PRESS RELEASES
IQ
BIOMETRIX FACES DIVISION SECURES $100K CONTRACT
Joint Initiative Targets Growing Forensics Education Market
FREMONT,
Calif., September 13, 2004 -- IQ Biometrix Inc. (OTCBB:IQBM),
a worldwide provider of integrated law enforcement and security
solutions, announced today that it has received a $100,000
order from Ward’s Natural Science, a division of VWR
International, a worldwide distributor of scientific equipment,
supplies, chemicals and equipment to industrial, government,
life science, education, electronics and pharmaceutical
markets.
The
contract launches a joint initiative to develop forensic
kits based on FACES EDU technology, designed for the education
industry. The products will be marketed and sold through
Ward’s sales channels including an existing client
base of more than 1,400,000 teachers.
“We
believe this partnership with one of the nation’s
leading school science resource distributors will enable
us to rapidly extend IQBM’s technology into the educational
market,” said William Scigliano, CEO and President
of IQ Biometrix. “With the growing interest in using
forensics to teach basic science principles and to prepare
for careers in crime scene investigation, we view this market
as a significant opportunity.”
“The
initiative builds on Ward’s deep educational expertise
and client base, and IQBM’s broad law enforcement
experience and credibility, to provide authentic, advanced
forensic technologies and resources to science teachers
across the U.S.,” said Jeff Douglass, President of
Ward’s Natural Science. “The unique language
capabilities of FACES technology will facilitate a worldwide
rollout of the products through Ward’s international
distributors covering more than 48 countries.”
"We
believe the Ward's initiative demonstrates the development
of FACES technologies and applications that will continue
to strengthen as we move forward with the merger of IQBM
and Wherify Wireless," said William Scigliano. “Education
is also a market that we believe can be tapped for Wherify's
GPS location products and services following consummation
of our anticipated merger.”
As previously
disclosed, IQBM has entered into a definitive agreement
and plan of merger with Wherify Wireless Inc. of Redwood
California, a leading provider of Aided-GPS location products
and services.
About
Ward’s Natural Science
Ward’s Natural Science provides science education
materials for middle, high school and college classes. Materials
cover a wide range of science disciplines including biology,
geology, chemistry, life and earth, environmental and physical
science studies. Based in Rochester, New York, Ward’s
is a division of VWR International, a worldwide distributor
of scientific equipment, supplies, chemicals and equipment
to industrial, government, life science, education, electronics
and pharmaceutical markets. Further information about Ward’s
can be found at www.wardsci.com.
About
IQ Biometrix
IQ Biometrix, Inc. provides law enforcement and security
technology solutions to law enforcement and other government
agencies and to private industry. IQ Biometrix, an innovative
California-based company, is a provider of FACESTM, facial
composite technology for law enforcement agencies in North
America. Additional information about IQ Biometrix, Inc.
can be found at www.iqbiometrix.com.
Statements in this press release regarding the transaction
between IQ Biometrix (IQBM) and Ward’s and the future
opportunities between the two companies and any other statements
about IQBM or Ward’s or their future expectations,
beliefs, goals, plans or prospects constitute forward looking
statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Any statements that are not
statements of historical fact (including statements containing
the words "believes," "plans," "anticipates,"
"expects," "estimates" and similar expressions)
should also be considered to be forward looking statements.
There are a number of important factors that could cause
actual results or events to differ materially from those
indicated by such forward looking statements, including:
the ability to successfully market and sell the product,
the ability of the companies to successfully implement their
business plans, and the ability to realize anticipated synergies
between the two companies. The risks and uncertainties include
uncertainties related to general economic conditions and
overall demand within each company's markets and among their
respective current and prospective customers, and the rate
of adoption of FACESTM 4.0 by existing and potential customers.
Other risk factors that may affect IQBM's financial performance
are listed in our various reports on file with the SEC,
including our fiscal year 2003 annual report on Form 10-KSB
and our quarterly reports on Form 10-QSB for the first and
second quarters of fiscal 2004. IQ Biometrix undertakes
no obligation to publicly release any revisions to these
forward-looking statements, which may be made to reflect
events or circumstances after the date hereof or to reflect
the occurrence of unanticipated events.
Contacts:
IQ Biometrix,
Inc.
Mike Walsh, 888-321-5553
or
Liviakis Financial Communications
John Liviakis, 415-389-4670
Ward’s
Natural Science
Norb Longtin, 585-321-9470
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