SOUTH PASADENA, Calif.----Cogent, Inc. Nasdaq:COGT today announced that the California Superior
Court in Cogent’s action against Northrop
Grumman NYSE:NOC has found for Cogent on a critical legal issue in the
case. The Court determined that Northrop Grumman had no right to sell,
market, license, use, disclose, disseminate, or otherwise transfer Cogent’s
technology, software, source code, trade secrets, or confidential and
proprietary information or any information or products derived
therefrom, including any benchmark system or other system, for use in
connection with the IDENT1 System. The IDENT1 System is a biometric
based identification system in the U.K. developed by Northrop for the
Police Information Technology Organization PITO. The IDENT1 System
uses Cogent fingerprint matching technology, which the Court has now
found must be returned to Cogent. Cogent’s
remaining claims against Northrop have now been ordered to trial on
September 4, 2007.
“We are pleased that the Court has confirmed
Cogent's position that Northrop never had any right to use our
technology in IDENT1,” commented Ming Hsieh,
President and Chief Executive Officer of Cogent. “While
Cogent regrets the unavoidable impact that the removal of its technology
from Northrop's IDENT1 system will have on fingerprint search accuracy
in the U.K., Cogent cannot and will not permit the misappropriation of
its proprietary technology by anyone for any purpose. Cogent intends to
vigorously pursue its remaining claims against Northrop to conclusion.”
About Cogent Systems
Cogent is a global biometric identification solutions provider to
governments, law enforcement agencies, and commercial enterprises.
Cogent provides the highest quality identification systems, products and
services with leading technology, accuracy and speed. Cogent’s
Automated Fingerprint/Palmprint Identification Systems, or AFIS, enable
customers to capture fingerprint and palm print images electronically,
encode prints into searchable files, and accurately compare a set of
fingerprints/palm prints to a database containing potentially millions
of prints in seconds. For more information, please visit www.cogentsystems.com
Forward-Looking Statements
This press release contains, in addition to historical information,
forward-looking statements. Such statements are based on management's
current estimates and expectations and are subject to a number of
uncertainties and risks that could cause actual results to differ
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Forward-looking statements in this press release include, without
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anticipated revenue growth and growth in sales opportunities in a
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These forward-looking statements involve risks and uncertainties
which could cause actual results to differ materially from those
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Form 10-K for the year ended December 31, 2006 filed by
Cogent with the Securities and Exchange Commission which identifies
important risk factors that could cause actual results to differ from
those contained in the forward-looking statements, including but not
limited to: changes in government policies; uncertain political
conditions in international markets; deriving a significant portion of
revenues from a limited number of customers; deriving a significant
portion of revenues from the sale of solutions pursuant to government
contracts; failure of the biometrics market to experience significant
growth; failure of Cogent’s products to
achieve broad acceptance; potential fluctuations in quarterly and annual
results; changes in Cogent’s effective tax
rate; failure to successfully compete; failure to comply with government
regulations; failure to accurately predict financial results due to long
sales cycles; negative publicity and/or loss of clients due to security
breaches resulting in the disclosure of confidential information; loss
of export licenses or changes in export laws; failure to manage
projects; rapid technology change in the biometrics market; loss of a
key member of management team; termination of backlog orders; loss of
limited source suppliers; negative audits by government agencies;
failure to protect intellectual property; and exposure to intellectual
property and product liability claims. The information contained in this
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expectation and is based upon, among other things, existing industry
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any time and without notice, based upon any changes in such factors, in
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or confirm analysts' expectations or estimates or to release publicly
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