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Saflink Announces Ex-Dividend Date For Special FLO Stock Dividend

 


KIRKLAND, WA – December 27, 2007 – Saflink Corporation (OTC Bulletin Board: SFLK) was notified today by NASDAQ that the ex-dividend date will be December 28, 2007 for the announced dividend of FLO Corporation common stock. The ex-dividend date is the date on or after which the security begins to trade without the right to receive the dividend payment. Those who buy shares on or after the ex-dividend date will not be entitled to this dividend.
On December 20, 2007 Saflink announced that its board of directors declared a special in-kind dividend of shares of FLO Corporation to Saflink’s stockholders to effect a pro rata spin-off of all of the shares of FLO Corporation common stock owned by Saflink.  The record date for the special dividend was set for December 24, 2007, and Saflink expects the payment date for the special dividend to be January 7, 2008. The special dividend rate is set to be in an amount of 0.0111684 shares of FLO Corporation common stock for each share of Saflink common stock held.

About Saflink
Saflink Corporation offers biometric security, smart card and cryptographic technologies that help protect intellectual property and control access to secure facilities. Saflink security technologies are key components in identity assurance management solutions that allow administrators and security personnel to positively confirm a person's identity before access is granted. Saflink cryptographic technologies help to ensure that sensitive information is accessed only by the intended recipient(s). For more information, please visit http://www.saflink.com or call 800-762-9595.
NOTE: “Saflink” is a registered trademark of the Saflink Corporation. “FLO” is a registered trademark of FLO Corporation.

This release contains information about our management’s view of our 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.  You should be aware that our actual results could differ materially from those contained in the forward-looking statements due to a number of risks affecting our business. These factors include, but are not limited to, any decision by Nasdaq to change the ex-dividend date, the risk that the proposed merger between Saflink and IdentiPHI may not be approved by our stockholders, IdentiPHI’s or our inability to satisfy the closing conditions of the merger, the risk that the two companies' businesses will not be integrated successfully and the significant costs related to the proposed merger.  Additional factors include, but are not limited to, risks and uncertainties associated with our financial condition, our ability to sell our products, our ability to compete with competitors and the growth of the security market, and those included in our annual report on Form 10-K, as well as other documents we periodically file with the Securities and Exchange Commission.

MEDIA CONTACT:
Sterling Communications, Inc.
Katie James
(206) 388-5758
kjames@sterlingpr.com

INVESTOR RELATIONS CONTACT:
Investor Awareness, Inc.
Tony Schor
(847) 945-2222
tony@investorawareness.com

 

 

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