*Cross Match Technologies, which last month renewed plans for its initial public stock offering (IPO), has postponed that offering again, citing volatile conditions in the nation’s financial markets. “The company believes that current market conditions are not favorable to maximize shareholder value and will continue to monitor the financial markets,” Cross Match says. Earlier this month Cross Match dropped the price on its proposed IPO to between $11 and $13 per share versus an offering price of between $13 and $17 per share that was announced in October. Cross Match plans to issue just over 8.3 million shares.

*ICx Technologies [ICXT], which in August announced plans for its first public stock offering, went public last Thursday at $16 per share but has seen the price of its stock tumble by about 25%. The company offered 5 million shares and raised $80 million in capital.

*Smiths Detection and TraceGuard Technologies [TCGD] have signed a letter of intent to work exclusively toward a definitive agreement to accelerate TraceGuard’s Automated Trace Extraction (ATE) technology to market. In the first phase of a definitive agreement the companies would market TraceGuard’s CompactSafe ATE system to select aviation and homeland security customers. The companies may also cooperate on integrating CompactSafe and TraceGuard’s other products for improving and automating trace sample collection with Smith’s IONSCAN Ion Mobility Spectroscopy explosives trace detectors.