Viisage Technology Provides Face-Recognition Technology for Security At Raymond James Stadium.Business and Technology EditorsLITTLETON, Mass.--(BUSINESS WIRE)--Jan. 30, 2001 Technology Used by Multiple Law Enforcement Agencies A law enforcement agency (LEA) is a term used to describe any agency which enforces the law. This may be a local or state police, federal agencies such as the Federal Bureau of Investigation (FBI) or the Drug Enforcement Administration (DEA). to Identify Known Suspects and Deter Crime Viisage Technology, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : VISG VISG Visually Impaired Support Group ), a leader in enabling e-commerce through face-recognition biometrics technology and in providing digital identification systems and solutions, announced today that it provided a surveillance and face- recognition system to Graphco Technologies for use at both the Raymond James Stadium Tampa Bay Buccaneers • • [ in Tampa and in Ybor City, Florida. The system was in place from January 21 through January 28, 2001, to monitor potential criminal activities during the sporting events and related activities at the two locations. In cooperation with the Tampa Sports Authority Sports Authority is the USA's largest full line sporting goods retailer. The company is headquartered in Englewood, Colorado. It operates over 400 stores in 45 U.S. states under the Sports Authority name. Total sales for the fiscal year ending January 29 2005 were $2.44 billion. , Graphco Technologies (G-TEC) also partnered with Raytheon Company's (NYSE NYSE See: New York Stock Exchange : RTNA RTNA Ring Tone No Answer , RTNB RTNB Radio Television Nationale du Burundi (Africa) RTNB Return the Next Bit (computers) ) Linthicum, Maryland Linthicum is a census-designated place (CDP) and an unincorporated community in Anne Arundel County, Maryland, United States. The population was 7,539 at the 2000 census. It is the approximate location of Baltimore-Washington International Thurgood Marshall Airport (BWI). , office and VelTek International, Inc., to provide its FaceTrac(TM) facial recognition system A facial recognition system is a computer application for automatically identifying or verifying a person from a digital image or a video frame from a video source. One of the ways to do this is by comparing selected facial features from the image and a facial database. to the Tampa Police Department The Tampa Police Department provides crime prevention and public safety services for the city of Tampa, Florida. District System Uniformed officers are deployed on a four days on, four days off work cycle, with an average of twelve officers per squad District One and other federal, state and local law enforcement agencies. Viisage provided FaceFINDER(TM), its industry-leading face recognition surveillance technology. Viisage also provided the project with image acquisition and integration technology and services. Tom Colatosti, Viisage president 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. said, "Places where large crowds are present, such as sporting events, are tempting targets for all types of mischief, criminal behavior and larger threats. Using patented Viisage technology, G-TEC has introduced a new generation of tools for law enforcement officials to more effectively and non-intrusively provide for public safety. As an integral partner in the project, Viisage Technology provided G-TEC with the industry's leading and most robust face-recognition technology." Viisage Technology's FaceFINDER(TM) software drives the FaceTrac(TM) surveillance and identification process. Viisage's face-recognition technology is also deployed in the world's largest image database for surveillance and investigative applications. During the week of January 21, G-TEC deployed the FaceTrac(TM) system throughout the Raymond James Stadium to detect and identify individuals who are wanted or suspect, and may present a danger to the public. Using standard cameras to recognize human faces during entry to the sporting event, FaceTrac(TM) continuously compared faces in the incoming crowd to an extensive, customized database of known felons, terrorists and con artists provided by multiple local, state and federal agencies. A law enforcement task force of local, state and federal agency personnel monitored the system. Once individuals were matched with photo files in the database, officers of the joint task force, circulating throughout the complex, could be dispatched immediately to make possible arrests, quickly and discreetly. Colatosti added, "The successful performance of our face-recognition technology, in this, the most challenging of physical environments, opens a new era for widely deploying the technology to a myriad of existing and new applications that will improve personal security and convenience." G-TEC, headquartered in Newtown, PA, develops, manufactures, and markets secure database and secure communications systems worldwide. G-TEC combines information sharing See data conferencing. , biometric authentication, secure access, and secure data facility technologies to provide technical infrastructure and applications in support of public and private law enforcement, corporate security, manufacturing, and secure web-enabled virtual communities. G-TEC's Intrapol Analysis Center offers secure-access data storage, sharing, and secure virtual community systems to corporate and law enforcement entities at the local, regional, state, national and international levels. Graphco Technologies is located on the World Wide Web at www.graphcotech.com. Viisage Technology, Inc. (NASDAQ: VISG), Littleton, Massachusetts, is a world leader in biometric face-recognition technology and in digital identification solutions. Viisage's face-recognition technology is widely recognized as the most convenient, non-intrusive and cost-effective biometric available. Viisage's patented face-recognition technology, originally developed at MIT MIT - Massachusetts Institute of Technology , and its systems integration and software design capabilities, improve personal convenience, privacy and security while deterring identity theft and fraud. FaceEXPLORER(TM), Viisage's technology for image retrieval and analysis, is recognized for its leadership technology performance in real-time and large-database applications. FaceEXPLORER is deployed in the world's largest face-recognition application with a database of more than 6 million images enrolled and growing by 15,000 new images per day. The product family of face-recognition applications also includes: FaceNET(TM) for Internet and e-commerce security; FacePIN(TM) for point-of-sale transactions verification; FacePASS(TM) used for physical-access control; and FaceFINDER(TM) for surveillance and identification. Additionally, Viisage's systems annually deliver, through 1,500 U.S. locations in 13 states, more than 20 million high quality and high security digital identification documents for government agencies responsible for issuing drivers' licenses, social services cards and law enforcement credentials. This news release may contain forward-looking statements that involve risks and uncertainties. Forward-looking statements in this document and those made from time to time by the Company through its senior management are made pursuant to 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 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. Forward-looking statements concerning future plans or results are necessarily only estimates and actual results could differ materially from expectations. Certain factors that could cause or contribute to such differences include, among other things, potential fluctuations in quarterly results, the size and timing of award and performance on contracts, dependence on large contracts and a limited number of customers, lengthy sales and implementation cycles, changes in management estimates incident to accounting for contracts, availability and cost of key components, market acceptance of new or enhanced products and services, proprietary technology and changing competitive conditions, system performance, management of growth, dependence on key personnel, ability to obtain project financing Project financing A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis. , general economic and political conditions and other factors affecting spending by customers and other risks, uncertainties and factors including those described from time to time in the company's filings with the Securities and Exchange Commission, including without limitation, the company's Form 10K for the year ending December 31, 1999 and its quarterly reports on Form 10Q. |
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