Cross Match Technologies Files Registration Statement for Initial Public Offering of Common Stock

    PALM BEACH GARDENS, FLA., April 30 /CNW/ - Cross Match Technologies, Inc.
today announced that it has filed a registration statement on Form S-1 with
the U.S. Securities and Exchange Commission relating to a proposed initial
public offering of its common stock.

    The offered shares will be sold by Cross Match and certain stockholders
of the company. The number of shares to be offered and the price range for the
offering have not yet been determined.

    Credit Suisse Securities (USA) LLC will act as sole bookrunner for the
offering, UBS Investment Bank and Morgan Stanley & Co. will act as co-lead
managers and Raymond James & Associates, Inc. will act as co-manager. Copies
of the preliminary prospectus for the offering, when available, may be
obtained from Credit Suisse Securities (USA) LLC, Prospectus Department, One
Madison Avenue, New York, N.Y. 10010, telephone 800-221-1037.

    A registration statement relating to these securities has been filed with
the U.S. Securities and Exchange Commission but has not yet become effective.
These securities may not be sold nor may offers to buy be accepted prior to
the time the registration statement becomes effective.

    This news release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any such state.

For further information:

For further information: Cross Match Technologies, Inc., Palm Beach
Gardens Bill Brobst, 561-493-7368

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