[ January 30, 2006, 09:22: Message edited by: iternity ]
Posted by Golf Money on :
I'm Watching!
Posted by iternity on :
oooooooh, i like that, i like that, i like that!
Posted by Golf Money on :
Nice volume.
Any L2's?
Posted by optimizer_78 on :
The Coalition for Luggage Security Questions P.A.S.S. National ID System Offered Through Private Industry
Posted by devilindetail on :
in for a few mil Posted by iternity on :
12x5 MM!
Posted by optimizer_78 on :
.01 Press Release Source: Coalition for Luggage Security
The Coalition for Luggage Security Questions P.A.S.S. National ID System Offered Through Private Industry Friday January 27, 11:24 am ET
NEW YORK--(BUSINESS WIRE)--Jan. 27, 2006--The Coalition for Luggage Security. In June 2006, the Department of Homeland Security (DHS) expects to roll out a Registered Travel Program (RT) and a P.A.S.S. (People, Access, Security, Service) system that will contain biometric information (fingerprints) on smart cards. ADVERTISEMENT
"Both of these programs are voluntary. The TSA believes it may help passengers get through airports more quickly, or across the Canadian border. In our opinion however, it will not end the luggage problem and standing in line as we do now," said Richard A. Altomare, Founder and Chairman of the Coalition for Luggage Security, and CEO of Universal Express, Inc. (OTCBB: USXP - News)
"The RT Program is for airports. The plan is that the volunteers in this program will fund the cards, the screeners and the equipment. The TSA will provide free space at the airports for the special lanes. Can you imagine how frequently these private companies will compromise this personal information when financial institutions and financial processors who follow strict rules of security, regularly fail?" continued Richard Altomare.
"These programs, in our opinion may result in the smart cards containing other information, including financial and medical data and may also be folded into federal requirements for uniformed driver's license formats," stated Mr. Altomare.
"If we address the airport and luggage issues, we would not need to provide these complicated and technologically insecure and costly processes. We can separate luggage from the travelers prior to going to the airport. This would have the effect of removing the clutter at the check-in lines, being able to refocus the screeners on unscreened cargo and position the airline to make a quicker plane turnaround and thus generate more revenue," added Richard Altomare.
"Like plastics in the 1950's, biometrics seems to be the catch-all phrase of the post 9-11 security solution industry. Let's 'pass' on P.A.S.S. until we can 'pass' through our 'pass'enger lines more quickly and more 'passably', without passing on the costs to us all," concluded Mr. Altomare.
The Coalition for Luggage Security was established to ensure the safety of travelers through alternate means of luggage transportation. The Coalition consists of prominent businesspersons and companies that educate the public, Congress and the Administration on the importance of solving the luggage and cargo safety issues that exist in airlines and airports.
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
![[Smile]](smile.gif)