| Business Summary | | Visionics
Corporation
is
a
worldwide
producer
of
identification
technologies
and
systems.
Through
its
respective
business
lines,
FaceIt,
live
scan
and
IBIS,
the
Company
designs
and
manufacturers
forensic
quality
biometric
identification
systems
and
develops
and
deploys
facial
recognition
technology.
The
FaceIt
technology
enables
a
broad
range
of
products
and
applications
built
by
partners
(OEMs,
VARs
and
system
integrators).
These
include
enhanced
CCTV
systems,
identity
fraud
applications
and
authentication
systems
for
information
security,
access
control,
travel,
banking
and
e-commerce.
The
TENPRINTER
and
FingerPrinter
CMS
are
live
scan
systems
used
by
government
agencies,
law
enforcement,
airports,
banks
and
other
commercial
institutions.
The
IBIS
is
a
remote
identification
system
that
combines
expertise
in
biometric
capture
and
connectivity,
and
is
capable
of
capturing
both
forensic
quality
fingerprints
and
photographs
for
transmission
to
law
enforcement
and
other
legacy
databases. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VSNX
develops
and
deploys
facial
recognition
technology
and
designs
and
manufactures
fingerprint
biometric
identification
systems.
For
the
nine
months
ended
6/30/01,
revenues
rose
30%
to
$22.3
million.
Net
loss
before
acct.
change
rose
from
$612
thousand
to
$3.8
million.
Revenues
reflect
higher
FaceIt
license
and
live
scan
maintenance
revenues.
Net
loss
reflects
lower
gross
margins
and
higher
sales,
marketing
and
product
development
costs
and
$2.2
million
in
merger
related
costs. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Joseph Atick, Ph.D. | Chairman,
Pres, CEO | Robert Gallagher | CFO | Paul Griffin, Ph.D. | CTO | Michel Halbouty | VP-
Manufacturing and Operations | Robert Bridigum | VP
of New Product Devel., DBI Division |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|