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January 2, 1991

ASCOM AG OF SWITZERLAND HAS EXERCISED ITS OPTION TO BUY UP TO 35% OF SUNNYVALE, CALIFORNIA-BASED IDENTIX INC

By CBR Staff Writer

Ascom AG of Switzerland has exercised its option to buy up to 35% of Sunnyvale, California-based Identix Inc, a manufacturer of electronic fingerprint scanning systems for identity verification and security applications; the original agreement was signed on December 17 1987, when Ascom became the European distributor for Identix and invested an initial $3m in the firm.

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