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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identix inc. and revenue - All News and Analysis
Identix Reports Fiscal Third Quarter Results
MINNETONKA, Minn. -- Identix Incorporated (Nasdaq:IDNX) today reported financial results for its fiscal 2006 third quarter and nine months ended March 31, 2006. Fiscal 2006 third quarter revenues were $20.8 million, compared to year-earlier third quarter revenues of $20.3 million. Overall fiscal 2006 third quarter gross margin improved to 37%...
Identix Comments on Fiscal 2005 Fourth Quarter Results; Provides Revenue Growth Expectations for the Fiscal 2006 Year
MINNETONKA, Minn. -- Identix Incorporated (Nasdaq:IDNX) said today that revenue and loss per share for its fiscal 2005 fourth quarter ending June 30, 2005 will fall below the expectations provided by the Company on August 12, 2004 and reaffirmed on April 27, 2005. Based on its preliminary and unaudited review...
Identix Reports Third Quarter Results; Record Biometric Sales Lead to Sixth Consecutive Quarterly Increase in Revenue and 82% Year-over-Year Increase in Quarterly Product Revenue
MINNETONKA, Minn. -- Identix Incorporated (Nasdaq:IDNX), the world's leading multi-biometrics technology company, today reported financial results for its fiscal 2005 third quarter and for the nine months ended March 31, 2005. Fiscal 2005 third quarter revenue increased 40% to $20.3 million, compared to revenue of $14.5 million in the same...
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...
Identix Reports First Quarter Results; Record First Quarter Revenues
SUNNYVALE, Calif.--BUSINESS WIRE--Oct. 27, 1998--Identix Inc. (ASE:IDX), a leading provider worldwide of fingerprint-based live-scan and biometric verification systems, Tuesday announced that for the 1999 fiscal first quarter ended Sept. 30, 1998, revenues rose to a record first-quarter high of $20.8 million, up from the previous year's first-quarter revenues of...
Identix Reports Year-End Results
SUNNYVALE, Calif.--BUSINESS WIRE--Aug. 6, 1997--Identix Inc. (ASE:IDX) Wednesday announced that revenues for the fiscal year ended June 30, 1997 reached an all-time high of $52.4 million, a 36 percent gain over the previous year's revenues of $38.5 million. Product revenues were $26.5 million, which represented approximately a 60 percent...
Identix reports second quarter, six-month results; six-month revenue a record high as product sales increase strongly
SUNNYVALE, Calif.--BUSINESS WIRE--Jan. 22, 1997--Identix Inc. (ASE:IDX) on Wednesday announced that its revenues for the fiscal second quarter and six months ended Dec. 31, 1996, were $11.6 million and $23.7 million, respectively, representing increases of 57 percent and 58 percent over year-earlier revenues of $7.4 million and $14.9 million.
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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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