Intellicheck Mobilisa, Inc. (NYSE Amex: IDN), a leader in ID Verification and Wireless Technology, today announced that the company has signed a software licensing agreement for Intellicheck Mobilisa’s ID Check software with a prominent hardware manufacturer.
“We have been working this licensing agreement for quite some time,” stated Steve Williams, CEO of Intellicheck Mobilisa. “This hardware manufacturer is well known worldwide. The licensing agreement now enables our patented software to be bundled with its hardware solutions, which we believe provides a tremendous opportunity for the company.”
Intellicheck Mobilisa’s ID Check technology scans the bar code or magnetic strip on the back of a driver’s license and uses the data to automatically fill in the information on a digital form. The entire scanning process takes about 1 second. Intellicheck Mobilisa maintains the ability to process this data accurately for all 50 states and Canada and holds patent protection for its technology.
About Intellicheck MobilisaIntellicheck 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. For more news and information on ICMOBIL, please visit www.icmobil.com. Safe Harbor Statement Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. When used in this press release, words such as "will," "believe," "expect," "anticipate," "encouraged" and similar expressions, as they relate to the company or its management, as well as assumptions made by and information currently available to the company's management identify forward-looking statements. Actual results may differ materially from the information presented here. Additional information concerning forward-looking statements is contained under the heading of risk factors listed from time to time in the company's filings with the SEC. We do not assume any obligation to update the forward-looking information.
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