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BELLEVUE, Wash., April 24 /PRNewswire-FirstCall/ -- A group of industry leaders, including Saflink Corporation , Microsoft , JPMorgan Chase , Johnson Controls, Inc. , ID Technology Partners and The Paradies Shops, today announced their intention to deliver and market FLO(TM) (Fast Lane Option) -- a solution for the Transportation Security Administration's (TSA) Registered Traveler (RT) Program. The FLO Alliance plans to offer an integrated Registered Traveler solution that leverages the industry-leading expertise, relevant experience and marketing reach of its member companies.
The TSA's Registered Traveler Program is designed to allow individuals who voluntarily undergo an in-depth background check, provide biometric information (such as a fingerprint or iris scan) and pay an annual fee to take advantage of expedited security screening procedures at participating U.S. airports. Enrollees would use specially designated, privately managed RT lanes, where they would be required to present and match an approved, biometrically secured identity credential.
On April 20th, the TSA announced that it is prepared for an initial rollout of RT in 10-20 airports by the 2nd half of 2006 and will concurrently explore options to expand the program to airports nationwide. The TSA also approved a basic business model for Registered Traveler. Key elements include a strong operational role for the private sector, mandatory interoperability among airport locations, an open technological platform that facilitates competition, a central information management system (known as the Transportation Security Clearinghouse managed by the American Association of Airport Executives) with robust safeguards to protect personal privacy, and substantive benefits linked to enhanced checkpoint screening measures. TSA retains responsibility for setting key program standards and security measures -- such as physical screening at the TSA checkpoint.
The FLO Alliance for Registered Traveler, initially formed in 2005, brings together industry leaders in technology, finance and facilities infrastructure and security systems, in addition to companies with broad experience marketing to businesses, consumers and the aviation industry. The Alliance's solution provides for the complete Registered Traveler credentialing process and its operational use in airports. Built on the proven technologies of its members, the FLO Alliance RT architecture covers: the enrollment of biographic and biometric information and identity verification of participating individuals; collection of program fees; production and issuance of secure, tamper-proof FLO credentials; installation, maintenance and management of authentication platforms within aviation facilities throughout the United States; and operations management and customer service for the nationwide subscription program.
With extensive networks of both corporate and consumer customers, the FLO Alliance is well positioned to market its RT solution to the broadest possible audience. In addition to members providing proven technology and operational expertise, the FLO Alliance includes marketing partners, such as Expedia Corporate Travel, that will market and sell the FLO card directly to its highly targeted customer base.
The FLO Alliance will make it convenient for those who wish to enroll in the program. As currently planned, RT applicants will be able to submit their biographic information in several ways, including enrollment kiosks in airports, a secure Web site or by mailing a paper application to a processing center. They will also be able to pay enrollment fees using a variety of methods including credit and debit cards, electronic debits to checking accounts and paper checks.
Since its formation, The FLO Alliance has added several members. Today the Alliance announced that JPMorgan Chase will provide application intake and processing services and collect program fees from subscribers. Chase brings its industry-leading government payments and financial systems expertise to the team, helping to offer the best solution for streamlining user enrollments.
The FLO Alliance also announced the addition of The Paradies Shops as a retail marketing member. Based in Atlanta, Georgia, The Paradies Shops operates over 500 nationally branded and uniquely branded specialty stores and convenience shops in more than 60 airports and hotels across the United States and Canada, serving more than a half-billion passengers each year. The Paradies Shops will provide FLO cardholders with promotional incentives at participating retail locations.
"The Registered Traveler Program is a significant step forward in the effort to balance aviation security and traveler convenience," said Glenn Argenbright, CEO of Saflink. "It's a win-win proposition for consumers, businesses, airports, airlines and for the government. While travelers enjoy a more relaxing, less time consuming security screening process, the government can focus its security resources on more likely potential threats."
The Registered Traveler Program is aimed squarely at frequent travelers. According to recent statistics, 43.9 million Americans travel on business each year with the typical business traveler taking more than 5 trips. 38 million travelers take at least 7 trips per year(1). Market research, highlighted in recent Congressional testimony, indicates that travelers are more than willing to provide personal information and pay a fee for the convenience of shortening the amount of time and eliminating the uncertainty of the often- burdensome security screening process.
About the FLO Alliance
The FLO Alliance is a group of industry-leading companies formed to develop, market, sell and deploy an end-to-end solution for the U.S. government's Registered Traveler Program. The Alliance's solution is designed to provide for the complete Registered Traveler credentialing process and its operational use in airports. The FLO Alliance's biometrically secured FLO card would allow qualified individuals to take advantage of expedited security screening procedures in designated lanes at participating airports as well as promotional offers and discounts offered by retail partners. Alliance members include Saflink Corporation, Microsoft, JPMorgan Chase, Johnson Controls, Inc., The Paradies Shops, Expedia Corporate Travel and ID Technology Partners. For more information about the FLO program and Alliance, contact Luke Thomas, Saflink Sr. Dir., Registered Traveler Program at 425.278.1253 or visit http://www.floinformation.com/.
Saflink Safe Harbor Statement
This release contains information about our management's view of our future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors. For example, if we do not generate significant revenue from our participation in large government security initiatives or increase the level of our participation in these initiatives, our business performance and future prospects may suffer. In addition, if third parties, on whom we partly depend for our product marketing and distribution, do not promote our products, our ability to generate revenue may be limited and our business and financial condition could suffer. Other factors include, but are not limited to, risks and uncertainties associated with our financial condition, our ability to sell our products, our ability to compete with competitors and the growth of the security market, and those included in our annual report on Form 10-K, as well as other documents we periodically file with the Securities and Exchange Commission.
NOTE: The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
(1) Sources: GAO Airport Financing, Airlines Business, June '04 - Air Transport World, July '04, WebFlyer.com
Saflink Corporation
CONTACT: Kevin Pedraja, +1-206-781-7819, or kmp@sterlingpr.com, or Lindsay Stril, +1-253-853-5030, or lstril@sterlingpr.com, both of Sterling Communications, Inc., for Saflink; or Tony Schor of Investor Awareness, Inc., +1-847-945-2222, or tony@investorawareness.com, for Saflink