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dbmasters
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Security software manufacturer, has some gov't affiliations, just bought their main competitor, HUGE need in a HUGE market with the new biometric authentication, which is in it's infancy, but highly regarded for it's potential. Revenue is good...gotta love it.

Peter Leeds hot pick today, he hasn't led me astray yet...do the DD, it's a strong bet I think...


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Good news for any SFLK investors:

SAFLINK Receives Contract for Physical Access System at the Environmental Protection Agency
Thursday May 6, 8:01 am ET
Current Award Valued at Approximately $350,000


BELLEVUE, Wash.--(BUSINESS WIRE)--May 6, 2004--SAFLINK® Corporation (Nasdaq:SFLK - News), a leading developer, marketer, and integrator of biometric security solutions, announced today that its has been awarded a contract by Information Systems Support (ISS) for the installation and integration of a physical access control system located at Region 6 of the Environmental Protection Agency (EPA) in Dallas, TX.
The state of the art access control system will be designed to integrate a variety of different technologies including iris recognition in order to provide a secure atmosphere for EPA employees and to help the EPA comply with certain Homeland Security initiatives.

In 2003, ISS was awarded a task order by the General Services Administration (GSA) Federal Technology Services (FTS) under the Application Support For Widely-Diverse End User Requirements (ANSWER) Government wide Acquisition Contract (GWAC). SAFLINK is a subcontractor to ISS for this project, and will provide security software, consulting services, and iris recognition cameras. The value of SAFLINK's portion of the contract is approximately $350,000.

The EPA initiated this project in order to help increase the Agency's level of physical access control in response to security requirements established by the U.S. Department of Homeland Security. The EPA has indicated that once the new system is deployed, its use will be further evaluated for possible expansion into other areas.

"We're very enthusiastic about this project, as well as the future opportunity we believe it presents," said Bob Turbeville, VP of Physical Access for SAFLINK. "We believe that this project is being viewed as a test case for the EPA as a whole, and hope it will lead to an ongoing relationship."

About the EPA

The mission of the Environmental Protection Agency is to protect human health and the environment. Since 1970, EPA has been working for a cleaner, healthier environment for the American people. EPA employs 18,000 people across the country, including its headquarters offices in Washington, DC, 10 regional offices, and more than a dozen labs.

About ISS

Information Systems Support (ISS) is one of the nation's leading and fastest growing information technology, communications, and logistics management services companies. For more information, visit ISS on the web at www.iss-md.com.

About SAFLINK

SAFLINK Corporation offers software solutions that protect intellectual property, secure information assets, and eliminate passwords. SAFLINK's software provides Identity Assurance Management(TM), allowing administrators to verify the identity of users and control their access to: computer networks; physical facilities; applications; manufacturing process control systems; and time and attendance systems. For more information, please see www.saflink.com or call 800-762-9595.

NOTE: "SAFLINK," and "The Power of Biometric Authentication" are registered trademarks of SAFLINK Corporation. "Protecting your enterprise through secure authentication" is a trademark of SAFLINK Corporation.

This release contains information about management's view of the company's future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with the company's financial condition, its ability to sell its products, its ability to compete with competitors and the growth of the security market as well as other factors that are discussed in the company's 424(b)(3) Prospectus filed with the SEC August 16, 2002 as amended and supplemented, and in its Annual Report on Form 10-K, as well as other documents periodically filed with the Securities and Exchange Commission.


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w00t. http://biz.yahoo.com/bw/040707/75317_1.html
Posts: 64 | Registered: Apr 2004  |  IP: Logged | Report this post to a Moderator
   

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