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Bob LaPenta Purchases 400,000 Shares Of Identix Common Stock.


STAMFORD Stamford, town, England
Stamford, town (1991 pop. 18,127), in the Parts of Kesteven, Lincolnshire, E central England, on the Welland River. It is a market town. Products include diesel engines, electrical equipment, bricks, and tiles.
, Conn. -- Mr. Robert V. LaPenta, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of L-1 Investment Partners, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 and Chairman of Board of Viisage (Nasdaq: VISG VISG Visually Impaired Support Group ), purchased 400,000 shares of Identix (Nasdaq: IDNX IDNX Integrated Digital Network Exchange
IDNX Integrated Data Network Exchange
) common stock on June 13 and June 14, 2006 in open market transactions. Combined with earlier purchases totaling 600,000 shares, Mr. LaPenta now holds one million shares of Identix common stock. Mr. LaPenta, who will become chairman and CEO of the combined company following the merger between Viisage and Identix, reaffirmed his commitment to the ongoing transaction which is scheduled to close early in the third quarter of 2006.

L-1 Investment Partners is a private investment management firm founded by Bob LaPenta in June 2005. The company acquires, or makes significant investments in, well-positioned public and private companies to build them into industry leaders through collaborative development and aggressive growth strategies. Mr. LaPenta has more than 30 years of executive management experience, completing more than 60 successful acquisitions.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 14, 2006
Words:159
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