Identix Research Labs Recognized among the Top R&D Centers in the U.S. by Fortune Magazine; Identix Biometric Homeland Security Applications Singled Out
Fortune Magazine has recognized the Research and Development (R&D) laboratories of Identix Incorporated (Nasdaq:IDNX) as part of the crown jewels of the U.S. economy. Fortune included Identix among a number of Fortune 500 companies that were singled out, not only for their excellence in technological research and development, but also for each of the company’s ability to convert R&D into real world solutions. With as much as 50% of the economic growth in the U.S. over the past 50 years tied directly to advances in technology (according to American Association for the Advancement of Science in a recent report on R&D), Identix believes that a commitment to leading-edge R&D capabilities will continue to be a hallmark of industry leaders.
Identix was singled out by Fortune as operating one of the top R&D centers in the U.S. for its industry-leading advances in biometrics, and specifically for its facial recognition technology for homeland security applications. “Over the course of our 22+ year history, Identix has continually believed in the importance of corporate R&D,” said Dr. Joseph J. Atick, Identix President & CEO. “R&D has provided the U.S. with a broad and wide-ranging global technological leadership position and is responsible for many of the innovations benefiting humanity throughout the world. This long-standing tradition and culture is alive and vibrant at Identix and will continue to be a major driver for our growth, a significant element of differentiation, and a positive contributor to our society.”
The full article may be accessed in the September 20, 2004 print edition of Fortune Magazine, or online at http://www.fortune.com/fortune/fortune500/articles/0,15114,693268,00.html. (Due to its length, this URL may need to be copied/pasted into your Internet browser’s address field. Remove the extra space if one exists.)
“Our corporate research labs in New Jersey and Minnesota are the cornerstones of our Company’s continued worldwide leadership in the multi-biometrics industry,” Dr. Atick continued. “It has always been our belief that in order for Identix to be successful, we must continually invest in furthering the state-of-the-art by developing and testing new ideas. This dedication had led to a number of breakthroughs by Identix, including the introduction of the first fingerprint biometric live scan systems more than 15 years ago, the development of mobile identification, moisture discrimination and full hand capture technologies, biometric data-mining capabilities, and our most recent fusion of skin and facial geometry, which has produced what we believe are exceptional levels of accuracy for facial recognition technology. This noteworthy recognition from Fortune Magazine is a further testament to our commitment to, and excellence in, R&D, and we are proud to have been selected alongside some of the most distinguished Fortune 500 companies in the country.”
Identix’ R&D efforts are headed by Dr. Paul Griffin, the Company’s Chief Technology Officer. Identix’ R&D labs primarily employ Ph.D.s and advanced degrees specializing in mathematics, pattern recognition, computer science, and physics. Collectively, the R&D team at Identix has published hundreds of original papers, has been instrumental in the development and promulgation of standards in the field of biometrics, and can be credited with the award of numerous important patents in biometrics and related fields.
About Identix Incorporated
Identix Incorporated (Nasdaq:IDNX) is the world’s leading multi-biometric technology company. Identix provides fingerprint, facial and skin biometric technologies, as well as systems, and critical system components that empower the identification of individuals in large-scale ID and ID management programs. The Company’s offerings include live scan systems and services for biometric data capture, mobile systems for on-the-spot ID, and backend standards-based modules and software components for biometric matching and data mining. Identix products are used to conduct background checks, speed travel and commerce via secure identification documents, prevent identity fraud in large-scale government and civil ID programs, and control access to secure areas and networks. With a global network of partners, such as leading system integrators, defense prime contractors and OEMs, Identix serves a broad range of markets including government, law enforcement, gaming, finance, travel, transportation, corporate enterprise and healthcare.
More information on Identix can be accessed via the Company web site at http://www.identix.com .
