Intellicheck and Spectrum Partner to Expand Adoption of Leading ID Authentication Technology Solutions

Datum : 07/12/2017 @ 14h11
Quelle : Business Wire
Name : Intellicheck, Inc. (IDN)
Kurs : 2.11  -0.03 (-1.40%) @ 00h03
Intellicheck, Inc. share price Chart

Intellicheck and Spectrum Partner to Expand Adoption of Leading ID Authentication Technology Solutions

Intellicheck, Inc. (AMEX:IDN)
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Intellicheck (NYSE AMERICAN: IDN) announced today the signing of a referral agreement with Spectrum, a prominent outdoor event concession company. The referral agreement empowers Spectrum to introduce organizations across the country to Age ID® and Age ID® Woodstock. The cutting-edge technology solutions deliver real-time, accurate Identification of fake and altered IDs effectively deterring underage access to age-restricted products and fraudulent purchases with or without network connectivity.

“The first time we used Age ID Woodstock was at a major outdoor music festival and we couldn’t have been more impressed. We caught more than 2,500 fake IDs that allowed us to avert the sale of alcoholic beverages to minors. I’m excited to introduce this innovative product line to other organizations across the country,” said Spectrum President and CEO Dave Smalley.

Spectrum is a nationally recognized concession, events and catering company. From the Super Bowl, PGA tournaments and other major league sporting events to Broadway, concerts, festivals and special events, Spectrum has earned a reputation for exceeding client expectations with unrivaled services.

“We are very pleased to welcome Spectrum to our growing circle of partners who we believe will make important contributions to our ongoing commitment to prevent underage access to age-restricted products and advance consumer confidence with innovative technology solutions,” commented Intellicheck interim CEO Bill White.

Age ID reads the data encoded on driver licenses and government issued IDs, verifying the authenticity of the ID and age information in real-time. It can be deployed on mobile devices including smartphones and tablets and can be integrated with point-of-sale solutions. Age ID Woodstock addresses the challenges associated with the absence of reliable network coverage, including connectivity and data throughput degradation, often experienced when large crowds overwhelm cellular network capacities. Age ID Woodstock is the ideal solution for sports venues, stadiums, concerts, festivals and theater locations across the nation where internet coverage is unavailable, inaccessible or unreliable.

About Intellicheck NYSE American: 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, 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/.

Safe Harbor Statement

Statements in this news release about Intellicheck’s future expectations, including: the advantages of our products, future demand for Intellicheck’s existing and future products, whether revenue and other financial metrics will improve in future periods, whether Intellicheck will be able to execute its turn-around plan or whether successful execution of the plan will result in increased revenues, whether sales of our products will continue at historic levels or increase, whether brand value and market awareness will grow, whether the Company can leverage existing partnerships or enter into new ones, and all other statements in this release, other than historical facts, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (PSLRA). These statements, which express management’s current views concerning future events, trends, contingencies or results, appear at various places in this website and use words like “anticipate,” “assume,” “believe,” “continue,” “estimate,” “expect,” “forecast,” “future,” “intend,” “plan,” “potential,” “predict,” “project,” “strategy,” “target” and similar terms, and future or conditional tense verbs like “could,” “may,” “might,” “should,” “will” and “would” are forward-looking statements within the meaning of the PSLRA. This statement is included for the express purpose of availing Intellicheck, Inc. of the protections of the safe harbor provisions of the PSLRA. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as market acceptance of Intellicheck’s products and the presently anticipated growth in the commercial adoption of the Company’s products and services, changing levels of demand for Intellicheck’s current and future products, Intellicheck’s ability to reduce or maintain expenses while increasing sales, customer results achieved using our products in both the short and long term, success of future research and development activities, Intellicheck’s ability to successfully manufacture, market and sell its products, Intellicheck’s ability to manufacture its products in sufficient quantities to meet demand within required delivery time periods while meeting its quality control standards, any delays or difficulties in the Company’s supply chain, the success of the Company’s sales and marketing efforts coupled with the typically long sales and implementation cycle for its products, Intellicheck’s ability to enforce its intellectual property rights, changes in laws and regulations applicable to the Company’s products, the Company’s continued ability to access government-provided data, the risks inherent in doing business with the government including audits and contract cancellations, liability resulting from any security breaches or product failure, and other risks detailed from time to time in Intellicheck’s reports filed with the SEC. We do not assume any obligation to update the forward-looking information.

IntellicheckMedia and Public Relations:Sharon Schultz (302) 539-3747orInvestor Relations:Gar Jackson (949) 873-2789

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