Cross Match Technologies Files Registration Statement for Initial Public Offering of Common Stock

Cross Match Technologies, Inc. today announced that it has filed a
registration statement on Form S-1 with the U.S. Securities and
Exchange Commission relating to a proposed initial public offering of
its common stock.

The offered shares will be sold by Cross Match and certain
stockholders of the company. The number of shares to be offered and
the price range for the offering have not yet been determined.

Credit Suisse Securities (USA) LLC will act as sole bookrunner for
the offering, UBS Investment Bank and Morgan Stanley & Co. will act as
co-lead managers and Raymond James & Associates, Inc. will act as
co-manager. Copies of the preliminary prospectus for the offering,
when available, may be obtained from Credit Suisse Securities (USA)
LLC, Prospectus Department, One Madison Avenue, New York, N.Y. 10010,
telephone 800-221-1037.

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