature of working with government agencies. In
addition, such risks and uncertainties include, among others, the
following risks: that the merger with Identix will not close, that
the regulatory or shareholder approval will not be obtained, that
the closing will be delayed, that customers and partners will not
react favorably to the merger, integration risks, the risk that the
combined companies may be unable to achieve cost-cutting synergies,
and other risks described in Viisage's and Identix' Securities and
Exchange Commission filings, including the Registration Statement
on Form S-4 filed with the SEC in connection with the transaction,
Viisage's Annual Report on Form 10-K for the year ended December
31, 2005 and its Quarterly Report on Form 10-Q for the quarter
ended March 31, 2006 under the captions "Risk Factors" and
"Management's Discussion and Analysis of Financial Condition and
Results of Operations," and Identix' Annual Report on Form 10-K for
the year ended June 30, 2005 and its Quarterly Reports on Form 10-Q
for the quarters ended September 30, 2005, December 31, 2005 and
March 31, 2006 under the captions "Risk Factors" and "Management's
Discussion and Analysis of Financial Condition and Results of
Operations." Viisage expressly disclaims any obligation to update
any forward-looking statements.
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