VISG Viisage Technology (MM)

The SecuriMetrics division of Viisage Technology, Inc. (NASDAQ: VISG) announced today that the Department of Defense (DoD) placed an order for the HIIDE (Handheld Interagency Identity Detection Equipment) device that utilizes multi-modal identity enrollment and recognition technology. Valued in excess of $10 million, this new order from the DoD represents a major step forward in the adoption of multi-modal biometric recognition technologies that include iris, face, and finger. "This order is a watershed event for the industry and demonstrates an emerging market for multi-modal biometric recognition products," said Bob LaPenta, Chairman of the Board of Viisage and Founder and CEO of L-1 Investment Partners. "We believe that the ability to offer this capability, including iris, will be the turning point for the industry and its adoption of this technology. The devices will be used to aid the nation in its effort to secure our troops, our borders and our civilians." First Hand Held Multi-Modal Identification Device Has Wide Range of Applications Layering biometric technologies is quickly becoming the standard in high security identification scenarios. Introduced in 2005 by SecuriMetrics, the HIIDE product is the world's first hand-held, full function, multimodal identification device that uses iris, finger and facial recognition. The HIIDE product offers the most scalable and flexible tool today for enrolling, identifying and verifying subjects using any of the three primary biometrics: iris, finger, face -- all in a rugged hand held device. The device is scalable and flexible, operating in extreme and rugged mobile environments, as well as on a desktop connected to a host personal computer or network. The HIIDE device has a wide range of applications in the U.S. government's support of national security and homeland defense, and in the civil marketplace, including use by the DoD and other agencies. It can be used for mobile identification of individuals on the battlefield, at border checkpoints, in airports, in detention centers, and for checking individuals against known watch lists. Through its combined device offerings, SecuriMetrics is a major provider of mobile iris recognition solutions for DoD needs in Iraq, Afghanistan and Bosnia. SecuriMetrics has thousands of devices deployed across the Middle East and other areas of conflict. U.S. detention centers in Iraq and Afghanistan also use SecuriMetrics' devices to manage combatant populations. The HIIDE device is currently being introduced for use by state and local law enforcement agencies, as well as public and private correctional facilities for suspect, inmate and visitor identification, as well as securing facilities. "SecuriMetrics has worked closely with the Department of Defense and other government agencies over the past several years in the development of the HIIDE device," said Greg Peterson, Founder and CEO of SecuriMetrics, Inc. "This close industry/government collaboration has resulted in a device uniquely tailored to meet a broad spectrum of iris and multimodal biometrics needs." About Viisage Technology, Inc. Viisage delivers advanced technology identity solutions for governments, law enforcement agencies and businesses concerned with enhancing security, reducing identity theft, and protecting personal privacy. Viisage solutions include secure credentials such as passports and drivers' licenses, biometric technologies for uniquely linking individuals to those credentials, and credential authentication technologies to ensure the documents are valid before individuals are allowed to cross borders, gain access to finances, or be granted other privileges. With more than 3,000 installations worldwide, Viisage's identity solutions stand out as a result of the company's industry-leading technology and unique understanding of customer needs. Viisage's product suite includes IdentityTOOLS(TM) SDK, Viisage PROOF(TM), FaceEXPLORER(R), iA-thenticate(R), ID-GUARD(R), BorderGuard(R), PIER(TM), HIIDE(TM), AutoTest(TM), FacePASS(TM) and FaceFINDER(R). About SecuriMetrics, Inc. SecuriMetrics, Inc., acquired by Viisage in 2006, provides biometric security solutions for iris and multi-modal identification and recognition. Identification using the iris is widely recognized as the fastest, most accurate and scalable of all biometric technologies. The Company's proprietary products have achieved significant adoption by the U.S. Department of Defense (DOD), various U.S. Intelligence agencies and in the corrections/law enforcement marketplaces. SecuriMetrics markets hardware, software and professional development services that enable its customers to create biometric databases and subsequently identify subjects with extreme speed and accuracy. As of December 2005, the Company has over 1,800 of its flagship PIER(TM) devices deployed throughout Iraq, Afghanistan, Pakistan, Cuba, Bosnia and other areas of conflict. US detention centers in Iraq and Afghanistan use this device to manage detainees. In addition, the technology is used to secure physical assets (such as buildings and bases), provide positive inmate identification and screen for insurgents against "watch lists." Forward Looking Statements This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements in this document and those made from time to time by Viisage through its senior management are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company's current views with respect to the future events or financial performance discussed in this release, based on management's beliefs and assumptions and information currently available. When used, the words "believe", "anticipate", "estimate", "project", "should", "expect", "plan", "assume" and similar expressions that do not relate solely to historical matters identify forward-looking statements. 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, the size and timing of contract awards, performance on contracts, performance of acquired companies, availability and cost of key components, unanticipated results from audits of the financial results of the Company and acquired companies, changing interpretations of generally accepted accounting principles, outcomes of government reviews, developments with respect to litigation to which we are a party, potential fluctuations in quarterly results, dependence on large contracts and a limited number of customers, lengthy sales and implementation cycles, market acceptance of new or enhanced products and services, proprietary technology and changing competitive conditions, system performance, management of growth, dependence on key personnel, ability to obtain project financing, general economic and political conditions and other factors affecting spending by customers, and the unpredictable nature of working with government agencies. In addition, such risks and uncertainties include, among others, the following risks: that requisite Iridian shareholder approval will not be obtained, or that the pending Iridian acquisition will not close or otherwise be delayed, that the merger with Identix will not close, that shareholder approval will not be obtained, that the closing will be delayed, that customers and partners will not react favorably to the merger, integration risks, the risk that the combined companies may be unable to achieve cost-cutting synergies, and other risks described in Viisage's and Identix' Securities and Exchange Commission filings, including the Registration Statement on Form S-4 filed with the SEC in connection with the transaction, Viisage's Annual Report on Form 10-K for the year ended December 31, 2005 and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2006 and June 30, 2006 under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," and Identix' Annual Report on Form 10-K for the year ended June 30, 2005 and its Quarterly Reports on Form 10-Q for the quarters ended September 30, 2005, December 31, 2005 and March 31, 2006 under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations." Viisage expressly disclaims any obligation to update any forward-looking statements.