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Intellicheck Mobilisa Signs Contract With Major International Banking Firm

Stocks in this article: IDN

Intellicheck Mobilisa, Inc. (NYSE Amex:IDN), a leading technology company specializing in wireless and identity systems, announced today receipt of a contract from a major international banking firm, valued at approximately $600,000. Intellicheck Mobilisa (ICMOBIL) has been selected to integrate the Company’s patented ID Check® product into the banking firm’s teller transaction system.

ID Check software instantly reads, analyzes and verifies the encoded data in barcodes and magnetic stripes on government-issued IDs such as driver licenses. When coupled with existing systems, ID Check’s seamless integration enhances productivity, security and accuracy.

This latest contract integrates ID Check into the banking firm’s in-house transaction system, allowing their tellers to speed up banking enrollments and transactions, while also providing enhanced security and identity fraud protections.

“This latest integration is a significant sale of our ID Check software,” stated Steve Williams, CEO of Intellicheck Mobilisa. “This is just the first phase of what we hope to be many more sales of our ID Check software and hardware solution. We are optimistic that once this leading global financial institution fully realizes the scope of what ID Check has to offer, this contract will continue to grow. We are very happy to add them to our customer list, and look forward to providing them with our world-class customer service and technology.”

About Intellicheck Mobilisa

Intellicheck Mobilisa (ICMOBIL) is a leading technology company that is engaged in developing and marketing wireless technology and identity systems for various applications, including mobile and handheld access control and security systems for the government, military and commercial markets. ICMOBIL’s products include the Fugitive Finder system, an advanced ID card access control product currently protecting approximately 100 military and federal locations; ID-Check, a patented technology that instantly reads, analyzes, and verifies encoded data in magnetic stripes and barcodes on government-issued IDs from U.S. and Canadian jurisdictions, designed to improve the Customer Experience for the financial, hospitality and retail sectors; and Aegeus, a wireless security buoy system for the government, military and oil industry.

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