SAFLINK Wins Florida Port Security Contract Award.
BELLEVUE, Wash., May 25 /PRNewswire-FirstCall/ -- SAFLINK(R) Corporation , a leading developer, marketer, and integrator of security solutions, today announced that the State of Florida has given notice of its intent to award SAFLINK, and its partners, a contract for the Florida Seaport Gate Control System project to be installed at each of Florida's twelve deepwater seaports. If fully deployed under this intent to award, the aggregate revenue to SAFLINK could exceed a half million dollars.
Under the terms of the bid and award, up to 1,035 fixed physical access readers would be installed in the Florida deepwater port facilities. The Gate Control System would be used to manage physical access by way of access control fingerprint readers installed at gates at each facility. The SAFLINK devices would deliver significant flexibility and permit up to a seven layer security profile designed to manage access to restricted and secure areas within the port system. Florida evaluated SAFLINK, and its partners, as the highest scoring team among six vendor teams competing for the project.
Florida's specification was developed in concert with the US Department of Homeland Security Transportation Security Agency's (TSA) Transportation Workers Identification Credential (TWIC) Program. The TWIC Program provides the credential for the implementation of the Florida Uniform Port Access Credential (FUPAC).
"We are pleased with Florida's selection of our team's solution. We believe it validates the products and expertise SAFLINK supplied to the TSA on Phase III of the TWIC program -- at locations within and outside of Florida," said Glenn Argenbright, CEO of SAFLINK. "We expect to see additional TWIC-compliant procurements by states and local governmental bodies. We plan to pursue these opportunities aggressively."
SAFLINK Corporation offers biometric security and smart card solutions that protect intellectual property, secure information assets, and eliminate passwords. SAFLINK's Identity Assurance Management(TM) software solutions allow administrators to verify identity and control access to computer networks, physical facilities, applications, and time and attendance systems. Litronic, Inc., a wholly owned subsidiary of SAFLINK and global provider of secure identity management and information assurance products for the government and commercial markets, offers protection for popular applications such as e-mail, instant messaging, web transactions, and individual files. For more information, please visit http://www.saflink.com/ or call 800-762-9595.
NOTE: "SAFLINK" is a registered trademark of SAFLINK Corporation. "Identity Assurance Management" is a trademark of SAFLINK Corporation.
This release contains information about management's view of the company's future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors and are subject to certain assumptions, risks, uncertainties and changes in circumstances. The final award and contract from the State of Florida are subject to a number of contingencies, including, among others, a protest allowed under state law to challenge the intent to award, the resolution of the protest by another vendor in favor of SAFLINK, and negotiation and execution of a formal contract between the state and SAFLINK. Other issues that could affect the successful closing and implementation of the contract include the posting of bonds, satisfactory performance, and similar contingencies. Other risks and uncertainties include, but not limited to, risks and uncertainties associated with SAFLINK's financial condition, its ability to sell its products, its ability to compete with competitors and the growth of the security market, and in its Annual Report on Form 10-K, as well as other documents periodically filed with the Securities and Exchange Commission.
SAFLINK PRESS CONTACT: Sterling Communications Rachel Berry (253) 853-5030 email@example.com INVESTOR RELATIONS CONTACT MKR Group, LLC Todd Kehrli (818) 556-3700 firstname.lastname@example.org
CONTACT: press, Rachel Berry of Sterling Communications, +1-253-853-5030, or email@example.com; or investors, Todd Kehrli of MKR Group, LLC, +1-818-556-3700, or firstname.lastname@example.org, both for SAFLINK Corporation
Web site: http://www.saflink.com/
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|Date:||May 25, 2005|
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