Viisage IBT Division Extends Hazardous Fingerprinting Capabilities to Illinois Department of Motor Vehicles (DMV) Commercial Ha
July 10 2006 - 7:00AM
Business Wire
Proprietary electronic fingerprint technology and background
screening solutions provider Integrated Biometric Technology (IBT),
a division of Viisage Technology, Inc. (NASDAQ: VISG) today
announced that the Illinois Department of Motor Vehicles has chosen
IBT as the state's sole source provider for the HazMat program.
Illinois will now participate in the Transportation Security
Administration's (TSA) HAZPRINT contract awarded to IBT at the end
of 2004. The program calls for the collection and management of
fingerprint and demographic data of commercial drivers license
(CDL) holders who wish to transport hazardous materials. IBT
believes that Illinois is one of the top ten states in the nation
in terms of the number of individuals holding a hazardous materials
endorsement (HME), with 105,000 HME authorizations among their
465,000 commercial drivers today. Overall the contract potential
for Illinois is approximately 10 million dollars over a multiple
year period, with no minimum guaranty. As the TSA agent to state
DMVs for the HAZPRINT program, IBT currently has greater than 75
percent of all state HME contracts, with Illinois marking the 35th
U.S. state/ district to participate. "IBT technology represents a
quick, efficient and highly secure method for us to process HME
applications and offers a high degree of benefit directly to our
commercial drivers," said Terry Montalbano, CDL Administrator of
the Illinois Secretary of State. "The IBT service model and ability
to support drivers throughout the entire process, from enrollment,
to tracking, to renewal, is invaluable to our state and to the
ability for our hazardous materials drivers to focus on making a
living and leaving federal compliance up to us." To date, the IBT
HAZPRINT program has processed credentials for over 193,053 drivers
within the 34 entities (33 states and the District of Columbia)
between February 2005 and June 2006. The IBT overall service model
and ability to meet federal deadlines are believed to be key
determining factors that led Illinois to select IBT as their vendor
for the HAZPRINT Program. "We are glad to see Illinois join 34
other states/districts in adopting the IBT integrated program for
credentialing commercial drivers wishing to transport hazardous
materials," said Dave Barefoot, chief operating officer and senior
vice president of the American Trucking Associations. "A
centralized and coordinated nationwide program for the automated
collection and transmission of fingerprint data is the best
solution for our members as it provides not only lower cost of
issuance, but enhanced security as well as increased convenience.
Ideally we would like to eventually see all 50 states participating
in this initiative. Furthermore, we believe that moving forward
this program should be consolidated with TWIC as drivers and port
workers would benefit from the economy of scale of a single
provider which allows for streamlined application processes,
reduced fees and enhanced quality of services." IBT HAZPRINT Offers
Faster, More Efficient and Thorough HazMat Endorsements The
HAZPRINT contract establishes a nationwide program for the
collection and transmission of fingerprint data of CDL candidates
seeking, renewing or transferring a HazMat endorsement. The
fingerprint data is used by the TSA to conduct background screening
against potential HME holders as part of the security requirements
associated with the Patriot Act. Traditional "ink and paper"
fingerprint systems require four to five months from application to
issue. With the IBT automated system, drivers can be processed and
issued an HME in just four weeks. In addition, the ability for IBT
to track HME holders from beginning to end ensures that no one gets
lost in the system and reduces potential security risks. "Illinois
is pivotal for us given the sheer number of HME drivers in that
state," said Charles Carroll, CEO of IBT. "A fully automated and
secure system is something that driver's need, not only to secure
HazMat endorsements faster, but also meeting the bottom line in
helping get them out on the road faster and doing their job more
safely." Identity Solutions Leaders, Viisage and Identix Provide
Added Value IBT believes that the combination of IBT and Viisage,
as well as Viisage's pending merger with Identix Incorporated
(NASDAQ: IDNX) were important factors in securing the contract win
with Illinois. Today Viisage provides drivers license production
capabilities to the state and Identix is contracted to provide
other applicant fingerprinting as Illinois participates in the
Civil ID and Secure ID programs. Following the anticipated closing
of the pending merger of Viisage and Identix, IBT and Identix
Identification Services, LLC (a wholly owned subsidiary of Identix)
are expected to establish a national network of over 360
registration sites intended to help position IBT for future state
wins and programs such as the Transportation Worker Identification
Credential (TWIC). About Integrated Biometric Technology
Headquartered in Nashville, Tennessee, Integrated Biometric
Technology, formerly Fingerprinting Services LLC, provides
electronic fingerprint products and service to the applicant
fingerprint industry. Customers include state, US Federal
Government agencies, as well as major banking and financial
institutions. IBT was acquired by Viisage (NASDQ: VISG) in 2005.
Visit us on the Web at www.integratedbiometric.com. About Viisage
Technology, Inc. Viisage delivers advanced technology identity
solutions for governments, law enforcement agencies and businesses
concerned with enhancing security, reducing identity theft, and
protecting personal privacy. Viisage solutions include secure
credentials such as passports and drivers' licenses, biometric
technologies for uniquely linking individuals to those credentials,
and credential authentication technologies to ensure the documents
are valid before individuals are allowed to cross borders, gain
access to finances, or be granted other privileges. With more than
3,000 installations worldwide, Viisage's identity solutions stand
out as a result of the company's industry-leading technology and
unique understanding of customer needs. Viisage's product suite
includes IdentityTOOLS(TM) SDK, Viisage PROOF(TM), FaceEXPLORER(R),
iA-thenticate(R), ID-GUARD(R), BorderGuard(R), PIER(TM), HIIDE(TM),
AutoTest(TM), FacePASS(TM) and FaceFINDER(R). Forward Looking
Statements This news release contains forward-looking statements
that involve risks and uncertainties. Forward-looking statements in
this document and those made from time to time by Viisage through
its senior management are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements reflect the Company's current
views with respect to the future events or financial performance
discussed in this release, based on management's beliefs and
assumptions and information currently available. When used, the
words "believe", "anticipate", "estimate", "project", "should",
"expect", "plan", "assume" and similar expressions that do not
relate solely to historical matters identify forward-looking
statements. 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, the size and timing of contract awards, performance on
contracts, performance of acquired companies, availability and cost
of key components, unanticipated results from audits of the
financial results of the Company and acquired companies, changing
interpretations of generally accepted accounting principles,
outcomes of government reviews, developments with respect to
litigation to which we are a party, potential fluctuations in
quarterly results, dependence on large contracts and a limited
number of customers, lengthy sales and implementation cycles,
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, general economic and political
conditions and other factors affecting spending by customers, and
the unpredictable nature of working with government agencies. In
addition, such risks and uncertainties include, among others, the
following risks: that the merger with Identix will not close, that
the regulatory or shareholder approval will not be obtained, that
the closing will be delayed, that customers and partners will not
react favorably to the merger, integration risks, the risk that the
combined companies may be unable to achieve cost-cutting synergies,
and other risks described in Viisage's and Identix' Securities and
Exchange Commission filings, including the Registration Statement
on Form S-4 filed with the SEC in connection with the transaction,
Viisage's Annual Report on Form 10-K for the year ended December
31, 2005 and its Quarterly Report on Form 10-Q for the quarter
ended March 31, 2006 under the captions "Risk Factors" and
"Management's Discussion and Analysis of Financial Condition and
Results of Operations," and Identix' Annual Report on Form 10-K for
the year ended June 30, 2005 and its Quarterly Reports on Form 10-Q
for the quarters ended September 30, 2005, December 31, 2005 and
March 31, 2006 under the captions "Risk Factors" and "Management's
Discussion and Analysis of Financial Condition and Results of
Operations." Viisage expressly disclaims any obligation to update
any forward-looking statements Additional Information and Where to
Find It Investors and security holders of both Viisage and Identix
are advised to read the joint proxy statement/prospectus regarding
the business combination transaction referred to in the material
below, when it becomes available, because it will contain important
information. Viisage and Identix expect to mail a joint proxy
statement/prospectus about the transaction to their respective
stockholders. This joint proxy statement/prospectus will be filed
with the Securities and Exchange Commission by both companies.
Investors and security holders may obtain a free copy of the joint
proxy statement/prospectus and other documents filed by the
companies at the Securities and Exchange Commission's web site at
http://www.sec.gov. The joint proxy statement/prospectus and such
other documents may also be obtained from Identix or Viisage by
directing such requests to the companies. Participants In
Solicitation Viisage, Identix and their respective directors and
executive officers and other members of management and employees
may be deemed to be participants in the solicitation of proxies in
respect of the merger. Information concerning Viisage's
participants is set forth in the proxy statement dated, November
21, 2005, for Viisage's special meeting of shareholders held on
December 16, 2005 as filed with the SEC on Schedule 14A.
Information concerning Identix' participants is set forth in the
proxy statement, dated October 6, 2005, for Identix' 2005 annual
meeting of shareholders as filed with the SEC on Schedule 14A.
Additional information regarding the interests of participants of
Viisage and Identix in the solicitation of proxies in respect of
the merger will be included in the registration statement and joint
proxy statement/prospectus to be filed with the SEC.
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