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| 01/30/2007 |
Liska Biometry's Al-cor Id Solutions Begins Installation Of Rfid System For Student-staff Security
Company Enters School Security Market
Dover, NH -- January 30, 2007 - Liska Biometry (OTC BB: LSKA), a leading provider of biometric identification solutions, today announced that its Al-Cor ID Solutions subsidiary won a contract for a pilot project to install and support an RFID system to enhance the security of students and staff in public schools. Installation has begun and when the system is proven to be successful, the contract makes it possible to implement the system in over 50 schools, identifying 100,000 students and faculty. For reasons of enhanced security, Liska will not reveal the location or the name of the board of education involved.
The pilot project consists of enrolling and authenticating over 2,500 students in one school, using handheld PDAs and RFID cards for each student and staff member. Other schools have already expressed interest in implementing the Al-Cor solution once the pilot project has proven successful.
The RFID system to be deployed by Al-Cor ID Solutions will help safeguard students and schools by making it possible for administrators and security personnel to identify every student as well as individuals who are not authorized to be on campus.
Christopher LeClerc, President of Liska, said, "This is our first contract for security products and support services in the educational security arena. We believe that there is a significant demand for this kind of protection in our elementary and secondary schools as well as at colleges and other seats of learning. This project represents a beginning for our company in the education security field, and we believe that our experience there will enable us to expand to many other school districts across the country."
He added, "The system is being installed today and will be operational within a week. At that point, their security personnel will be able to use a handheld device to read the RFID chip on the student ID card, and know immediately who is where they are supposed to be, who isn't, and who represents a security risk to the students and faculty. As part of the contract, we will provide support, which enhances our revenue stream, ensuring the system remains optimally tuned to the needs of the school and the security personnel using it. Moreover, the entire system can be upgraded into the Liska Software suite if administrators deem it useful to do so, bringing further security capabilities to the school district."
LeClerc concluded, "We believe that the school security market will be able to benefit greatly from our biometric solutions for rapid identity authentication. We are already pursuing other school districts, and the outlook is promising."
About Liska Biometry Liska Biometry develops revolutionary fingerprint biometric solutions enabling fast individual authentication, precise identification searches, as well as cross-platform data interoperability. Our innovative, scalable technology generates a unique, short, repeatable numerical identifier from one's fingerprint.
This short number becomes a precise and universal biometric identifier easily embedded in travel documents, such as visas and passports, credit cards, driver's licenses and a host of other personal credentials.
Liska's product offerings address national security concerns regarding privacy and data integrity. From consular services to terrorist watch lists, our innovative technology allows for seamless, integrated identification searches across disparate databases at all levels of government and law enforcement.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
This press release contains "forward-looking statements" and information relating to our business that are based on our beliefs as well as assumptions made by us or based upon information currently available to us. When used in this press release, the words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "project," "should" and similar expressions are intended to identify forward-looking statements. This press release reflects our current views and assumptions with respect to future events and is subject to risks and uncertainties. Actual and future results and trends could differ materially from those set forth in such statements due to various factors. Such factors include, among others: general economic and business conditions; industry capacity; industry trends; competition; changes in business strategy or development plans; project performance; the commercial viability of our fingerprint biometric solutions and offerings; availability, terms, and deployment of capital; availability of qualified personnel; and ability to generate new markets for our products.
For more information, contact:
Christopher J. LeClerc Liska Biometry, Inc. President and CFO (603) 742-8100 (877) 77-LISKA cjleclerc@liskabioemtry.com
www.liskabiometry.com www.digitalcardsystems.com www.al-cor.com
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| 10/11/2006 |
Liska Biometry, Inc. Expects 3rd Quarter Revenues To Exceed $2.5 Million
Milestone Passed as Acquisitions and Product Solutions Boost Business
Dover, NH -- October 11, 2006 - Liska Biometry (OTCBB LSKA.OB), a leading provider of secure identification solutions, today announced that is expects its third quarter revenues to exceed $2.5 million, up from zero in the same period 2005 and from $751,000 in the preceding quarter of 2006. The Company credits its successful strategic acquisitions and strong market acceptance for its offerings.
Charles Benz, Chairman and CEO of Liska, said, "Liska Biometry isn't just a start up anymore. We have made the most difficult transition a technology enterprise can make, from a research and development project to a commercial business. We are extremely happy with our progress, and we are especially pleased for our shareholders who have begun to see their patience paying off with this positive guidance."
Benz added, "Since the merger with Digital Card Systems, Inc. and the acquisition of Markow Photo Properties, we've enjoyed a number of synergistic effects, and we continue to refine and standardize our operations to maximize our efficiencies in offering secure identification solutions to our customers. We have successfully integrated DCS and Markow both technically and from a sales point of view. We anticipate the combined operations will continue to grow."
Since the merger, the Company has deployed its ICAO/ISO compliant image capture system in several countries as part of the new standardization of identification documentation. Recently, Liska unveiled a fully integrated mobile identification solution including use of the Biometric Identifier Number (BIN™), its proprietary biometric system. The company intends to roll out the system in existing and new contracts to further enhance clients' security.
As previously announced, Liska's subsidiary, DCS, has won a contract in Barbados through its partner C.L. Gibbs and Co., LTD, to produce that country's driver's license, as such the Company will provide its fully integrated solutions for this project which can scale readily to accommodate the needs of much larger jurisdictions.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
This press release contains "forward-looking statements" and information relating to our business that are based on our beliefs as well as assumptions made by us or based upon information currently available to us. When used in this press release, the words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "project," "should" and similar expressions are intended to identify forward-looking statements. This press release reflects our current views and assumptions with respect to future events and is subject to risks and uncertainties. Actual and future results and trends could differ materially from those set forth in such statements due to various factors. Such factors include, among others: general economic and business conditions; industry capacity; industry trends; competition; changes in business strategy or development plans; project performance; the commercial viability of our fingerprint biometric solutions and offerings; availability, terms, and deployment of capital; availability of qualified personnel; and ability to generate new markets for our products.
For more information, contact:
Christopher J. LeClerc Liska Biometry, Inc. President and CFO (603) 742-8100 (877) 77-LISKA cjleclerc@liskabioemtry.com
www.liskabiometry.com www.digitalcardsystems.com www.al-cor.com
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| 10/1/2006 |
Liska Biometry Introduced Compact Modularized Mobile ID System At ASIS 2006
Dover, NH -- October 1, 2006 - Understanding the diverse requirements in today's ID Management environment, Liska Biometry announced availability of its most advanced compact mobile enrollment and ID station. The system, housed in an elegant stainless aluminum alloy briefcase, comes complete with an industry standard fingerprint capture station, signature capture station, and ICAO/ISO portrait capture station. For those programs requiring smart card technology, there is also an RF contact-less pad on board to allow for seamless production of smart credentials. The environment running at ASIS 2006 included Liska's ID Management software suite, complete with the new Biometric Identifier Number, BIN™ technology for fingerprint matching and BIN™ creation, and Liska's enhanced ICAO/ISO compliant imaging environment for portrait capture. The station is modular and can be configured with various options. For availability and more information please contact a Liska representative at 877 77-LISKA (54752).
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. Liska and DCS intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause Liska and DCS actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in Liska annual, quarterly and other periodic public filings on record with the Securities and Exchange Commission which can be viewed free of charge on its website at http://www.sec.gov.
For more information, contact:
Christopher J. LeClerc Liska Biometry, Inc. President and CFO (603) 742-8100 (877) 77-LISKA cjleclerc@liskabioemtry.com
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| 6/9/2006 |
Liska Biometry Secures 5MM In Financing
Dover, NH -- June 9th, 2006 - Liska Biometry Inc., provider of secure identification solutions, completed a $5 million financing agreement with a New York-based asset management firm.
The financing consists of two separate convertible notes; a $3 million note, convertible in common stock at $0.40, and a $2 million note, convertible into common stock at $0.60. Both notes bear an interest rate of 10% per annum and are due 2009 unless converted into common stock of Liska. Liska also granted warrants exercisable at any time prior to May 31, 2013, to purchase 12.5MM shares of its Common Stock at an exercise price of $0.40 per share. The company will file a registration statement with the Securities and Exchange Commission to register the common stock issuable upon conversion of the notes as well as the common stock underlying the warrants.
A portion of the proceeds of this financing were used to acquire Markow Photo. The balance will be used as working capital to help fund the company's sales growth, future acquisitions and intellectual property development.
"This financing is an integral part of our success going forward, the capital will enable us to execute our mission of becoming a global player in secure identification solutions," said Charles Benz, Chairman and CEO of Liska Biometry Inc. "Our industry is growing rapidly, having wall street support will enable us to execute on many more opportunities in our space."
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. Liska and DCS intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause Liska and DCS actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in Liska annual, quarterly and other periodic public filings on record with the Securities and Exchange Commission which can be viewed free of charge on its website at http://www.sec.gov.
For more information, contact:
Christopher J. LeClerc Liska Biometry, Inc. President and CFO (603) 742-8100 (877) 77-LISKA cjleclerc@liskabioemtry.com
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| 6/6/2006 |
Liska Biometry, Inc. And Digital Card Systems, Inc. Announce Final Closing Of Merger Agreement
Dover, NH -- June 6th, 2006 - Liska Biometry, Inc. ("Liska") (OTC BB: LSKA) and Digital Card Systems, Inc. ("DCS") today jointly announced their closing of the Definitive Agreement and Plan of Merger (the "Merger Agreement") dated February 13, 2006, pursuant to which Liska acquired, through a wholly-owned subsidiary, 100% of the issued and outstanding common shares of DCS, and DCS became a wholly-owned subsidiary of Liska. As consideration in the merger transaction, each DCS shareholder will receive approximately 500 shares of Liska common stock in exchange for one (1) share of DCS stock. No fractional shares will be issued in the share exchange. The aggregate number of Liska shares to be issued to the DCS shareholders will be approximately 25,000,000.
Liska further announced that on June 5, 2006, acting through DCS, it acquired substantially all of the assets of Markow Photo Properties, Inc., an Arizona corporation engaged in the identity card business. Pursuant to an Asset Purchase Agreement dated June 5, 2006 (the Asset Purchase Agreement), Liska paid $591,000 in consideration for substantially all of Markow's operating assets, plus approximately $925,000, subject to adjustment, for Markow's inventory. With the addition of Markow Photo and DCS, Liska had sales of approximately $10,000,000 in the year ended December 31, 2005.
In connection with its merger with DCS, Liska appointed Charles Benz, the founder and Chairman of DCS, the Chairman and CEO of Liska. Christopher LeClerc will continue in the role of President and has been appointed CFO of Liska.
Mr. LeClerc commented, "We are pleased to have been able to reach a closing of the transaction and we welcome the DCS shareholders as Liska shareholders and feel very strongly on the new combined entities moving forward."
Charles Benz commented further, "We are glad we achieved a closing of the merger with Liska and the acquisition of Markow's business. The future for our combined companies is very bright, there are tremendous opportunities for our technologies in the rapidly growing global marketplace for integrated biometrics in secure, identity credentials."
Details of the Merger Agreement between Liska and DCS, including but not limited to the specifics of the exchange ratio, and of the Asset Purchase Agreement pursuant to which Liska acquired Markow will be filed by Liska in a Current Report on Form 8-K with the U.S. Securities and Exchange Commission as required.
ABOUT LISKA BIOMETRY, INC.
Liska Biometry, Inc., a Florida corporation, is a provider of advanced biometrics solutions.
ABOUT DIGITAL CARD SYSTEMS, INC.
Digital Card Systems, Inc., a Delaware corporation, is a privately held provider of integrated identification solutions and secure identification documents.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. Liska and DCS intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause Liska and DCS actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in Liska annual, quarterly and other periodic public filings on record with the Securities and Exchange Commission which can be viewed free of charge on its website at http://www.sec.gov.
For more information, contact:
Christopher J. LeClerc Liska Biometry, Inc. President and CFO (603) 742-8100 (877) 77-LISKA cjleclerc@liskabioemtry.com
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| 6/1/2006 |
Liska's Subsidiary, DCS Europe, Wins A Major German Pharmaceutical Company's Advanced Smart Card Project For 50,000 Employees
DCS Europe, a subsidiary of Liska Biometry, Inc., is pleased to announce that their intellectual capital was leveraged to design and produce a secure, robust, durable and multi-application polycarbonate composite smart card to be issued to 50,000 employees.
DCS Europe utilized the high security RF LEGIC chip technology to design a multi-application architecture allowing Bayer employees to utilize one card for their access control, time and attendance, vending and cafeteria needs. The technology, and the relationship that Bayer developed with DCS Europe, granted Bayer's IT and security departments the opportunity to fully control all aspects of the card, its use, its internal organization, its data structure, and its security features. Christopher LeClerc, President of Liska Biometry, stated that "this program proves that large corporations can take advantage of the resources and services of our company to introduce the wide array of benefits that smart cards offer."
DCS Europe provides RF and contact card expertise on an International basis through their corporate office in Germany. Their expertise helps large corporations and governments to understand and utilize the most cost effective smart chip technology, data organization, structure, public key infrastructure, work flow management and system design for their organizations' demands. Organizations like Bayer, BASF and Switzerland's nuclear facilities, rely on DCS to provide the necessary technology to meet the applications and security requirements in their smart card programs.
For more information, contact:
Christopher J. LeClerc Liska Biometry, Inc. President and CFO (603) 742-8100 (877) 77-LISKA cjleclerc@liskabioemtry.com
DCS Europe, Inc. Juergen Mueller General Manager In der Lache 2-4 78056 Villingen-Schwenningen Germany Tel: +49 7720 9969-70 jmueller@digitalcardsystems.com
ABOUT DIGITAL CARD SYSTEMS, INC.
Digital Card Systems Inc. ("DCS") and Liska Biometry have merged, in a stock exchange transaction dated June 1, 2006, to create an integrated security ID technology company serving the rapidly expanding global security ID marketplace, with offices in the US, Europe, Africa and South America. DCS has developed security ID solutions for government credentials including passports, driver's licenses, voter cards, national IDs, military and police IDs, and commercial IDs for hospitals, private industry, schools and airports. DCS has sophisticated .net software positioned as "middleware", which integrates digital imaging, biometrics, smart chips, and related capture and output hardware to offer full security ID solutions that comply with the latest ISO and ICAO standards. DCS develops programs that optimize both fingerprint and facial algorithms by applying search engine technology to sort for higher performance and at a lower cost than any ID solution currently on the market.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. Liska and DCS intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause Liska and DCS actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in Liska annual, quarterly and other periodic public filings on record with the Securities and Exchange Commission which can be viewed free of charge on its website at http://www.sec.gov.
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COPYRIGHT
© 2004 LISKA BIOMETRY, INC
ALL THIRD PARTY TRADEMARKS ARE SOLE PROPERTY
OF THEIR RESPECTIVE OWNERS
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