EXHIBIT 99.1



VIISAGE COMPLETES ACQUISITION OF IRIDIAN TECHNOLOGIES


BILLERICA, Mass.--(BUSINESS WIRE)--Aug. 16, 2006--Viisage (Nasdaq: VISG) today
completed the acquisition of privately-held Iridian Technologies, Inc., the
company responsible for the initial development and commercialization of iris
recognition technology. Viisage first announced the company's intention to
acquire Iridian on July 17, 2006. Under the terms of the definitive agreement
with Iridian, Viisage paid Iridian shareholders $35 million in cash.

Viisage also secured a $6.5 million reduction in potential contingency payments
to the former shareholders of SecuriMetrics under the terms of Viisage's
February 2006 acquisition of SecuriMetrics, resulting in an effective "net"
purchase price for Iridian of $28.5 million. The acquisition of Iridian was
funded primarily by proceeds from the initial $100 million investment into
Viisage by L-1 Investment Partners in December 2005.

Iridian has positive net working capital and is debt free. The company is
estimated to generate positive pro forma EBITDA of approximately $3 million in
2006.

"This acquisition is another important step in our overall strategy to lead the
market as the only U.S.-based manufacturer of a full range of handheld and
multi-modal biometric recognition solutions encompassing iris, finger and face,"
said Robert V. LaPenta, Chairman of the Board of Viisage. "Direct access to
Iridian's intellectual property upon which the iris recognition market is based,
together with synergies from our anticipated merger with Identix later this
month, should help to place us in that premier position. We also expect that it
will do so in such a way that we see operational benefit with improved margins
and cost synergies."

Iridian licenses iris recognition software and related intellectual property to
hardware and software developers for applications in the government, military
and commercial markets, both domestically and internationally. This intellectual
property portfolio and industry-standard iris recognition algorithm will be
combined with Viisage's wholly-owned subsidiary SecuriMetrics to advance the
development and implementation of SecuriMetrics' advanced hardware, software and
database capabilities.

Iridian's business operation, currently located in Moorestown, N.J., will be
integrated into Identix' Jersey City, N.J. research facility upon the closing of
the pending merger with Identix.


EBITDA

Viisage uses EBITDA as a non-GAAP financial performance measurement. EBITDA is
calculated by adding back to net income (loss) interest, taxes, depreciation and
amortization. EBITDA is provided to investors to complement results provided in
accordance with GAAP, as management believes the measures help illustrate
underlying operating trends in the Company's business and uses the measures to
establish internal budgets and goals, manage the business, and evaluate
performance. Management also believes that EBITDA provides an additional tool
for investors to use in comparing Viisage's financial results with other
companies in the industry, many of which also use EBITDA in their communications
to investors. By excluding non-cash charges such as amortization and
depreciation as well as non-operating charges for interest and income taxes,
Viisage can evaluate its operations and can compare its results on a more
consistent basis to the results of other companies in the industry and to its
operations in prior quarters. As noted above, EBITDA excludes the effect of
interest, taxes, depreciation and amortization. Because EBITDA eliminates these
items, Viisage considers this financial measure to be an important indicator of






the Company's operational strength and performance of its business and a good
measure of the Company's historical operating trend. EBITDA should not be
considered in isolation or as a substitute for comparable measures calculated
and presented in accordance with GAAP. Estimated pro forma EBITDA for 2006 has
been calculated by adding estimated pro forma depreciation and amortization of
$1.2 million to pro forma estimated net income of $1.8 million.


About Viisage Technology, Inc.

Viisage delivers advanced technology identity solutions for governments, law
enforcement agencies and businesses concerned with enhancing security, reducing
identity theft, and protecting personal privacy. Viisage solutions include
secure credentials such as passports and drivers' licenses, biometric
technologies for uniquely linking individuals to those credentials, and
credential authentication technologies to ensure the documents are valid before
individuals are allowed to cross borders, gain access to finances, or be granted
other privileges. With more than 3,000 installations worldwide, Viisage's
identity solutions stand out as a result of the company's industry-leading
technology and unique understanding of customer needs. Viisage's product suite
includes IdentityTOOLS(TM) SDK, Viisage PROOF(TM), FaceEXPLORER(R),
iA-thenticate(R), ID-GUARD(R), BorderGuard(R), PIER(TM), HIIDE(TM),
AutoTest(TM), FacePASS(TM) and FaceFINDER(R).


About Iridian Technologies

Iridian Technologies, Inc. of Moorestown, N.J. is the world leader in
development and commercialization of iris recognition technology -- renowned as
one of the most accurate biometric identifiers. The holder of U.S. and
international patents behind iris recognition technologies, Iridian offers
unparalleled security for public-use applications such as simplified passenger
travel, border control, national IDs, and election verification as well as
restricted access and information access. For more information, visit
www.iridiantech.com.


Forward-Looking Statements

This news release contains forward-looking statements that involve risks and
uncertainties. Forward-looking statements in this document and those made from
time to time by Viisage through its senior management are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements reflect the Company's current views with
respect to the future events or financial performance discussed in this release,
based on management's beliefs and assumptions and information currently
available. When used, the words "believe," "anticipate," "estimate," "project,"
"should," "expect," "plan," "assume" and similar expressions that do not relate
solely to historical matters identify forward-looking statements.
Forward-looking statements concerning future plans or results are necessarily
only estimates and actual results could differ materially from expectations.
Certain factors that could cause or contribute to such differences include,
among other things, the size and timing of contract awards, performance on
contracts, performance of acquired companies, availability and cost of key
components, unanticipated results from audits of the financial results of the
Company and acquired companies, changing interpretations of generally accepted
accounting principles, outcomes of government reviews, developments with respect
to litigation to which we are a party, potential fluctuations in quarterly
results, dependence on large contracts and a limited number of customers,
lengthy sales and implementation cycles, market acceptance of new or enhanced
products and services, proprietary technology and changing competitive
conditions, system performance, management of growth, dependence on key
personnel, ability to obtain project financing, general economic and political
conditions and other factors affecting spending by customers, and the
unpredictable nature of working with government agencies. In addition, such
risks and uncertainties include, among others, the following risks: that the
pending merger with Identix will not close, that the regulatory or shareholder
approval will not be obtained, that the closing will be delayed, that customers


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and partners will not react favorably to the merger, integration risks, the risk
that the combined companies may be unable to achieve cost-cutting synergies, and
other risks described in Viisage's and Identix' Securities and Exchange
Commission filings, including the Registration Statement on Form S-4 filed with
the SEC in connection with the transaction, Viisage's Annual Report on Form 10-K
for the year ended December 31, 2005 and its Quarterly Reports on Form 10-Q for
the quarters ended March 31, 2006 and June 30, 2006 under the captions "Risk
Factors" and "Management's Discussion and Analysis of Financial Condition and
Results of Operations," and Identix' Annual Report on Form 10-K for the year
ended June 30, 2005 and its Quarterly Reports on Form 10-Q for the quarters
ended September 30, 2005, December 31, 2005 and March 31, 2006 under the
captions "Risk Factors" and "Management's Discussion and Analysis of Financial
Condition and Results of Operations." Viisage expressly disclaims any obligation
to update any forward-looking statements


Additional Information and Where to Find It

Investors and security holders of both Viisage and Identix are advised to read
the joint proxy statement/prospectus regarding the business combination
transaction referred to in the material below because it contains important
information. Viisage and Identix have mailed a joint proxy statement/prospectus
about the transaction to their respective stockholders. This joint proxy
statement/prospectus has been filed with the Securities and Exchange Commission
by both companies. Investors and security holders may obtain a free copy of the
joint proxy statement/prospectus and other documents filed by the companies at
the Securities and Exchange Commission's web site at http://www.sec.gov. The
joint proxy statement/prospectus and such other documents may also be obtained
from Identix or Viisage by directing such requests to the companies.


Participants In Solicitation

Viisage, Identix and their respective directors and executive officers and other
members of management and employees may be deemed to be participants in the
solicitation of proxies in respect of the merger. Information concerning
Viisage's participants is set forth in the joint proxy statement/prospectus
dated July 27, 2006 for Viisage's special meeting of shareholders to be held on
August 29, 2006 as filed with the SEC. Information concerning Identix'
participants is set forth in the proxy statement, dated October 6, 2005, for
Identix' 2005 annual meeting of shareholders as filed with the SEC on Schedule
14A. Additional information regarding the interests of participants of Viisage
and Identix in the solicitation of proxies in respect of the merger is included
in the registration statement and joint proxy statement/prospectus filed with
the SEC.


CONTACT: L-1 Investment Partners
Doni Fordyce, 203-504-1109
dfordyce@l-1ip.com


SOURCE: Viisage Technology, Inc.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: Statements in this press release regarding Viisage's business which are
not historical facts are "forward-looking statements" that involve risks and
uncertainties. For a discussion of such risks and uncertainties, which could
cause actual results to differ from those contained in the forward-looking
statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for
the most recently ended fiscal year.


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