Viisage (NASDAQ:VISG)
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Viisage (NASDAQ: VISG), a leading provider of advanced
technology identity solutions, today announced that the company will
host a conference call on Monday, May 15 at 5:00 pm EST to discuss the
2006 first quarter results. The call also will offer an update on the
status of the pending merger with Identix (NASDAQ: IDNX).
The dial-in number for the call is 800-510-9661, confirmation code
58604124. Internationally, please dial 617-614-3452, using the same
confirmation code. The call also will be available via live audio
webcast, found under the Conference Calls page of the Investors
section of the company's Web site www.viisage.com. To access the
webcast, please go to the company's Web site at least 10 minutes prior
to the start of the call and follow the directions. A replay of the
webcast will be available at Viisage's Web site beginning an hour
after completion of the call.
About Viisage
Viisage (NASDAQ: VISG) 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 granted other privileges. With over 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 FaceTOOLS(R) SDK,
Viisage PROOF(TM), FaceEXPLORER(R), Viisage iA-thenticate(R),
BorderGuard(R), PIER(TM), HIIDE(TM), AutoTest(TM), FacePASS(TM) and
FaceFINDER(R).
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, in particular, the
Company's ability to obtain a timely review of its financial results,
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 to be filed with the SEC in
connection with the transaction, Viisage's Annual Report on Form 10-K
for the year ended December 31, 2005 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 and December 31, 2005 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.