L-1 Identity Solutions Named Exclusive Provider Of Digital Fingerprinting Services For State Of Tennessee In A Contract Valued At $40 Million
L-1 Identity Solutions, Inc. (NYSE: ID), a leading supplier of identity solutions and services, was named the exclusive provider of digital fingerprinting services for the State of Tennessee in a contract valued at $40 million. The three-year contract with the Tennessee Applicant Processing Services (TAPS) program includes two additional one-year renewals for a potential combined contract duration of up to five years.
The fingerprints are necessary for citizens employed as child care workers, school employees and real estate and insurance agents. The prints are also required for those seeking a State and/or Federal license permit, such as commercial drivers seeking to transport Hazardous Materials (HAZMAT) and citizens seeking to carry a handgun. The State may add more groups to the L-1 fingerprinting network over time.
“We are excited to partner with L-1 to offer our citizens a secure method to provide fingerprints and background checks required for employment and license permits,” said Ed Jones, Deputy Director of the Tennessee Bureau of Investigation (TBI). "L-1 is a leader in electronic fingerprinting and their cutting edge technology will help us process and better protect the citizens of Tennessee from crime, theft and fraud.”
At the L-1 locations, prospective licensee and employee fingerprints are captured in a professional environment by a certified fingerprint technician using state-of-the-art technology that captures the prints without the use of ink and submits them electronically for processing via a secure private network. The applicant’s personal information and record remain secure and private by residing in the State’s central database system, not on personal computers at the fingerprint locations. With the L-1 service, criminal history results are received quickly and securely in a few days, not months. Faster results means agencies and organizations get the identity information needed to make licensing and hiring decisions more quickly and accurately than ever before.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV