Identix Gets $750,000 Order for Scanners

Oct. 8, 2004
Company's stocks jump 5.4 percent in pre-market activity following news

Biometrics firm Identix Inc. said that it received an order from a federal agency for $750,000 worth of its handprint scanning systems, which will be used for criminal bookings and performing employee background checks.

Identix's shares jumped on the news, rising 5.4 percent, or 37 cents, to $7.24 during pre-market activity on the Nasdaq, according to INET. The stock opened the regular session at $7.15, up 4.1 percent.

An undisclosed number of TouchPrint 3800 scanners will be installed throughout the fiscal year ending June 30, the company said. The device captures high-quality images of an entire handprint, including fingerprints, carpal crease and cup of the palm.