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Intellicheck Mobilisa Ranked Number 170th Fastest-Growing Company in North America on Deloitte’s 2009 Technology Fast 500TM

Business Wire
posted: 32 DAYS 15 HOURS AGO

Deloitte LLP announced that Intellicheck Mobilisa, Inc. (NYSE Amex:IDN), a global leader in access control and wireless security systems, was ranked number 170 on its Technology Fast 500 ranking of 500 of the fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five-year period from 2004–2008, during which Intellicheck Mobilisa grew 790 percent.

Intellicheck Mobilisa’s CEO, Dr. Nelson Ludlow, credits the company’s strong revenue growth over the past five years to the company’s focus on driving sales in the government, commercial and wireless sectors and supporting those efforts with additional sales personnel and new products. Dr. Nelson Ludlow said, "We are honored that Deloitte has recognized Intellicheck Mobilisa as one of North America's fastest-growing technology companies. We believe we have grown to be the market leader by providing the best driver's license reading solution, comprehensive service and support, and owning key patents surrounding our technology. One of the key features, of course, is our 24/7 help desk. We are prepared for continued growth.”

“Technology Fast 500 recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth,” said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. "We congratulate Intellicheck Mobilisa on this accomplishment."

“With its impressive five-year growth, Intellicheck Mobilisa has earned its position among the fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America,” said Mark Jensen, Managing Partner, Technology and Venture Capital Services, Deloitte & Touche LLP. ”Deloitte is proud to honor Intellicheck Mobilisa for its achievement.”

Technology Fast 500 Selection and Qualifying Criteria

Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America. This ranking is compiled from nominations submitted directly to the Technology Fast 500 website, and public company database research conducted by Deloitte. Technology Fast 500 award winners for 2009 are selected based on percentage fiscal year revenue growth during the five-year period from 2004 to 2008.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues. Using other companies' technology or intellectual property in a unique way does not satisfy this requirement. Consulting companies, professional service firms, etc., are not eligible unless they have proprietary technology that contributes to a significant portion of their operating revenues.

Technology Fast 500 award eligibility requirements also include base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. These revenues must have more than doubled between 2004 and 2008. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.

About Intellicheck Mobilisa, Inc.

Intellicheck Mobilisa is a leading technology company, developing and marketing wireless technology and identity systems for various applications, including: mobile and handheld wireless devices for the government, military and commercial markets. Products include the Defense ID system, an advanced ID card access control product currently protecting over 70 military and federal locations, and ID-Check, patented technology that instantly reads, analyzes, and verifies encoded data in magnetic stripes and barcodes on government-issue IDs from U.S. and Canadian jurisdictions for the financial, hospitality and retail markets.

About Deloitte

As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

For more news and information on Intellicheck Mobilisa, please visit www.IRGnews.com/coi/IDN, where you can find the CEO’s video, a fact sheet on the company, investor presentations, and more.

Safe Harbor Statement

Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. When used in this press release, words such as “will,” “believe,” “expect,” “anticipate,” “encouraged,” and similar expressions, as they relate to the company or its management, as well as assumptions made by and information currently available to the company’s management, identify forward-looking statements. Actual results may differ materially from the information presented here. Additional information concerning forward-looking statements is contained under the heading of risk factors listed from time to time in the company’s filings with the SEC. We do not assume any obligation to update the forward-looking information.

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