SAFLINK RECEIVES FOLLOW ON ORDER FOR PHYSICAL ACCESS AND BIOMETRIC PRODUCTS TO SECURE STATE PRISON SYSTEM
Saflink receives contract for prison system in eastern U.S.
Bellevue , WA – ( May 24, 2005 ) – Saflink ® Corporation (NASDAQ: SFLK), a leading provider of biometric and smart card security solutions, today announced an additional contract with a multi-facility prison system in a heavily populated mid-Atlantic state. The contract, valued at approximately $600,000, is a follow-on order to an earlier award in which Saflink developed a security solution in conjunction with the state prison system to ensure the integrity of guard shift changes.
Initially, Saflink’s SAFpassage™ product was used in a unique security configuration at five of the security system’s 26 facilities. Saflink will now provide products and support for systems in the remaining 21 correctional facilities housing more than 40,000 inmates and expects delivery to take place in the second and third quarters of this year.
“This is a satisfying validation of the strength of our competitive advantage in combining biometrics and physical access and control capabilities to increase the level of assurance for important security needs in the marketplace,” commented Glenn Argenbright, CEO of Saflink. “The customer’s sophistication and evaluation process put our proposal to a real test. We now believe this solution can be replicated at correctional facilities in other states, and are actively pursuing these opportunities.”
About Saflink
Saflink Corporation offers biometric security and smart card solutions that protect intellectual property, secure information assets, and eliminate passwords. Saflink provides Identity Assurance Management ™ solutions, allowing administrators to verify identity and control access to computer networks, physical facilities, applications, and time and attendance systems. Saflink’s products also offer protection and privacy for popular applications such as e-mail, web transactions and individual data files. For more information, please visit http://www.saflink.com or call 800-762-9595.
NOTE: "Saflink" is a registered trademark of Saflink Corporation. "Identity Assurance Management” and “SAFpassage” are trademarks 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, and in its Annual Report on Form 10-K, as well as other documents periodically filed with the Securities and Exchange Commission.
Saflink PRESS CONTACT:
Sterling Communications
Rachel Berry
(253) 853-5030
rberry@sterlingpr.com
INVESTOR RELATIONS CONTACT:
MKR Group, LLC
Todd Kehrli
(818) 556-3700
ir@mkr-group.com