BELLEVUE, WA – (March 14, 2006) – Saflink® Corporation (NASDAQ: SFLK) and Digital Persona, Inc., today announced the parties have reached an amicable settlement of Saflink’s patent infringement lawsuit against Digital Persona under U.S. Patent 6,618,806, that establishes a method for authenticating users to a computer network. Under the terms of the settlement, Saflink has agreed to dismiss all pending legal claims against Digital Persona, and to grant a royalty-bearing, non-exclusive license to the ‘806 patent family to Digital Persona. In addition, Digital Persona has agreed to grant a royalty-free, non-exclusive license to its U.S. Patent 6,125,192 patent family for a fingerprint recognition system. Other terms of the settlement are confidential and were not disclosed.
“We are very pleased to reach a favorable settlement with Digital Persona regarding our patent rights," said Glenn Argenbright, President and CEO of Saflink. “This settlement demonstrates the relevance of our intellectual property portfolio to the challenges faced everywhere today to secure computer networks against intrusion and loss. We believe that our patents and intellectual property are valuable assets, and we will continue to vigorously protect our rights.”
About Saflink
Saflink Corporation offers biometric security and smart card solutions that protect intellectual property, secure information assets, eliminate passwords, verify identity and control access to computer networks, physical facilities and applications. For more information, please visit http://www.saflink.com or call 800-762-9595.
About Digital Persona
Digital Persona offers biometric authentication solutions for enterprise networks and commercial applications. Founded in 1996, Digital Persona designs, manufactures and sells turnkey solutions that improve security and regulatory compliance while resolving password management problems. Additional information is available by contacting Digital Persona, Inc. at (650) 474-4000 or at http://www.digitalpersona.com.
NOTE: “Saflink” is a registered 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, 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
Lindsay Stril
(253) 853-5030
lstril@sterlingpr.com
INVESTOR RELATIONS CONTACT:
Investor Awareness, Inc.
Tony Schor
(847) 945-2222
tony@investorawareness.com