Intelli-Check Supplements Conference Call Transcript of August 11, 2005.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 it has supplemented the portion of its Web site containing the transcript from its August 11, 2005 teleconference to clarify and provide additional information with respect to a statement made by Frank Mandelbaum, chairman and chief executive officer, relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc its litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. entitled Intelli-Check, Inc. v. TriCom Card Technologies, Inc. The supplement as well as the memorandum opinion and order of the Court applicable thereto are available by visiting Intelli-Check's Web site under news at www.intellicheck.com. 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-issued 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 as well as for first responder first responder First response personnel Emergency medicine A person employed in the public sector–EMT, fire fighter, police, volunteer EMS–whose duties include provision of immediate medical care in the event of an emergency; FRs have basic emergency initiatives --identity theft, commercial and government fraud prevention to help stem the billions of dollars each year in losses from credit card, check-cashing, bank, insurance, healthcare, pharmacy and other economic frauds --age verification to protect bars and other retail establishments from the potential fines and penalties associated with selling age-restricted products to under-age purchasers --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, please 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 or curtail the sale of age-restricted products to underage buyers 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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