IRVINE, Calif., Jan. 19, 2006 (PRIMEZONE) -- "As the Homeland Defense sector welcomes more competitors and companies, those that have created market momentum should rise to the top of the proverbial pack perhaps even being snapped up by competing firms," stated SmallCap Sentinel analyst D.R. Clark. "Maybe it's a new way to detect dangerous explosives or chemicals, or perhaps it's just an effective facial recognition technology."
"The recently announced acquisition of biometric security technology developer Identix Inc. (Nasdaq:IDNX) by Viisage Technology Inc. (Nasdaq:VISG) worth an estimated $770 million -- signals yet another money-where-your-mouth-is decision by a major company looking to secure more critical technology," said Clark. Viisage is primarily known for its facial recognition software while Identix provides facial recognition and fingerprint recognition services. Identix, valued by the market at about $699 million, reported trailing twelve-month revenues of $79.88 million."
An informational report titled "Homeland Defense and the Market" is available at www.SmallCapSentinel.com. The report details the rise of Homeland Defense as a growth industry and will discuss a variety of homeland defense related public companies including secure identity company, Digimarc Corp. (Nasdaq:DMRC) and Technest Holdings, Inc. (OTCBB:TCNH)
Technest Holdings, Inc., valued by the market at just over $93 million, has a current revenue run-rate of approximately $76 million. Technest is a provider of: advanced remote sensor systems, chemical detectors, intelligent surveillance and advanced 3D imaging technology solutions to the defense and homeland security marketplaces. Technest is committed to setting next-generation standards in defense and security through the provision of innovative emerging technologies and expert services. Technest's solutions support military, law enforcement and homeland security personnel.
An informational report titled "Homeland Defense and the Market" is available at www.SmallCapSentinel.com
A detailed informational report regarding Technest is available free to the public at the following link: http://www.stockupticks.com/profiles/1-19-06.html
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Statements made herein contain forward-looking statements and are subject to significant risks and uncertainties that will affect results. SmallCapSentinel and StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect any proposed actions and cannot project capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be reliable but no representation is made as to accuracy or completeness. This report is neither a solicitation to buy or offer to sell securities but is rather a paid advertisement provided for information purposes only and shouldn't be used as the basis for investment decisions. MP is not an investment advisor and this report is not investment advice. MP was paid twenty-four thousand dollars by Technest Holdings for this profile and other advertising services over a ninety-day period. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding the subject companies.