Identix has $2.2 million in orders for its BioLogon authentication software

Published 3 January 2006

Minnesota biometric company sees growing orders for its solution

Minnetonka, Minnesota-based Identix is doing well. The company says that it continues to see solid demand for its biometric authentication technology in the commercial and enterprise space. During its fiscal 2006 year, which began 1 July 2005 and ends 30 June 2006, Identix has already received more than $2.2 million worth of orders for deployment of its BioLogon authentication software and enabling BioEngine authentication technologies and accompanying single finger readers. Included in that total are the recent orders for biometric logical access solutions for the banking and healthcare markets, with an aggregate value of approximately $600,000. Identix expects to recognize revenues from these new orders in its fiscal 2006 second and third quarters, ending 31 December 2005 and 31 March 2006, respectively.