Intellicheck Mobilisa is engaged in developing and marketing wireless technology and identity systems for various applications, including mobile and handheld access control and security systems for the government, military, and commercial markets. Today, Intellicheck announced they have signed a contract with a major international banking firm.
The value of the contract is for $600,000, and has the potential to make Intellicheck an even larger competitor within their sector. Intellicheck will have their patented ID Check software integrated with the international banking firm's bank teller transaction system.
ID Check software instantly reads, analyzes, and verifies the encoded data in barcodes and magnetic stripes on government-issued IDs such as driver licenses. When coupled with existing systems, ID Check's seamless integration enhances productivity, security, and accuracy.
Leading the team at Intellicheck is Steve Williams whom serves as the company's CEO. In reference to this press release, Williams stated, "This is just the first phase of what we hope to be many more sales of our ID Check software and hardware solution. We are optimistic that once this leading global financial institution fully realizes the scope of what ID Check has to offer, this contract will continue to grow. We are very happy to add them to our customer list, and look forward to providing them with our world-class customer service and technology."
Currently, Intellicheck is trading in the $0.90 range. To learn more about this press release or the company as a whole, visit their corporate website at: icmobil.com
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