Stocks and Investing Stocks and Investing
Wed, January 21, 2009
Tue, January 20, 2009
Mon, January 19, 2009
Fri, January 16, 2009
Thu, January 15, 2009
Wed, January 14, 2009

L-1 Identity Solutions Provides Software and Services to Paraguay Department of Identification for New National ID Card and Pas


Published on 2009-01-14 13:10:41, Last Modified on 2009-01-14 13:12:04 - Market Wire
  Print publication without navigation


STAMFORD, Conn.--([ BUSINESS WIRE ])--L-1 Identity Solutions, Inc. (NYSE: ID), a leading provider of identity solutions and services, was awarded a $5.4 million contract to provide software, services and credential supplies for Paraguay's new national identification card and passport system. The contract was awarded through L-1's Biometrics Division and includes solutions from the L-1 Secure Credentialing Division.

Paraguay is establishing a new and more reliable system of personal identification, including the addition of fingerprints into identification records, to reduce instances of identity related crime and corruption. The system is expected to virtually eliminate duplicate cards and the issuance of fraudulent cards based on multiple or stolen identities, consequently dramatically reducing frauds, such as voter registration scams.

As part of the new system, L-1 is helping digitize historical ID files so that records can be shared more easily between the Motor Vehicles Registry, the Judiciary Court Records Registry and the Department of Identification of Persons Registry. L-1 also will provide TP4100 Live Scan devices for electronic fingerprint capture. L-1 solutions are based on the latest security technologies and will be utilized to produce more secure and tamper-proof credentials, including the Paraguayan ID card used for travel between bordering countries and the Paraguay passport used for travel to other countries.

Four enrollment centers, including one that also serves as a central production facility, will be opened across the country by L-1 and operated by the Paraguayan government. The centers will enable citizens to apply for new and as-needed replacements cards and passports produced using L-1's secure credentialing solutions. The L-1 technology will be deployed and centers are expected to be operational in the second quarter of 2009. L-1 will provide additional support for the programs through 2010.

"The ability to know for certain that a person is who he or she claims to be and that the ID card presented as proof of that identity is valid is paramount to the safety of every individual," said Robert V. LaPenta, Chairman, President and CEO of L-1 Identity Solutions. "We applaud the efforts of the Paraguayan government in working proactively to incorporate advanced security technologies into their ID programs to reduce the occurrence of identity-related fraud. We look forward to working with Paraguay on this important program."

The Biometrics Division of L-1 develops solutions that capture, manage and move biometric data for positive, rapid ID and tracking of persons of interest. The Secure Credentialing Division offers complete systems integration and solutions for the entire secure credential lifecycle, from testing through issuance and inspection. L-1 solutions are used in 29 countries for various citizen credentialing programs including voter registration, passports, National ID and others, as well as for producing the U.S. passport, U.S. Passport Card and Border Crossing Card. More than 30 million secure credentials are estimated to be produced annually with L-1 solutions.

About L-1 Identity Solutions

L-1 Identity Solutions, Inc. (NYSE: ID), together with its portfolio of companies, offers a comprehensive set of products and solutions for protecting and securing personal identities and assets. Leveraging the industry's most advanced multi-modal biometric platform for finger, face and iris recognition, our solutions provide a circle of trust around all aspects of an identity and the credentials assigned to it -- including proofing, enrollment, issuance, usage and access control. Our convenient and secure fingerprinting service centers process civilian enrollment and credentialing for U.S. and Canadian government-licensed jobs and we offer a diverse set of government security consulting services that encompass the most important areas of security and intelligence in the U.S. today. With the trust and confidence in individual identities provided by L-1 Identity Solutions, government entities, law enforcement and border management agencies, and commercial enterprises can better guard the public against global terrorism, crime and identity theft fostered by fraudulent identity. L-1 Identity Solutions is headquartered in Stamford, CT. For more information, visit [ www.L1ID.com ].

Forward Looking Statements

This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements in this press release and those made from time to time by L-1 Identity Solutions 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 based on management's beliefs and assumptions and information currently available. 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, regional economic and political conditions, availability of funding for the identified system and L-1's products and solutions, and the unpredictable nature of working with U.S. and foreign government customers Additional risks and uncertainties are described in the Securities and Exchange Commission filings of L-1 Identity Solutions, Inc., including its Form 10-K for the year ended December 31, 2007 and its Form 10-Q for the quarterly period ended September 30, 2008. L-1 Identity Solutions expressly disclaims any intention or obligation to update any forward-looking statements.

ID-L

Contributing Sources