Cross Match Technologies Files Registration Statement for Initial Public Offering of Common Stock
Palm Beach Gardens, Fla., – Cross Match Technologies, Inc. today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock.The offered shares will be sold by Cross Match and certain stockholders of the company. The number of shares to be offered and the price range for the offering have not yet been determined.Credit Suisse Securities (USA) LLC will act as sole bookrunner for the offering, UBS Investment Bank and Morgan Stanley & Co. will act as co-lead managers and Raymond James & Associates, Inc. will act as co-manager. Copies of the preliminary prospectus for the offering, when available, may be obtained from Credit Suisse Securities (USA) LLC, Prospectus Department, One Madison Avenue, New York, N.Y. 10010, telephone 800-221-1037.About Cross MatchCross Match is a leading global supplier of high-quality, interoperable, biometricentity technologies. The company provides a wide range of products that establish and verify individual’sentities by capturing and processing their unique physiological characteristics.These products are built around core enabling technologies and include fingerprint, palm, and full-hand scanning devices, document readers, access control systems, facial recognition technology, and related proprietary software applications. The company also offers customized solutions to meet customers’ needs by combining its proprietary software applications and biometric devices with third party technologies. To learn more visit www.crossmatch.comFor more inforamtion, contact:Bill Brobst. Cross MatchPhone: (561) 493-7368Email: bill.brobst@crossmatch.comA registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
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