Cross Match Postpones Initial Public Offering

Aug-13-07
Cross Match Technologies, Inc. announced today that it has postponed the initial public offering of common shares of the company due to volatile market conditions. The company believes that current market conditions are not favorable to maximize shareholder value and will continue to monitor the financial markets.

A registration statement relating to these securities has been filed with the 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 announcement 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 or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Cross Match Technologies

Cross Match Technologies, Inc. is a global provider of biometric identity management systems, applications and enabling technologies to governments, law enforcement agencies and businesses around the world. These solutions are used to capture and process the unique physical characteristics of individuals to establish and verify their identities. Offerings include fingerprint, palm and full-hand scanners, facial recognition systems, biometric software, document readers, and related services. Cross Match has corporate headquarters in Palm Beach Gardens, Florida, and international headquarters in Jena, Germany.

Cross Match Technologies, Inc. Media Contact: Bill Brobst, 561-493-7368 Bill.Brobst@CrossMatch.com or Investor Contact: Pam Rembaum, 561-493-7383 Pam.Rembaum@CrossMatch.com

http://www.CrossMatch.com