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L-1 Identity Solutions Receives Contract Valued at $20 Million from a Middle Eastern Customer

Mon. October 13, 2008; Posted: 11:34 AM
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STAMFORD, Conn., Oct 13, 2008 /PRNewswire-FirstCall via COMTEX/ -- ID | Quote | Chart | News | PowerRating -- L-1 to Integrate HIIDE's in an End to End Border Security Application

L-1 Identity Solutions, Inc. (NYSE: ID), a leading provider of identity solutions and services, was awarded a contract valued at $20 million from a Middle Eastern customer. The contract includes more than 1,000 HIIDE devices along with other L-1 hardware, software, services, and a three year maintenance and support program. The name of the Middle Eastern customer is not disclosed for confidentiality reasons.

Initially L-1 will develop the software that will link and expand the customer's existing databases to enroll, manage and search using multimodal biometrics. Following the infrastructure development, the contract includes the deployment of more than 1,000 HIIDE devices throughout the country for mobile identity verification using finger, face, iris recognition technology, or a combination of all three. Software and services delivery will begin immediately and all devices are expected to ship within 20 months of the contract's execution.

"The HIIDE is the most widely deployed multimodal device within U.S. defense agencies and we are seeing rapid adoption of it among various international governments and markets," said Robert V. LaPenta, Chairman, President and CEO of L-1 Identity Solutions. "Our customers believe that the HIIDE is one of the most powerful devices they have in the field to help fight the global war on terror and address other border security and identification initiatives."

The HIIDE (Hand-Held Interagency Identity Detection Equipment) is a portable enrollment and recognition device and the world's first hand-held tri-biometric system that allows users to enroll and match via any of the three primary biometrics: iris, finger and face. The iris biometric matching capabilities are based on L-1's proprietary and highly accurate Daugman '08 algorithm. The intuitive user interface makes it easy to enter biographic data to create a comprehensive database on the enrolled subject. The HIIDE provides complete functionality while connected to a host PC or when operating in the field un-tethered. Highly ruggedized, it provides superior speed and accuracy of matching in even the harshest of operating conditions. Over 6,500 devices are fielded into areas of conflict around the world today.

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, the ability of L-1 to receive all orders included under the contract and maximize the potential value of the contract, continuing availability of customer funding for L-1's products and solutions, the unpredictable nature of, and the risks associated with, selling products and services into certain foreign markets, 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, 2007 and its Form 10-Q for each of the quarterly periods ended March 31, 2008 and June 30, 2008. L-1 Identity Solutions expressly disclaims any intention or obligation to update any forward-looking statements.

ID-L

CONTACTS:

Doni Fordyce L-1 Identity Solutions 203-504-1109 dfordyce@L1ID.com Steve Lipin Brunswick Group 212-333-3810

SOURCE L-1 Identity Solutions, Inc.

http://www.L1ID.com

For full details on L-1 Identity Solutions Inc (ID) click here. L-1 Identity Solutions Inc (ID) has Short Term PowerRatings of 5. Details on L-1 Identity Solutions Inc (ID) Short Term PowerRatings is available at This Link.

    


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