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SFLK Saflink

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Share Name Share Symbol Market Type
Saflink NASDAQ:SFLK NASDAQ Common Stock
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Saflink Named Fifth Fastest Growing Pacific Northwest Technology Company in Deloitte's Fast 50 Program

24/10/2006 2:00pm

PR Newswire (US)


Saflink (NASDAQ:SFLK)
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Company Attributes Top Five Placement to Growing Biometric Security Market KIRKLAND, Wash., Oct. 24 /PRNewswire-FirstCall/ -- Saflink(R) Corporation (NASDAQ:SFLK), a leading provider of solutions that verify identity, secure access and increase productivity, was recently ranked 5th on Deloitte & Touche's prestigious Technology Fast 50 list for the Pacific Northwest. The Technology 50, which ranks the 50 fastest growing technology, media, telecommunications and life sciences companies in Washington, Oregon and Idaho, is compiled by Deloitte & Touche USA LLP, one of the nation's leading professional services organizations. Rankings are based on the percentage of revenue growth from 2001-2005. Saflink rose 14 positions in 2006, having placed 19th in 2005. "Saflink is dedicated to helping private and public sector organizations of all sizes improve logical and physical security through a variety of flexible and advanced biometric solutions," said Steve Oyer, CEO of Saflink. "Our inclusion on the Fast 50 list for three consecutive years reflects our ability to meet the increasing security needs of private businesses and government organizations." To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in North America, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues, or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. "Deloitte's Pacific Northwest Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Larry Hile, a Partner in Deloitte's Technology, Media & Telecommunications (TMT) industry practice based in Seattle. "We applaud the successes of Saflink and acknowledge it as one of the very few to accomplish such a fast growth rate through the past five years." Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit http://www.fast500.com/. About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein. Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP. About Saflink Saflink Corporation offers biometric security and smart card solutions that protect intellectual property, secure information and eliminate passwords. Saflink identity assurance management solutions allow administrators to verify the identity of users and control their access to computer networks, facilities and applications. Winner of seven awards in 2005, Saflink and its solutions have been recognized by organizations such as Frost & Sullivan and Software Magazine's Software 500. For more information, please visit http://www.saflink.com/ or call 800-762-9595. NOTE: "Saflink" is a registered trademark of Saflink Corporation. Saflink PRESS CONTACT: Sterling Communications Katie James (206) 388-5758 INVESTOR RELATIONS CONTACT: Investor Awareness, Inc. Tony Schor (847) 945-2222 DATASOURCE: Saflink Corporation CONTACT: PRESS: Katie James of Sterling Communications, +1-206-388-5758 or , or INVESTOR RELATIONS: Tony Schor of Investor Awareness, Inc., +1-847-945-2222 or , both for Saflink Web site: http://www.saflink.com/

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