Central Bank of Costa Rica Deploys Identix Fingerprint Biometric Solutions to Enable Member Banks to More Securely Access Central Bank Databases.Business Editors/High-Tech Writers MINNETONKA, Minn.--(BUSINESS WIRE)--June 9, 2003 Identix Incorporated (Nasdaq:IDNX IDNX Integrated Digital Network Exchange IDNX Integrated Data Network Exchange ), the world's leading multi-biometric security technology company announced today that the Government-run Central Bank of Costa Rica The Central Bank of Costa Rica (Spanish: Banco Central de Costa Rica) is the central bank of Costa Rica. See also
in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. fingerprint readers to its network of member banks and has also purchased a BioLogon(R) server license to enable up to 1,000 users to enroll in the new security system. Central Bank spokesperson Mario Halabi said, "The information contained in our central databases is highly sensitive Adj. 1. highly sensitive - readily affected by various agents; "a highly sensitive explosive is easily exploded by a shock"; "a sensitive colloid is readily coagulated" and requires top of the line security solutions to protect against unauthorized access. Requiring authentication via Identix' fingerprint biometric security solutions gives us an added layer of security and a reassurance that we are doing everything we can to ensure that only those individuals authorized to access our databases are actually accessing them. Additionally, Identix provided us with a solution that was easy to implement and simple to rollout to our member banks and their employees." Identix President & 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. Dr. Joseph J. Atick commented, "We are seeing continuing interest by certain Central and South American countries List of American countries Nations:
Combined with an Identix BioTouch USB fingerprint reader, BioLogon enterprise solutions provide a highly scalable information technology security mechanism capable of protecting thousands of computers and integrating with complex network domain configurations. BioLogon client/server architecture An environment in which the application processing is divided between client workstations and servers. It implies the use of desktop computers interacting with servers in a network in contrast to processing everything in a large centralized mainframe. See client/server. extends and enhances the security infrastructure of an organization's current O/S, allowing an administrator to customize network security policies and enforce strong authentication methods. BioLogon's state-of-the-art fingerprint technology provides heightened network security while significantly eliminating help-desk calls related to lost or forgotten passwords. About Identix Incorporated Identix Incorporated (Nasdaq: IDNX) is the world's leading multi-biometric security technology Company. The Company's broad range of fingerprint and facial recognition Noun 1. facial recognition - biometric identification by scanning a person's face and matching it against a library of known faces; "they used face recognition to spot known terrorists" automatic face recognition, face recognition technology offerings empower the identification of individuals who wish to gain access to information or facilities, conduct transactions and obtain IDs. Additionally, the Company's products and solution offerings can help identify those who perpetrate per·pe·trate tr.v. per·pe·trat·ed, per·pe·trat·ing, per·pe·trates To be responsible for; commit: perpetrate a crime; perpetrate a practical joke. fraud and otherwise pose a threat to public safety. Identix' products serve a broad range of industries and market segments -- most notably, government and law enforcement, aviation, financial, healthcare and corporate enterprise. In addition, the Company's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Identix Public Sector, Inc. provides project management and facilities engineering The term "facilities engineering" evolved from "plant engineering" in the early 1990s as U.S. workplaces became more complex. Practitioners preferred this term because it more accurately reflected the multidisciplinary demands for specialized conditions in a wider variety of indoor services to the government sector. Note to Editors: Identix, BioTouch, and BioLogon are trademarks or registered trademarks of Identix Incorporated in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and other countries. More information on Identix can be accessed via the Company web site at http://www.identix.com. The statements in this release that relate to future plans, events or performance are forward-looking statements that reflect the Company's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance on the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. Identix cautions investors that any forward looking statements involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied in such forward looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with or arising out of or related to: availability of funding from government and commercial customers; integration of the two companies following the Company's merger with Visionics Corporation; development of the marketplace for biometrics solutions; demand for Identix' products and services; the ability of Identix' alliances to succeed and in particular, the ability of Identix to complete product development on a timely basis; increasing levels of competition; and other risks as identified in Identix' SEC filings. Identix disclaims any intention or obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events. |
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