Intelli-Check's ID-CHECK Technology Becoming Key Component of Access-Control at High-Profile Facilities.WOODBURY, N.Y. -- Intelli-Check, Inc. (AMEX AMEX See: American Stock Exchange :IDN (Internationalized Domain Name) A .com or .net domain name that is represented in non-English characters and symbols, with .com and .net appended at the end in English letters. ), a leader in advanced identification-document-verification systems, today announced that the company's propriety ID-CHECK(R) technology is being used by high-profile entities across the nation -- from the U.S. Supreme Court and the Department of Defense to the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. and the Port Authority of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- as part of a comprehensive effort to help safeguard facilities and personnel. ID-CHECK instantly reads, analyzes, and verifies the encoded data in magnetic stripes and barcodes on driver licenses, military, and other government-issued IDs to determine if the content and format is valid. "Our technology is becoming a key component of many access-control programs at high-profile facilities across the nation, used to screen visitors as well as in the badging process for employees," said Frank Mandelbaum, chairman and chief executive officer of Intelli-Check. "For example, in the first deployment of Intelli-Check's enhanced network-capabilities, the U.S. Department of State's Bureau of Diplomatic Security Noun 1. Bureau of Diplomatic Security - the bureau in the State Department that is responsible for the security of diplomats and embassies overseas DS has purchased and plans to install the company's systems in a variety of the State Department's facilities for identity verification Noun 1. identity verification - the automatic identification of living individuals by using their physiological and behavioral characteristics; "negative identification can only be accomplished through biometric identification"; "if a pin or password is lost or . Driver licenses, typically presented as the primary government-issued photo ID, are also the most common form of breeder document. Since it is virtually impossible to distinguish a high-quality fake from a legally issued document using visual inspection alone - verifying the validity of the ID document is the critical first step in the identification process." Mr. Mandelbaum continued, "We believe our technology will help government agencies comply with the August 27, 2004, Homeland Security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States Presidential Directive, which outlines standards for issuing identification for federal employees and contractors, including verifying identity." About Intelli-Check, Inc. Intelli-Check, Inc. is the acknowledged leader in technology that assures the authenticity of driver licenses, state issued non-driver and military identification cards used as proof of identity. Our patented ID-CHECK technology instantly reads, analyzes, and verifies the encoded data in magnetic stripes and barcodes on government-issue IDs from approximately 60 jurisdictions in the U.S. and Canada to determine if the content and format is valid. Applications include: --security and access control to protect airports, government and commercial buildings, military installations, and other critical sites --identity theft, commercial and government fraud prevention to help stem the millions of dollars each year in losses from credit card, check-cashing, bank, insurance, healthcare and pharmacy fraud --age verification to protect bars and other retail establishments from the potential fines and penalties associated with selling age-restricted products to minors --productivity enhancement to eliminate inefficiencies and inaccuracies associated with manual data entry The company has been the national testing laboratory for the American Association of Motor Vehicle Administrators The American Association of Motor Vehicle Administrators (AAMVA) is a non-governmental, voluntary, tax-exempt, nonprofit educational association. AAMVA is a private corporation which strives to develop model programs in motor vehicle administration, police traffic services and (AAMVA AAMVA American Association of Motor Vehicle Administrators ) since 1999 and has access to all the currently encoded driver license formats. For more information, visit www.intellicheck.com. Intelli-Check 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. Statement Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, as amended. When used in this press release, words such as "will," "believe," "expect", "encouraged" and similar expressions, as they relate to the company or its management, as well as assumptions made by and information currently available to the company's management identify forward-looking statements. Our actual results may differ materially from the information presented here. There is no assurance that the use of ID-CHECK technology by our potential customers and partners, or government efforts to enhance security will lead to additional sales of ID-CHECK technology. Additional information concerning forward looking statements is contained under the heading of risk factors listed from time to time in the company's filings with the Securities and Exchange Commission. We do not assume any obligation to update the forward-looking information. |
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