| Business Summary | | ID
Technologies
Corp.
is
primarily
a
licensing
company
and
is
in
the
business
of:
developing
and
marketing
its
patented
self-authenticating
fingerprint
technology
for
applications
where
authentication
of
the
identity
of
the
owner
of
the
card
is
important
(the
Technology);
and
selling
exclusive
and
nonexclusive
licenses
to
use
the
Technology.
The
Technology
includes
patented
and
trade
secret
technologies
that
are
designed
to
allow
authentication
and
re-authentication
of
biometric
skin
surfaces,
including
finger
and
thumbprints.
The
Technology
is
designed
to
identify
authorized
card,
document
and
other
item
users
by
means
of
self-authenticating
panels/substrates
which
register
and
re-authenticate
authorized
users
without
the
assistance
of
databases
or
external
devices
of
any
sort. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ID
Technologies
Corp.
is
in
the
business
of
developing
and
marketing
a
patented
self-authenticating
fingerprint
technology
for
applications
where
authentication
of
the
owner
of
the
card
is
important.
For
the
six
months
ended
6/30/01,
revenues
totaled
$35
thousand,
up
from
$0.
Net
loss
decreased
45%
to
$211
thousand.
Revenues
reflect
a
license
transfer
fee
from
SafeNet.
Lower
loss
reflects
reduced
amortization
of
debt
discounts. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| William Lane, 67 Chairman
and Treasurer | $30K | J. Phillips Johnston, 60 Pres,
CEO | 38K | Harold Reddick, Jr., 44 Sec. | -- | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|