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Business/Financial

Cross Match Takes Interest in AssureTec Systems

DDN

Wednesday, December 12th, 2007

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Cross Match Technologies has made a strategic investment in privately-held AssureTec Systems, a developer and supplier of document authentication systems, as part of the company's strategy to offer more complete solutions in the identity management space. The value of the investment wasn't disclosed. Cross Match will obtain a seat on AssureTec's board of directors. "Our investment in AssureTec aligns with our business strategy to support the leading biometric technologies that provide the smartest, most reliable and cost effective ID management…

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