IQ Biometrix Hires Fleshner &
Kim to Advise New Intellectual Property Division
Calif. & CHANTILLY, Va, July
IQ Biometrix Inc. IQBM, a worldwide provider of integrated
law enforcement and security solutions, announced today
that it has retained the law firm of Fleshner & Kim,
LLP, to advise the company's new intellectual property division.
The division will evaluate IQB's technology
for intellectual property protection and develop a strategy
to maximize the value of its portfolio. The division will
also actively seek licensing and partnering opportunities
for the portfolio.
"We're looking forward to working with
IQB to develop and increase the value of its facial recognition
technology. We'll be assisting IQB in identifying technology
for patent protection, and we'll also be advising on licensing
and other business opportunities," said Dr. Mark Fleshner,
partner at Fleshner & Kim, LLP.
About Fleshner & Kim, LLP
Based in Chantilly, Virginia, Fleshner &
Kim, LLP, provides intellectual property and corporate services
to its high-tech clients. Fleshner & Kim specializes
in evaluating, developing, and protecting intellectual property
assets and structuring licensing and other transactions
in a competitive environment. Further information about
Fleshner & Kim can be found at www.fleshner-kim.com.
About IQ Biometrix, Inc.
IQ Biometrix, Inc. (IQBM) provides law enforcement
and security technology solutions for government and private
industry. IQ Biometrix, an innovative California-based company
is a leading provider of facial composite technology for
law enforcement agencies in North America. FACES is currently
used by thousands of policing agencies worldwide, including
the Central Intelligence Agency and the Federal Bureau of
Investigation. IQB is currently developing new applications
based on this foundation technology tailored to meet the
needs of national, business and personal security. Its solutions
practice is focused on integrating IQB and partner technologies
to provide customized responses to client needs. Further
information about IQB can be found at www.iqbiometrix.com.
Safe Harbor Statement
To the extent that any of the statements
contained herein are forward-looking, such statements are
based on current expectations that involve a number of uncertainties
and risks. Such uncertainties and risks include, but are
not limited to, growth in the NAS market, market acceptance
of products, the development of new products, the enhancement
of existing products, manufacturing delays, dependence on
principal customers, competitive pricing pressures, product
volume and mix, global economic conditions, dependence on
international operations, availability of key components,
timing of orders received, and introduction of competitor
products having technological and/or pricing advantages.
As a result, the Company's operating results may fluctuate,
especially when measured on a quarterly basis. Actual results
may differ materially from such expectations. Investors
are directed to consider other risks and uncertainties in
documents, including forms 8K and 10QSB, filed by the company
with the Securities and Exchange Commission, www.sec.gov.
On March 7, 2003, and ending on September 6, 2004, Liviakis
Financial Communications, Inc. ("LFC") was retained
by IQ Biometrix in various consulting capacities including
strategic management planning, investor relations and other
business development responsibilities. In lieu of paid expenses,
salaries or commissions, LFC was compensated in restricted
shares of stock totaling 714,000. Officers and employees
of LFC may buy or sell shares in IQ Biometrix from time
to time. LFC advises IQ Biometrix but does not provide investment
advice. LFC is not a registered investment advisor or broker-dealer.
Liviakis Financial Communications (for IQ Biometrix)
John Liviakis, 415/389-4670
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