| | Business Summary | | Viisage
Technology,
Inc.
is
engaged
in
the
field
of
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
systems
integration
and
software
design
capabilities
with
its
proprietary
software
and
hardware
products
and
other
industry-standard
products
to
create
complete
customized
solutions.
These
turnkey
solutions
integrate
image
and
data
capture,
create
relational
databases,
incorporate
multiple
biometrics
and
improve
customers'
ability
to
move
and
manage
information.
Applications
can
include
driver's
licenses,
voter
registration,
national
ID's,
law
enforcement,
social
services,
access
control
and
PC
network
and
Internet
access
security.
Viisage
products
annually
produce
more
than
20
million
identification
documents
at
more
than
1,200
locations
in
13
states. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Viisage
Technology
designs,
sells
and
implements
turnkey
digital
identification
systems
intended
to
improve
personal
convenience
and
security,
deter
fraud
and
reduce
customers'
identification
program
costs.
For
the
three
months
ended
4/1/01,
sales
rose
19%
to
$6.4
million.
Net
income
applicable
to
Common
totaled
$213
thousand,
up
from
$95
thousand.
Revenues
reflect
new
contracts
with
the
Pennsylvania,
and
extensions
with
existing
customers.
Earnings
reflect
continuing
cost
control
efforts. Recent Earnings Announcement
For
the
3
months
ended
07/01/2001,
revenues
were
6,871;
after
tax
earnings
were
220. (Preliminary; reported in thousands of dollars.) | | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Denis Berube, 58
Chairman | -- | -- | Thomas Colatosti, 53
Pres
and CEO | $338K | $53K | Sean Mack, 38
VP,
Treasurer, Controller | 113K | -- | Iftikhar Ahmad, 49
VP-
Engineering and Program Management | 192K | -- | Stanley Duci, 48
VP-
Customer Service | 128K | -- | | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/v/visg.gif)