SAFLINK Corp. (SFLK) - 500 Beiträge pro Seite

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Press Release Source: Saflink Corporation

Saflink Expands Partnership for Registered Traveler Program to Deliver Expedited Security and Services for Travelers
Monday December 12, 8:00 am ET
Saflink, Microsoft, Johnson Controls, Expedia Corporate Travel and ID Tech Partners Join Forces to Spearhead Participation in $3 Billion US Market for Registered Travelers

BELLEVUE, Wash., Dec. 12 /PRNewswire-FirstCall/ -- Saflink® Corporation (Nasdaq: SFLK - News), a leading provider of solutions for secure access, identity assurance and productivity today announced an additional group of participants in a significant partnership to deliver frequent travelers expedited access to travel using a progressive financial instrument. The goal of the partnership is to provide a biometrically secured identity card capable of providing both assurance of a traveler`s identity as well as offering travel related benefits. The partnership intends to add a credit component to the card -- to be named later -- that would provide a vehicle for the first secure card to be used for identification, access control and credit.

Today, Microsoft® (Nasdaq: MSFT - News) and Saflink are joined by Johnson Controls®, Inc. (NYSE: JCI - News), a leading provider of facilities services, infrastructure and security systems at airports and other travel terminals; Expedia® Corporate Travel (Nasdaq: EXPE - News), a leading on-demand, full-service corporate travel agency; and ID Technology Partners®, an expert in public credentialing and privacy. The partnership expects to announce their selection of a financial partner from several top tier candidates in the upcoming weeks. The partners will be available for comments and questions today at the Fifth Annual AAAE Aviation Security Summit, hosted in conjunction with the Department of Homeland Security and the TSA in Washington, DC.

This powerful team, in cooperation with the Transportation Security Administration (TSA) and airports, will work to offer improved Homeland Security and an expedited travel experience to participants across a large number of domestic airports. To join, participants will provide the TSA with voluntary personal information, which when combined with their biometric data, would supply the identity assurance elements that will then be integrated with other benefits provided through an optional credit capability.

The partnership plans to deliver value to a market comprised of more than 38 million frequent travelers flying more than seven trips each year. Travelers with fewer trips would also be able to participate. The fee for use of this card and the program it represents is expected to be less than $100 annually per participant. With more than 38 million travelers in this powerful demographic, the market opportunity is $3 to $4 billion per year. The team estimates more than 280 million trips are associated with this target group with travel activities generating an excess of $200 billion in travel related revenue for airlines, airports, hotels and other travel service providers.

During the initial phase of the partnership, the team plans to not only deliver on the needs of the Registered Traveler program, but also to supplement its solution by adding other travel offerings such as customized travel services, discounts and premium parking. As the partnership matures and further develops the solution, the team plans to offer protection for identity theft and other forms of consumer credit fraud, expedited event admission, as well as expansion into other forms of travel.

"Frequent air travelers have continually called for efficiency and better productivity in travel. We believe this partnership will deliver these efficiencies, from the first Web logon to the point where travelers take their seats. Their frequent trips and related spending patterns make them the most sought after customers of the airlines, ancillary travel service companies, airports and terminals themselves," said Glenn Argenbright, CEO of Saflink. "Saflink is pleased to be the catalyst behind this initiative which is an essential part of our strategy and business plan. This is extremely important to Saflink`s future and we look forward providing leadership for the team."

About Saflink

Saflink Corporation offers biometric security and smart card solutions that protect intellectual property, secure information assets and eliminate passwords. Saflink Identity Assurance Management solutions allow administrators to verify identity and control access to computer networks, physical facilities and applications. Saflink also offers protection and privacy for email, web applications and electronic documents. For more information, please visit http://www.saflink.com or call 800-762-9595.

NOTE: "Saflink" is a registered trademark of Saflink Corporation. Microsoft, Johnson Controls, Inc., Expedia Corporate Travel, and ID Technology Partners are registered trademarks of their respective companies.

This release contains information about management`s view of the company`s future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors. For example, our ability to license technologies from third parties in connection with the partnership will be critical to our ability to offer a complete solution that meets the needs and technological requirements of the TSA. Our reliance on third party technologies for some specific technology elements of our solutions and our reliance on third parties for manufacturing could impair our ability to develop and deliver products or hurt our ability to compete in the market. Other risks and uncertainties include those associated with our financial condition, our ability to sell products, our ability to compete with competitors and the growth of the security market, and those detailed in our Annual Report on Form 10-K, as well as other documents we periodically file with the Securities and Exchange Commission.

Saflink PRESS CONTACT:
Sterling Communications
Rachel Berry
[phone]
[e-mail]

INVESTOR RELATIONS CONTACT:
Investor Awareness, Inc.
Tony Schor
[phone]
[e-mail]


Source: Saflink Corporation


da wird eine Neubewertung fällig!!!

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New York Times Artikel:

Competition in Registered Travel
By JOE SHARKEY

Published: December 13, 2005

COMPETITION IN REGISTERED TRAVEL There is growing competition in the nascent Registered Travel program that enables passengers to move more quickly through airport security. The program is run by private companies under federal supervision, and passengers pay a fee to be prescreened to get a biometric encoded identification card, which uses fingerprints and iris scans. Right now, the only operating program is called Clear, run at the airport in Orlando, Fla., by Verified Identity Pass of New York. Yesterday, the Saflink Corporation, a security company based in Bellevue, Wash., said it had expanded a partnership that now includes Microsoft to compete in the Registered Traveler program. Other partners include Johnson Controls., Expedia Corporate Travel and ID Technology Partners. The Transportation Security Administration has said a wide rollout of the program beyond Orlando would begin next year at airports nationally. At Orlando, more than 11,000 frequent fliers have already signed up for Clear, which costs $79.95 a year, the company`s founder, Steven Brill, said. Saflink, in announcing yesterday that it had expanded its partnership, said its competing card could also be used as a credit card.