Business Services Industry
UK's Home Office Selects Cogent Systems Software for the Initial Phase of the Biometric UKvisas Program
Business Wire, Nov 2, 2006
SOUTH PASADENA, Calif. -- Cogent Systems (Nasdaq:COGT) today announced that the United Kingom's (UK) Home Office has selected Cogent to provide software for the UKvisas Biometrics Program. The software solution will support the capture of both fingerprint and facial images.
The UKvisas Biometrics Program is providing equipment to approximately 250 locations worldwide to capture biometric fingerprint and facial image data for all visa applicants. UKvisas goal is to introduce fingerprinting by 2008 for all visa applicants before they travel to the UK. Cogent's software will be integrated into the approximately 1,000 livescan units being rolled out in this phase of the UKvisas program. The software will support the recording and verification of 10-print fingerscans, fingerprint verification matching of applicants as well as enable the recording of facial images per ICAO standards. Cogent will also provide software consulting as well as help desk and incident management services. Current expectations are for an initial roll out by February 2007.
"Cogent clearly demonstrated the strength of their technology and customer support throughout the evaluation process," commented Andrew Pestell (Procurement and Commercial Manager) from the UK Home Office. "The implementation of this software will contribute a significant step towards our goal of introducing fingerprinting for all visa applicants."
"We are very pleased to announce this contract award in the UK which is in the process of rolling out many anticipated biometric programs," commented Ming Hsieh, President and Chief Executive Officer of Cogent. "Cogent's ability to deliver and to integrate highly advanced software which enables the fast and accurate recording of both fingerprint and facial images with a high level of customer support were key factors in our success. We believe our involvement with this stage of the UKvisas program potentially positions us well for other discussed biometric initiatives in the UK including the AFIS related to the UK visas program, UK-eBorders and a potential National ID card program."
Additional Background on UKvisas
The UK Home Office, together with other central government departments and their related bodies, has the task of implementing government policy by utilizing biometric recording and verification technology. In particular, Ministers have committed UKvisas (a body set up jointly by the Home Office and the Foreign and Commonwealth Office), to introduce fingerprinting by 2008 for all visa applicants before they travel to the UK. One of several biometric enabled programs, the UKvisas Biometrics Program is providing equipment to approximately 250 locations worldwide to capture biometric fingerprint and facial image data for all visa applicants.
About Cogent Systems
Cogent is a leading provider of Automated Fingerprint Identification Systems, or AFIS, and other fingerprint biometric solutions to governments, law enforcement agencies and other organizations worldwide. Cogent's AFIS solutions enable customers to capture fingerprint images electronically, encode fingerprints into searchable files and accurately compare a set of fingerprints to a database containing potentially millions of fingerprints in seconds. For more information, please visit www.cogentsystems.com
Forward-Looking Statements
This press release contains, in addition to historical information, forward-looking statements. Such statements are based on management's current estimates and expectations and are subject to a number of uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Cogent is providing this information as of the date of this press release, and expressly disclaims any duty to update information contained in this press release.
Forward-looking statements in this press release include, without limitation, express and implied statements regarding Cogent's future international growth, and opportunities in the UK eBorders and potential National ID card programs. These forward-looking statements involve risks and uncertainties which could cause actual results to differ materially from those expressed or implied here. Readers are referred to Cogent's Report on Form 10-Q for the quarter ended June 30, 2006 filed by Cogent with the Securities and Exchange Commission which identifies important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including but not limited to: changes in government policies; deriving a significant portion of revenues from a limited number of customers; deriving a significant portion of revenues from the sale of solutions pursuant to government contracts; failure of the biometrics market to experience significant growth; failure of Cogent's products to achieve broad acceptance; failure to successfully compete; failure to comply with government regulations; negative publicity and/or loss of clients due to security breaches resulting in the disclosure of confidential information; loss of export licenses or changes in export laws; failure to manage projects; rapid technology change in the biometrics market; loss of a key member of management team; termination of backlog orders; loss of limited source suppliers; negative audits by government agencies; failure to protect intellectual property; and exposure to intellectual property and product liability claims. The information contained in this press release is a statement of Cogent's present intention, belief or expectation and is based upon, among other things, existing industry conditions, market conditions, the economy in general and Cogent's assumptions. Cogent may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in its assumptions or otherwise. Cogent undertakes no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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