SACRAMENTO, Calif., March 27, 2002 (PRIMEZONE) -- Exact Identification Corporation (Pink Sheets:APRE):
On February 23, 2002 the members of the Board of Directors at Exact Identification Corporation (formerly Advanced Precision Technology, Inc.) unanimously voted Steve Wagner onto the board to fill a board vacancy.
"Mr. Wagner brings 19 years of access control and card manufacturing experience to our board. His insight and industry contacts will be highly leveraged assets in forming our go-forward strategy," said John Hunepohl -- President & CEO.
Wagner currently serves as the President of Indala, an ASSA ABLOY company, located in San Jose, Calif. Prior to that he served as the Vice President of Operations at HID Corporation, also an ASSA ABLOY company, located in Irvine, Calif.
About Exact Identification Corporation
Exact Identification Corporation developments, designs, manufactures, licenses and markets fingerprint identity products for one-to-many AFIS applications and one-to-one verification systems and access control. Our products are sold to authorized resellers and original equipment manufactures. The company holds seven U.S. Patents related to fingerprint technologies using holographic methods and continues to ship its rugged, high-end HoloPass(r) Fingerprint Scanner. More: www.AprinT.com
Safe Harbor Provision
This document may contain forward-looking statements relating to future events, such as the development of new products, the commencement of production, or the future financial performance of the Company. These statements fall within the meaning of forward-looking information as defined in the Private Securities Litigation Reform Act of 1995. These statements are subject to a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, economic, competitive, governmental, and technological factors affecting the Company's markets and market growth rates, products and their rate of commercialization, services, prices and adequacy of financing, and other factors described in the Company's most recent annual report on Form 10-KSB filed with the Securities and Exchange Commission, which can be reviewed at http://www.sec.gov. The Company undertakes no obligation to update, amend, or clarify forward-looking statements, whether because of new information, future events or otherwise.