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..Identix Launches itrust, a Wireless Web and Internet Security Service Business; Motorola Makes Investment in Identix to Support Launch of Identix's New itrust Division ..SUNNYVALE, Calif. & SCHAUMBURG, Ill. - July 10, 2000--Identix Inc. (AMEX:IDX) Monday announced the launch of a new secure-transaction service, itrust(TM), which will operate as a new division of Identix. ..In conjunction with the launch, Motorola (NYSE:MOT) announced that it has invested $3.75 million in Identix through the company's global, strategic venture capital investment arm, One Motorola Ventures. itrust is one of the first security service solutions designed to offer secure biometric authenticated transaction services for the Internet and wireless Web e-commerce marketplace through a server-based security infrastructure ..In addition, the companies have agreed to negotiate a broad Master OEM and Development agreement under which the two companies will work together in the development of biometric-enabled products and services for itrust. ..Motorola and Identix first announced a strategic alliance in May 1999 when they revealed intentions to establish an industry standard in fingerprint security through the development of advanced fingerprint reader technology employing Motorola's ImageMOS(TM) integrated circuits ..The announcement today of the itrust launch represents a major step toward the companies' goal of providing consumer security solutions for markets including e-commerce, PCs, wireless communications and financial services. .."Motorola is committed to driving the development of secure e-commerce over wireless communications," said Warren Holtsberg, corporate vice president and director, One Motorola Ventures. "We believe that itrust security solutions have the potential to become a new standard in e-commerce transactions, and in a variety of wireless communications." ..Identix president and interim CEO Jim Scullion commented: "itrust services and solutions will provide the much-needed missing authentication link and solution for security in the e-commerce market. The itrust solution offering will position Identix and itrust to capture the momentum that is building in the e-commerce and wireless Web spaces. .."The itrust solution and technology will provide user convenience for positive secure authentication and trust for transaction management. Our relationship with Motorola is very significant and strategic to Identix. We look forward to serving the marketplace with biometric-enabled Motorola products and itrust services." ..itrust will provide the Internet and wireless Web infrastructure with a full range of security services covering positive user authentication connection that complement existing PKI security solutions. These services are designed to secure wireless and Web-based information in the business to business (B2B) and business to consumer (B2C) marketplace. .."As the wireless Internet takes off, Motorola is tackling security issues head on by aligning with key players such as Identix," said Janiece Webb, senior vice president and general manager, Motorola's Personal Networks Group. "Motorola's goal is to make wireless Internet transactions as secure as if the consumer were making a purchase at a check-out line or obtaining e-mail or data behind a secure firewall." ..Grant Evans, vice president and general manager of the IT security and itrust divisions of Identix said: "We see itrust as the new archetype for secure services and devices. In the last several months the Motorola/Identix relationship has made dramatic breakthroughs in security realms and in biometrics technology, producing what we believe are the world's most affordable and smallest optical readers. .."Our continuing relationship with Motorola and the adoption of biometric technologies by world leaders in the PC industry, such as Compaq Computer, Dell Computer, Novel, Microsoft and now the wireless marketplace with Motorola and itrust, signals broad adoption for biometrics on a global basis." About Motorola ..Motorola Inc. is a global leader in providing integrated communications solutions and embedded electronic solutions. Sales in 1999 were $33.1 billion. More company information is available at www.motorola.com. One Motorola Ventures (1MV) is the global, strategic venture capital investment arm of Motorola Inc. 1MV actively invests at early stages in developing companies of strategic value to Motorola in order to accelerate access to new technologies, new markets and new talent. About Identix ..Identix (www.Identix.com) is a leader in designing, developing, manufacturing and marketing products for the capture and/or comparison of fingerprints for security, anti-fraud, law enforcement, physical access and other applications. Identix designs and develops proprietary, cost-effective, security products and solutions for personal identification and verification. ..Identix provides a wide range of applications to markets that include corporate enterprise security, Intranet, extranet and Internet access and security, e-commerce, government and law enforcement agencies. Identix's partners include Motorola (NYSE:MOT), Compaq (NYSE:CPQ), Key Tronic (Nasdaq:KTCC), SCM Micro (Nasdaq:SCMM), Cherry GmbH (Nasdaq:CHER) and Unisys (NYSE:UIS). ..The statements in this release that relate to future plans, events or performance are forward-looking statements that reflect the companies' current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance on the safe harbor provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. The companies caution investors that any forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied in such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with: development of the marketplace for biometrics solutions; demand for the companies' products and services; the ability of the companies' alliance to succeed and in particular, the ability of the companies to complete product development and broadly disseminate the companies' products; and other risks as identified in the companies' respective SEC filings. The companies disclaim any intention or obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events. ..Note to Editors: itrust is a trademark of Identix in the United States and other countries.
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