BNET Industries

Comnetix Inc.

CXI is in the Retail Industry

Last Fiscal Year Sales:$11.7M
  • Public
  • CA
Dow Jones Description

Comnetix Inc. (TSX:CXI) is a leading provider of biometric identification and authentication technologies to private and public sector organizations. Comnetix provides all aspects of system solution delivery, including software applications, systems architecture design, hardware procurement, custom-coded interfaces and databases, turn-key installation, end-user (or training-the-trainer) customer training, and automated software upgrades, followed by 24 hours per day seven days per week ("24/7") maintenance and support. Founded in 1980, Comnetix is also active in setting industry standards. In the early 1990s, it helped the FBI and other organizations develop standard protocols for the transmission of electronic fingerprints, known as Electronic Fingerprint Transmission Standards (EFTS). Comnetix was the first company in the US to transmit federally compliant electronic fingerprints to the FBI, and the first in Canada to establish a national distributed criminal intelligence database. Comnetix continues to set standards with its open architecture technology, which allows organizations to 1) identify people accurately and efficiently, 2) connect directly with other organizations' databases to share information in real-time, and 3) remove communication restrictions of varying biometric systems. ...

Contact Information

2872 Bristol Circle Suite 100

Oakville, Ontario L6H 6G4

comnetix.com

(905) 829-9988

NAICS Code Computer and Software Stores: 443120

News & Analysis

comnetix inc. - All News and Analysis

  • L-1 Identity Solutions Completes Acquisition of ComnetiX

    - 2007-02-21

    STAMFORD, Conn. -- L-1 Identity Solutions, Inc. (NYSE: ID) today completed the acquisition of ComnetiX Inc., first announced by L-1 in November 2006, at a price of US$1.17 per share, for a total purchase price of approximately US$17.83 million. The acquisition is expected to enhance L-1 Identity Solutions' fingerprint...

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  • ComnetiX Shareholders Approve Purchase by L-1 Identity Solutions

    - 2007-02-09

    STAMFORD, Conn. -- L-1 Identity Solutions, Inc. (NYSE:ID) announced that the shareholders and warrant holders of ComnetiX Inc. approved L-1's purchase of ComnetiX at a meeting of Comnetix' shareholders held on February 8, 2007. L-1's intention to acquire ComnetiX was first announced in November 2006. L-1 will pay ComnetiX...

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  • ComnetiX Board of Directors Re-affirms Support of L-1 Offer

    - 2007-01-26

    ISS Reverses Previous Recommendation and Advises Shareholders to Vote in Favor of L-1 STAMFORD, Conn. -- L-1 Identity Solutions, Inc. (NYSE:ID) today reported that the ComnetiX Board of Directors has reaffirmed support of the L-1 offer to purchase all issued and outstanding shares of ComnetiX stock. Additionally, one of...

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  • L-1 Identity Solutions Increases All-Cash Offer for ComnetiX Shares

    - 2007-01-11

    ComnetiX Board Unanimously Approves Amended Agreement with L-1 ComnetiX Shareholders Set to Vote on January 19, 2007 STAMFORD, Conn. -- Second graph, first sentence of release should read: In order to give effect to the increase in the purchase price offered to ComnetiX shareholders, on January 9, 2007...

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  • ComnetiX Inc. To Be Acquired by L-1 Identity Solutions.

    - 2006-11-15

    M2 PRESSWIRE-15 November 2006-TSX News: ComnetiX Inc. To Be Acquired by L-1 Identity SolutionsC1994-2006 M2 COMMUNICATIONS LTD RDATE:15112006 ComnetiX Inc. (TSX: TM) Inc provides secure identification and authentication solutions to both the public and private sectors throughout North America. ComnetiX offers...

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Decision Makers

Name (plus bio) Position
Edward F. Escubedo President
Alan Brousseau Vice President, Applicant Fingerprint Services
Joan Escubedo Vice President, Operations
John Conohan Vice President Fingerprinting Services
Michael Pearson Vice President, Marketing and Business Development

Organization Position Status
Comnetix Inc. President Current
Database Systems Manager Former
University of Toronto Former

Organization Position Status
Comnetix Inc. Vice President, Applicant Fingerprint Services Current
Comnetix Inc. Consultant Current
Concordia University Bachelor of Commerce Former
Osgoode Hall Law School Degree Former

Organization Position Status
Comnetix Inc. Vice President, Operations Current
Haynes Capital Corp Director Current
Comnetix Inc. Secretary Former

Mr. Conohan joined ComnetiX in September 2004 and serves as the Vice President of Fingerprinting Services. Mr. Conohan was with the Royal Canadian Mounted Police (RCMP) from 1971 to 1996. While with the RMCP Mr. Conohan served with General Detachment (uniformed duties), Plain Clothes Investigation, Customs and Immigration and Overseas Fraud Investigation. In 1994 Mr. Conohan incorporated International Fingerprint Services Canada (IFSC), where he serves as President until 2004.

Organization Position Status
Comnetix Inc. Vice President Fingerprinting Services Current
Finger Printing Services Vice President Current

Prior to joining ComnetiX as Vice-President Marketing and Business Development in 2005, Mr. Pearson served as Managing Director, North America at SMITHS-Heimann Biometrics, where he developed the North America Biometrics Business Unit from point zero. During his tenure there, he helped win significant federal and non-criminal contracts, as well as establish robust channel partner relationships that serviced the criminal justice market. Prior to joining SMITHS in 2000, Pearson served as both Vice-President of Sales International and North America at Identix. In 1986 Pearson was employed as Director of Sales at SAGEM/Morpho, Inc (SMI) where he helped drive the company's growth as it became one of the top AFIS companies in North America; he ended his career at SMI in 1996 as Vice-President Sales and Marketing.

Organization Position Status
Comnetix Inc. Vice President, Marketing and Business Development Current
Sagem Morpho, Inc. Director of Sales Former
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CXI $32.22 -1.14 (-3.42% )
Volume 10,787,671
Shares Outstanding 0.
Market Cap 0.
Year High 34.95
Year Low 16.80
Earnings Per Share 2.23
P/E Ratio 14.4484
Dividend 0.00
Yield 0.00
IndustryTop Rated
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