BNET Industries
Last Fiscal Year Sales:$73.8M
- Private
- US
Dow Jones Description
Solutions from Identix nix the threat of security lapses. Founded in 1982 and headquartered in Minnetonka, MN, Identix Incorporated designs, develops, and markets biometric and other identification systems. The company offers systems for security, limited building access, law enforcement, fraud prevention, and other applications. Its products use biometric scans of the face, skin, and fingerprints and include live scan systems, mobile systems, and the related software modules. It sells to the law enforcement, defense contractor, gambling, finance, travel, transportation, business, and healthcare markets. The company had 2005 revenue of about $73.8 million and employs about 520 people. In May 2006, it announced a collaboration agreement with Sagem Defense Securite (Paris:FR0000073272) to deploy a large-scale, turnkey, multi-biometric system in Mexico for the Instituto Federal Electoral (IFE) to detect multiple registration and eliminate identity fraud in the Mexican national voter registry.
Number of Employees 519
Peer Companies
NAICS Code Computer Systems Design Services: 541512
News & Analysis
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company and identix inc. - All News and Analysis
Viisage and Identix Merge to Form L-1 Identity Solutions, Reflecting a Singular Focus on Protecting and Securing Personal Identities; Company's Stock Will Trade at NYSE:ID; CEO and Chairman Robert LaPenta to Ring Opening Bell Tomorrow
STAMFORD, Conn. -- The merger between Viisage Technology, Inc. (NASDAQ: VISG) and Identix Incorporated (NASDAQ: IDNX) was approved by shareholders and the Boards of Directors of both companies today, with the combined company now operating as L-1 Identity Solutions, Inc. The company's shares will trade on the New York Stock...
Dr. Atick Provides Additional Information on Recent Stock Sale
MINNETONKA, Minn. -- Dr. Joseph J. Atick, President & CEO of Identix Incorporated (Nasdaq:IDNX), provided additional information today on the Form 4 filed with the SEC last week disclosing the sale of 300,000 shares of Identix common stock in a block transaction. Dr. Atick stated that sale was made to...
Identix Holds Annual Meeting
MINNETONKA, Minn. -- Identix Incorporated (Nasdaq:IDNX) announced today that it held its Annual Meeting of Shareholders on Tuesday, November 15, 2005, in Bloomington, MN, as scheduled. A quorum of shareholders was present in person or by proxy. Three proposals were submitted to the shareholders and all three were approved: the...
Company Profile for Identix Incorporated
Identix Incorporated (Nasdaq:IDNX) is the world's leading multi-biometric technology company. Identix provides fingerprint, facial and skin biometric technologies, as well as systems, and critical system components that empower the identification of individuals in large-scale ID and ID management programs. The Company's offerings include live scan systems and services for biometric...
Identix Takes Actions to Reduce Expected Future Expense Related to Required Adoption FASB Statement No. 123®
MINNETONKA, Minn. -- Identix Incorporated (Nasdaq:IDNX), the world's leading multi-biometrics security technology company, said that in light of new accounting regulations that took effect for the Company on July 1, 2005, the Company accelerated the vesting of certain unvested stock options awarded to employees, officers and other eligible participants under...
InterAge completes first stage of Tsunami Victims Project: ITGJ, ALDN, IDNX, BCO.
M2 PRESSWIRE-9 March 2005-InvestSource Inc.: InterAge completes first stage of Tsunami Victims Project: ITGJ, ALDN, IDNX, BCOC1994-2005 M2 COMMUNICATIONS LTD RDATE:09032005 Stocks in the News: InterAge Limited (OTC: ITGJ), Aladdin Knowledge Systems Limited (NASDAQ: ALDN), Identix Incorporated (NASDAQ: IDNX), The ...
Identix Holds Annual Meeting
MINNETONKA, Minn. -- Identix Incorporated (Nasdaq:IDNX), the world's leading multi-biometrics technology company, announced today that it held its Annual Meeting of Shareholders on Thursday, October 28, 2004, in Bloomington, MN, as scheduled. A quorum of shareholders was present in person or by proxy. Two proposals were submitted to the shareholders...
Identix Reports First Quarter Results; Top-line Performance at High End of Company Expectations; Bottom-line Beats Expectations
MINNETONKA, Minn. -- Identix Incorporated (Nasdaq:IDNX) today reported financial results for its fiscal 2005 first quarter ended September 30, 2004. Fiscal 2005 first quarter revenue was $16.6 million, up 33 percent when compared to revenue of $12.5 million in the same quarter last year. Fiscal 2005 first quarter loss from...
Government study demonstrates leading performance for facial technology.
Digimarc ID Systems, LLC, a wholly owned subsidiary of Digimarc Corporation (Nasdaq:DMRC), recently announced that the facial recognition technology Digimarc sources for drivers license applications in North America, FaceIt, was a top performer according to the recent Facial Recognition Vendor Test FRVT 2002 sponsored by the...
Visionics Counters Special Interest Claims on Performance of Facial Surveillance
Business/Technology Editors JERSEY CITY, N.J.--BUSINESS WIRE--May 28, 2002 Recently, special interest groups have made statements in the media about facial surveillance that are both misleading and incorrect. These statements have called into question the effectiveness of facial surveillance and have cited a recently completed pilot of the...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Elissa J. Lindsoe | CFO |
| James H. Moar | COO |
| Mark S. Molina | Chief Legal Officer & Secretary |
| Paul Griffin | CTO |
| Daniel F. Maase | Senior Vice President, Hardware Engineering |
| Linda Howard | Senior Vice President |
| Michael R. Habouty | Senior Vice President, Operations |
| Damon Wright | Director, Investor Relations |
| Randy Hawks | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| George Latimer | Board of Directors |
| John E. Haugo | Board of Directors |
| Malcolm J. Gudis | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Identix Incorporated | CFO | Current |
| Secure Computing Corporation | Director of Finance and Controller | Former |
| University of Minnesota | BA in Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Identix Incorporated | COO | Current |
| Graco Inc. | Current | |
| International Paper Company | President | Former |
| DataCard Group | President | Former |
| Tennant Company | COO of publicly, traded | Former |
| DataCard Group | Chief Operating Officer | Former |
| DataCard Group | Senior Vice President, North America Industrial Business | Former |
| University of California, Berkeley | Masters in Policy Analysis | Former |
| Organization | Position | Status |
|---|---|---|
| Identix Incorporated | Chief Legal Officer & Secretary | Current |
| Vision Ics, Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| Identix Incorporated | CTO | Current |
| Organization | Position | Status |
|---|---|---|
| Identix Incorporated | Senior Vice President, Hardware Engineering | Current |
| Organization | Position | Status |
|---|---|---|
| Identix Incorporated | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Identix Incorporated | Senior Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Identix Incorporated | Director, Investor Relations | Current |
| Identix Incorporated | Director, Investor Relations | Former |
| Organization | Position | Status |
|---|---|---|
| Identix Incorporated | Board of Directors | Current |
| Vision Ics, Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| Identix Incorporated | Board of Directors | Current |
| Pointshare Corporation | Director | Former |
Malcolm J. Gudis was a director of Identix from 2001 until the company's merger with Viisage in 2006. In 1993, he retired as a Senior Vice President of EDS where he had worked for 22 years. For six of those years, he served as a member of EDS' Board of Directors, and for eight of those years, he served on EDS' seven man Leadership Council. Mr. Gudis also had direct responsibility for EDS' international, commercial business interests outside of North America, including operations in over 30 countries as well as worldwide responsibility for the market segments comprising the Communications, Transportation and Energy and Petrochemical industries. In 1998, Mr. Gudis was awarded the first International Alumni Award by The Max M. Fisher School of Business at Ohio State University. He currently serves on The Dean's Advisory Council at The Fisher College of Business at Ohio State University, The Board of Trustees of The Episcopal School of Dallas where he serves as Chancellor, The Carnegie Council on Ethics & International Affairs and numerous charitable and business organizations.
| Organization | Position | Status |
|---|---|---|
| The Ohio State University | Advisory Board | Current |
| Integrated Biometric Technology, LLC | Board of Directors | Current |
| L-1 Identity Solutions, Inc. | Board of Directors | Current |
| Americas Strategic Alliances LLC | Board of Directors | Current |
| Identix Incorporated | Board of Directors | Current |
| Episcopal School of Dallas | Board of Trustees | Current |
| Ed's World, Incorporated | President | Former |
Randy focuses on security solutions for both the digital and physical domains. His years as Executive Vice President/COO and Director at Identix are the foundation of his interest in this area of investment. Randy's strong background in IT includes serving as CEO and Director of Captiva Software, various senior management positions at Texas Instruments, ITT Information Systems and Sr. VP at AT&T Paradyne. He has also held directorships at Clairvoyant Software, Hipbone Software, Inapac, Invivodata, Flytecomm, View Central and Be Here. Currently Randy holds a board seat at three of CCV's portfolio companies: Shotspotter, Billeo, and Moteiv. Randy earned a BSEE from University of Arkansas and has completed the Stanford University Executive Management Program. He serves as the Venture Committee Chair for Keiretsu Forum.
| Organization | Position | Status |
|---|---|---|
| Claremont Creek Ventures | Managing Director | Current |
| Billeo, Inc. | Managing Director, Claremont Creek Ventures | Current |
| Billeo, Inc. | Executive | Current |
| The-Sr Incorporated | Current | |
| Moteiv Corporation | Current | |
| Invivodata, Inc. | Director | Current |
| Billeo, Inc. | Board of Directors | Current |
| Flytecomm Corporation | Director | Current |
| Identix Incorporated | Director | Current |
| Shotspotter, Inc. | Board of Directors | Current |
| Captiva Software Corporation | CEO | Former |
| Identix Incorporated | COO | Former |
| Identix Incorporated | Executive Vice President | Former |
| Claremont Creek Ventures | Co-Founder | Former |
| Novus Ventures | General Partner | Former |
| Horizon Ventures | Venture Partner | Former |
| Texas Instruments Incorporated | operating executive | Former |
| Captiva Software Corporation | Director | Former |
| University of Arkansas | Bsee | Former |
| Stanford University | Former |
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