Odetics' stock moved to SmallCap market

SSN Staff  - 
Saturday, June 1, 2002

ANAHEIM, Calif.-Odetics' Class A and Class B common stock will now be traded on The Nasdaq SmallCap Market.

The move from the Nasdaq National Market comes after the company was notified by Nasdaq that it did not meet the minimum stockholder's equity required for continued listing on that market.

Odetics is the parent company for access control product manufacturer MAXxess. In April, the company's stock had traded below $2 a share.

Intelli-Check product receives GSA approval
WOODBURY, N.Y.-The ID-Check unit from Intelli-Check has been approved by the General Services Administration for direct sale to U.S. government agencies.

Company officials said the addition to the GSA schedule will broaden the company's marketing opportunities in the government sector. The ID-Check analyzes and displays information encoded in magnetic stripes and barcodes found on driver's licenses, military identification and other forms of identification.

Fargo expands alliance with Datastrip
EDEN PRAIRIE, Minn.-Datastrip has joined the Fargo Technology Alliance, a global positioning group that promotes smart card solutions.

The alliance unites 25 smart card solution providers with Fargo's network of international and domestic distribution partners.

With the alliance members, Fargo is able to provide a wider range of complete solutions for end users, said Gary Holland, president and chief executive officer of Fargo.