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STAMFORD, CT. - April 1, 2009 - L-1 Identity Solutions, Inc. (NYSE: ID), a leading provider of identity solutions and services, was awarded a contract by the Indiana Department of Administration to provide enrollment services and solutions for multiple state agencies across Indiana. The new contract awarded through the Enrollment Services division of L-1 is valued at approximately $13 million, based on a four-year contract with an initial two-year term and two one-year extensions. Costs will be shared by applicants and participating State agencies.
Indiana is opening a new state-wide fingerprinting network to enable all of its agencies to more rapidly and accurately process required background checks. This includes the Indiana Department of Children's Services, Secretary of State, Indiana Professional Licensing Agency and Bureau of Motor Vehicles, among others. Applicants, at the request of State agencies, can visit any of the approximately 60 new enrollment centers to be opened and operated by L-1 in cities throughout Indiana for enrollment and processing. The L-1 enrollment centers will use L-1 TP 4100 live scan devices for fingerprint capture. Indiana expects to fingerprint over 100,000 residents annually.
"This service gives us the ability to streamline the process for a more thorough background check for potential licensed job applicants and as a result all of our citizens will benefit," said Major Doug Shelton of the Indiana State Police. "Our state agencies now have another tool for ensuring they are making the right employment decisions and are getting more qualified applicants."
Robert V. LaPenta, Chairman, President and CEO of L-1 Identity Solutions added, "More and more states like Indiana are turning to L-1's enrollment services to provide a single, more efficient process that removes the burden of performing employment background checks from local police departments. We also have a proven track record of providing fast and accurate identity information to employers for more secure licensing and employment decisions. L-1 provides value across the board: for state licensing agencies, local law enforcement and residents."
L-1 solutions can be found in nearly every U.S. state, helping protect and secure personal identities and assets with tools that aid law enforcement, public safety and state-licensing agencies. The Enrollment Services Division of L-1 provides fingerprint-based background checks services that process applicant data required for federal and state licensed programs and jobs in the banking, finance, insurance, healthcare, legal, real estate, education and other industries. L-1 operates a network of 700 convenient and secure centers located across 46 U.S. states and in most Canadian provinces where prospective licensee and employee fingerprints are captured in a friendly, professional environment by a certified fingerprint technician. The prints are taken using state-of-the-art live scan equipment that captures fingerprints without the use of ink and submits them electronically. As a result, customers can receive criminal history results in days -- faster results means agencies and organizations get the identity information needed to make licensing and hiring decisions more quickly and accurately than ever before. More than six million people have been printed to date through L-1 enrollment services. For more information, or to locate an L-1 center, go to http://www.l1id.com/enrollment-services.
About L-1 Identity Solutions
L-1 Identity Solutions, Inc. (NYSE: ID) offers a comprehensive set of products and solutions for protecting and securing personal identities and assets. Leveraging the industry's most advanced multi-modal biometric platform for finger, face and iris recognition, our solutions provide a circle of trust around all aspects of an identity and the credentials assigned to it -- including proofing, enrollment, issuance, usage and access control. Our convenient and secure fingerprinting enrollment centers process civilian enrollment and credentialing for U.S. and Canadian government-licensed jobs and we offer a diverse set of government consulting services that encompass the most important areas of security and intelligence in the U.S. today. With the trust and confidence in individual identities provided by L-1 Identity Solutions, government entities, law enforcement and border management agencies, and commercial enterprises can better guard the public against global terrorism, crime and identity theft fostered by fraudulent identity. L-1 Identity Solutions 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 L-1 Identity Solutions, including its Form 10-K for the year ended December 31, 2008. L-1 Identity Solutions expressly disclaims any intention or obligation to update any forward-looking statements.
ID-ES
CONTACTS:
Doni Fordyce
L-1 Identity Solutions
203-504-1109
dfordyce@L1ID.com
Steve Lipin
Brunswick Group
212-333-3810