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IQ Biometrix, Inc

PO Box 270323
Houston, TX 77277-0323



 


PRESS RELEASES



IQ Biometrix Hires Fleshner & Kim to Advise New Intellectual Property Division

FREMONT, Calif. & CHANTILLY, Va, July 18, 2003
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.

Contact Information:
Liviakis Financial Communications (for IQ Biometrix)
John Liviakis, 415/389-4670
info@liviakis.com


 


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