Viisage Awarded Arizona Driver License Contract
9 February 2000
Viisage Awarded Arizona Driver License ContractLITTLETON, Mass., Feb. 8 -- Viisage Technology, Inc. , a leader in enabling e-commerce through facial recognition biometrics technology and in providing identification systems and solutions, announced today that it has been awarded a new contract with the Arizona Department of Transportation (ADOT). Viisage has been the provider of Arizona's Digital Drivers' Licenses for the past five years. The new contract does not have a specified term but has an annualized revenue potential of nearly two million dollars. Stan Duci, Vice President of Customer Service, said, "We are pleased to be able to continue our valued relationship with Arizona. Arizona was our second customer and one of the first states in the nation to deploy instant-issuance digital licensing technology." The demands for reliable, consistent and quality service for driver licensing systems are extraordinary as this experience is the most ubiquitous service offered by state governments. As a result, Viisage has consistently invested in systems and processes to offer the best service in the industry to satisfy customer needs and build long-term customer relationships. Viisage is the leader in enabling e-commerce with facial recognition biometrics technology and in providing digital identification systems and solutions. The Company focuses on identification solutions that improve personal convenience and security; deter fraud; and reduce identification program costs. Viisage combines its patented facial recognition technology, systems integration capability, software design expertise, proprietary products and other best-in-class products to create turnkey customized customer solutions. Applications include Internet, electronic and physical access control; real-time image identification and verification; drivers' licenses; voter registration; national ID's; law enforcement; and social services. Domestically, Viisage products annually produce more than 20 million identification documents at more than 1,500 locations in 13 states. This news release may contain forward-looking statements that involve risks and uncertainties. Forward-looking statements in this document and those made from time to time by the Company through its senior management are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements concerning future plans or results are necessarily only estimates and actual results could differ materially from expectations. Certain factors that could cause or contribute to such differences include, among other things, potential fluctuations in quarterly results, the size and timing of award and performance on contracts, dependence on large contracts and a limited number of customers, lengthy sales and implementation cycles, changes in management estimates incident to accounting for contracts, availability and cost of key components, market acceptance of new or enhanced products and services, proprietary technology and changing technology, competitive conditions, system performance, management of growth, dependence on key personnel and general economic and political conditions and other factors affecting spending by customers. For more information on Viisage, via fax at no charge, Dial 1-800-PRO-INFO and enter ticker symbol VISG.