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U.S. Navy Awards $500,000 Contract to Intellicheck Mobilisa, Inc. for Port Security


Published on 2010-09-30 11:45:18 - Market Wire
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PORT TOWNSEND, Wash.--([ BUSINESS WIRE ])--[ Intellicheck Mobilisa, Inc ]. (AMEX:IDN), a global leader in identity technology, access control and wireless security systems, announced today that the U.S. Navy added approximately $500,000 of additional R&D funding for the Companya™s Floating Area Network (FAN) technology and Littoral Sensor Grid (LSG) wireless security buoy project.

"The wireless buoys project has been recognized by the Department of Defense and the intelligence community as a vital element of waterway and port security"

The wireless security buoys provide a high-capacity sensor and communications network that provides real-time monitoring and reporting of littoral marine environments. The projecta™s key focus is anti-terrorism, with sensors integrated into the network to provide an outer perimeter early warning capability. As a secondary function, the buoys measure and report critical water quality factors that affect fragile marine ecosystems.

Intellicheck Mobilisa, Inc. developed the buoy platforms and began testing integrated sensor suites in Puget Sound in 2008, with a goal of enhancing waterside and port security. Since then, the system and its extensive capabilities have advanced to a level of sophistication that has gained national interest.

aThe wireless buoys project has been recognized by the Department of Defense and the intelligence community as a vital element of waterway and port security,a stated Dr. Nelson Ludlow, Intellicheck Mobilisa CEO. aThis additional funding allows us to add new detection capabilities and further the previously successful research.a

For more news and information on Intellicheck Mobilisa, please visit [ www.icmobil.com ] where you can find the CEOa™s video, a fact sheet on the company, investor presentations, and more.

About Intellicheck Mobilisa

Intellicheck Mobilisa is a leading technology company, developing and marketing wireless technology and identity systems for various applications including: mobile and handheld wireless devices for the government, military and commercial sectors. Products include the Defense ID system, an advanced ID card access control product currently protecting over 80 military and federal locations, and ID-Check, patented technology that instantly reads, analyzes, and verifies encoded data in magnetic stripes and barcodes on government-issue IDs from U.S. and Canadian jurisdictions for the financial, hospitality and retail sectors.

Safe Harbor Statement

Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. When used in this press release, words such as "will," "believe," "expect," "anticipate," "encouraged" and similar expressions, as they relate to the company or its management, as well as assumptions made by and information currently available to the company's management identify forward-looking statements. Actual results may differ materially from the information presented here. Additional information concerning forward looking statements is contained under the heading of risk factors listed from time to time in the company's filings with the SEC. We do not assume any obligation to update the forward-looking information.

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