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STAMFORD, Conn., Oct 01, 2009 (BUSINESS WIRE) -- L-1 Identity Solutions, Inc. (NYSE: ID), a leading provider of identity solutions and services, received a new $6.2 million task order for HIIDE mobile biometric recognition devices to be deployed in areas of conflict as part of an existing customer agreement. Approximately half of the order is expected to ship in the fourth quarter with the remaining units expected to ship in the first half of 2010. The order was received by the Biometrics Division of L-1(R).
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.
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.
L-1 and HIIDE are trademarks or registered trademarks of L-1 Identity Solutions, Inc. in the United States and other jurisdictions.
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.
ID-V
SOURCE: L-1 Identity Solutions, Inc.
L-1 Identity Solutions
Doni Fordyce, 203-504-1109
dfordyce@L1ID.com
Copyright Business Wire 2009