SOURCE: Liska Biometry Inc.

January 24, 2007 08:00 ET

Liska Biometry Issues Year-End 2006 Guidance

DOVER, NH -- (MARKET WIRE) -- January 24, 2007 -- Liska Biometry (OTCBB: LSKA)

--  Expects Revenues of Approximately $7 Million vs. None in Previous Year
--  90% of 2006 Revenue Is Recurring
--  Break-Even Anticipated in Second Quarter
Liska Biometry (OTCBB: LSKA) a leading provider of biometric identification solutions, today announced guidance for year-end. The Company expects to report approximately $7 million in revenue for 2006 compared to no revenue in 2005.

The Company supports its belief based on a successful merger with Digital Card Systems, Inc. and the acquisition of Markow Photo Properties, which have brought Liska a number of synergistic effects. Further, the Company has won numerous contracts for passport and ID projects in various European countries, a drivers' licensing contract in the Caribbean and several corporate security ID projects for a wide variety of global corporations.

Christopher J. LeClerc, president of Liska, said, "We are very pleased with the development of our business over the course of 2006. The roughly $7 million we expect to report for revenue for 2006 marks the beginning of Liska as an operating business enterprise as opposed to a development stage company. Moreover, around 90% of that revenue will be recurring, providing a secure base for 2007."

He added, "We expect our margins to range from 32% to 38% for 2006, and because of increasing sales of our technology, these could rise in the coming quarters. I would add that our sales pipeline is full and healthy, and that based on all of these factors, I expect Liska to reach break even at some point in the second quarter and to move into profitability before 2007 ends."

About Liska Biometry

Liska Biometry develops revolutionary fingerprint biometric solutions enabling fast individual authentication, precise identification searches, as well as cross-platform data interoperability. Our innovative, scalable technology generates a unique, short, repeatable numerical identifier from one's fingerprint.

This short number becomes a precise and universal biometric identifier easily embedded in travel documents, such as visas and passports, credit cards, driver's licenses and a host of other personal credentials.

Liska's product offerings address national security concerns regarding privacy and data integrity. From consular services to terrorist watch lists, our innovative technology allows for seamless, integrated identification searches across disparate databases at all levels of government and law enforcement.


The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.

Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. Liska and DCS intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause Liska and DCS actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in Liska annual, quarterly and other periodic public filings on record with the Securities and Exchange Commission which can be viewed free of charge on its website at

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