JERICHO, N.Y.--(BUSINESS WIRE)--
Intellicheck Mobilisa, Inc. (NYSE MKT:IDN), an industry leader in delivering real-time threat identification and identification authentication technology solutions that provide the "antivirus" to the epidemic of counterfeit IDs, today announced that the Company’s shareholders and board of directors has approved a name change to “Intellicheck, Inc.” effective immediately.
“This name change is an important milestone in the history of the Company. It underscores our success in the focused execution of our strategic plan that has allowed us to establish ourselves as an industry leader in identification authentication and threat identification solutions. We believe our new company name emphasizes our fundamental focus on intelligently checking IDs to identify threats targeting our defined markets. We identify the threat of fraud to our financial and retail markets; of non-compliance with age-restricted sales; and of criminals and terrorists to our law enforcement personnel and critical infrastructure facilities. We believe the name change to 'Intellicheck' reflects the current and future direction of our Company and points to our focus and strength as proven innovators of solid solutions within our defined verticals,” said Intellicheck CEO Dr. William Roof. “Going forward, we will continue our emphasis on addressing market needs with state-of-the-art products, executing effective growth strategies, and building long-term shareholder value,” he concluded.
Only Intellicheck’s patented identification authentication solutions provide real-time, accurate authentication of a credential by matching the encoded information stored in the barcode with our proprietary database of known authentic formats. Intellicheck’s technology solutions address a critical requirement for clients, including many Fortune 100 and 500 companies, who must be able to authenticate identification credentials in real time that are presented by an individual. With over twenty years of experience in identification technology, Intellicheck designs products to meet the demands of today’s network-centric and mobile world with complete end-to-end solutions that can be customized to meet a client’s specific needs.
About Intellicheck NYSE MKT:IDN
Intellicheck is the industry leader in technology solutions that are the "antivirus" to the epidemic of counterfeit IDs providing real-time threat identification and identification authentication. Our technology solutions make it possible for our clients to enhance the safety and awareness of their facilities and people, improve customer service, and increase operational efficiencies. Founded in 1994, Intellicheck has grown to serve dozens of Fortune 500 companies including retail and financial industry clients, police departments, national defense clients at agencies, major seaports, and military bases, and diverse state and federal government agencies. The Company holds 25 patents including many patents pertaining to identification technology. For more information on Intellicheck, please visit http://www.intellicheck.com/ and follow Intellicheck on Twitter @IntellicheckIDN, on Instagram @IntellicheckIDN, on LinkedIn https://www.linkedin.com/company/intellicheck-inc, on Facebook https://www.facebook.com/intellicheckidn/ on YouTube https://www.youtube.com/user/ICMOBIL, and read Intellicheck’s latest blog post at http://intellicheckidn.com/.
Cautionary Statement Regarding Forward Looking Statements
The statements in this press release that are not historical facts may constitute forward looking statements including, without limitation, management's future expectations, beliefs, intentions, goals, strategies, plans or prospects, and statements that are based on current expectations and are subject to risks and uncertainties that could cause actual future results to differ materially from those expressed or implied by such statements. Those risks and uncertainties include, but are not limited to, risks related to general market conditions, development and product commercialization activities, and the success of its research, development and expansion of sales and marketing team, plans and strategies. These and other risks and uncertainties are identified and described in more detail in Intellicheck's filings with the Securities and Exchange Commission, including, without limitation, its Annual Report on Form 10-K for the year ended December 31, 2016, its Quarterly Reports on Form 10-Q, and its Current Reports on Form 8-K. Intellicheck undertakes no obligation to publicly update or revise any forward-looking statements.
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