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Home > Company Index > Diversified Services > Security & Protection Products & Services > Viisage Technology, Inc.

Viisage Technology, Inc.
Nasdaq: VISG
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 NEWS FROM THE WIRES
Polaroid may sell ID business to rival Viisage
Aug 24 2001 07:01 AM PDT

More WIRE STORIES about this company

 PROFILE
Viisage Technology handles security problems face-to-face. The company develops identification systems that use such biometric technologies as facial recognition and fingerprint imaging. The company's products are employed in instantaneous identification (using images in a database), access, and surveillance applications. Customers include 13 US states, which use Viisage products in their motor vehicle departments and other agencies, and the US Immigration and Naturalization Service. Through partnerships, the company is expanding into Asia and the Middle East. Viisage Technology is 45%-owned by Lau Technologies, a defense contractor that co-develops biometric technology with the company.

 COMPETITION
Ethentica, Inc. (dossier)
Loronix Information Systems, Inc. (dossier)
Visionics Corporation (VSNX)

 DEALS
Deal: Viisage Secures $10 Million in New Equity Financing
Date Announced: 03.13.00
Value of transaction (US $Mil): 10
Description: Biometrics recognition technology provider secures $10 million.

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 27.50
1-Yr. Sales Growth: 42.5%
Employees: 65
Revenue per employee: $423,076.92

 KEY PEOPLE
• Thomas J. Colatosti
    CEO
• Sean F Mack
    CFO

 CONTACT INFO
30 Porter Rd.
Littleton, MA 01460
US
Phone: 978-952-2200
Fax: 978-952-2225
Online: Web Site

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