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L-1 Identity Solutions Awarded Research and Development Contract by Department of Homeland Security for Mobile Fingerprint Tech

^{Published on 2010-07-06 19:20:51 - Market Wire}
 

STAMFORD, Conn.--([ BUSINESS WIRE ])--L-1 Identity Solutions (NYSE:ID), a leading provider of identity solutions and services, was awarded a competitive contract by the Department of Homeland Security Science and Technology Directorate, Human Factors Division, to fund the development of next generation technology for use in mobile four finger slap image capture devices. The L-1 technology is unique and proprietary to the Company and will be used to develop new products with significantly reduced weight and size as compared to other mobile devices in the market today. The technology will ensure the devices can be easily used by individuals with varying levels of technical and physical ability and operate in a wide variety of areas regardless of existing infrastructure and environmental conditions. The innovation will serve to address the challenges facing all next generation fingerprint scanning devices.

"This award underscores the trust that DHS places in our technology and we look forward to working on this exciting and important development effort."

aL-1 continues to innovate in all of the modalities we support today to ensure that our solutions solve customer challenges today as well as those they may encounter in the future,a said Robert V. LaPenta, Chairman, President and CEO of L-1 Identity Solutions. aThis award underscores the trust that DHS places in our technology and we look forward to working on this exciting and important development effort.a

About L-1 Identity Solutions

L-1 Identity Solutions, Inc. (NYSE: ID) protects and secures personal identities and assets. Its divisions include Biometrics / Enterprise Access and Secure Credentialing solutions, as well as Enrollment and Government Consulting services. With the trust and confidence in individual identities provided by L-1, international governments, federal and state agencies, law enforcement and commercial businesses can better guard the public against global terrorism, crime and identity theft fostered by fraudulent identity. L-1 Identity Solutions has more than 2,200 employees worldwide and 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 are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and 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, the availability of government funding for L-1's products and solutions, the unpredictable nature of working with federal, state and local government customers, and general economic and political conditions. Additional risks and uncertainties are described in the Securities and Exchange Commission filings of L-1 Identity Solutions, including its Form 10-K for the year ended December 31, 2009 and the Companya™s Form 10-Q for the quarter ended March 31, 2010. L-1 Identity Solutions expressly disclaims any intention or obligation to update any forward-looking statements.

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