L-1 Identity Solutions To Report First Quarter 2011 Financial Results On May 10, 2011
L-1 Identity Solutions, Inc. (NYSE:ID), a leading provider of identity
solutions and services, will report financial results for the first
quarter ended March 31, 2011 in the Form 10-Q which will be filed with
L-1 Identity Solutions, Inc. (NYSE:ID), a leading provider of identity solutions and services, will report financial results for the first quarter ended March 31, 2011 in the Form 10-Q which will be filed with the Securities and Exchange Commission (SEC) on May 10, 2011. In light of the Company's pending sale transaction, the Company will not hold a conference call to discuss these results nor provide 2011 financial expectations. About L-1 Identity Solutions L-1 Identity Solutions, Inc. (NYSE: ID) protects and secures personal identities and assets. Its divisions include Biometrics / Enterprise Access and Secure Credentialing solutions and Enrollment services. With the trust and confidence in individual identities provided by L-1, international governments, federal and state agencies, law enforcement and commercial businesses can better guard the public against global terrorism, crime and identity theft fostered by fraudulent identity. L-1 Identity Solutions is headquartered in Stamford, CT. For more information, visit www.L1ID.com. Forward Looking Statements This communication contains forward-looking statements that involve risks and uncertainties. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and reflect the Company’s current views based on management’s beliefs and assumptions and information currently available. Forward-looking statements concerning future plans or results are necessarily only estimates, and actual results could differ materially from expectations. Certain factors that could cause or contribute to such differences include, among other things, the availability of customer funding for L-1 products and solutions, general economic and political conditions, the timing of consummating the previously announced proposed merger with Safran SA, the risk that a condition to closing such transaction may not be satisfied or waived, the risk that a regulatory approval that may be required for such transaction is not obtained or is obtained subject to conditions that are not anticipated, the ability of the Company to successfully refinance or amend its credit agreement on a timely basis if required, and additional risks and uncertainties described in the Securities and Exchange Commission filings of L-1 Identity Solutions, including its Form 10-K for the year ended December 31, 2010. L-1 Identity Solutions expressly disclaims any intention or obligation to update any forward-looking statements.
L-1 Identity Solutions (NYSE:ID) hit a new 52-week high Tuesday as it is currently trading at $12, above its previous 52-week high of $11.96 with 2.4 million shares traded as of 9:36 a.m. ET. Average volume has been 2.1 million shares over the past 30 days.