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L-1 Identity Solutions Completes Acquisition of U.S. Intelligence Community Consulting Firm SpecTal

October 19, 2006 - Vienna, Va.

Longstreet Partners, LLC ("Longstreet"), a privately held strategic advisory firm specializing in merchant & investment banking services, successfully closed the sale of SpecTal Consultants, a top provider of consulting services to the United States Intelligence Community, to L-1 Identity Solutions (NYSE: ID) for a total consideration of $110,000,000.

Established in 1999, SpecTal provides comprehensive security and intelligence solutions, specializing in government consulting, training, and technology development. L-1 announced that the Company now has an estimated backlog in excess of $290 million and revenue is expected to be approximately $60 million with $9.0 million in EBITDA for the year ending December 31, 2006.

"Longstreet was very pleased to be selected to work with the SpecTal team. This Company is a special business with hundreds of dedicated individuals, all serving the Nation in the fight against the global war on terror. Our opportunity and challenge was to work with this team on a variety of management matters, as well as find the right merger partner to continue their growth and success," commented Dan Moore, Managing Partner of Longstreet.

John Cross, Co-founder of SpecTal, LLC commented "In selecting an investment banking team to represent us in the sale of our business we were not only looking for the financial expertise available in any number of firms, but we were also looking for a team with real world operational expertise in running a company. We chose Dan Moore and his team at Longstreet because they understood not only what had to be done to prepare the company for sale but also how to do it without impacting day-to-day operations. Since we were a very hot property, any banking team could have represented us but we trusted Dan and the Longstreet team to not only close the deal but to make it the perfect deal. They stuck with us every step of the way for over a year to find and deliver the perfect deal. The buyer that they found, and the terms that they negotiated combined to make the perfect deal not only for the shareholders, but for our employees and for the buyer as well. What more could anyone ask for? We could not be more pleased with their efforts on our behalf."

"With the experience of the sale behind us, we conclude that selecting Dan Moore and the Longstreet team as our Investment Bankers was the best decision for us and for our company. We continue to value and appreciate their advice and expertise," commented Louise Brouillette, Co-founder of SpecTal, LLC.

Under the terms of its definitive agreement with SpecTal, L-1 Identity Solutions paid SpecTal shareholders $100 million in cash. SpecTal shareholders have the opportunity to earn up to an additional $10 million in consideration if key performance thresholds are reached. The acquisition of SpecTal was funded by a five-year $150 million revolving credit facility executed today, led by Bear Stearns and Bank of America, and including Credit Suisse, Wachovia, Société Générale and TD Bank Financial Group. The terms of the credit facility include customary terms with an interest rate of 175 basis points above LIBOR (London Interbank Offered Rate).

About SpecTal, LLC
SpecTal, LLC, was established in 1999 to provide government and corporate clients with specialized security and intelligence consulting, going beyond assessments to present results-oriented solutions. Building on intelligence careers marked by achievement in demanding assignments, the SpecTal team offers clients a broad range of experience and expertise. Since its founding, SpecTal has experienced rapid growth while earning a reputation for service, responsiveness, and integrity.

About L-1 Identity Solutions, Inc.
L-1 Identity Solutions, Inc. (NYSE: ID), formed in 2006 from the merger of Viisage Technology, Inc., and Identix Incorporated, offers a comprehensive set of products and solutions for protecting and securing personal identities and assets. Leveraging the industry's most advanced multi-modal biometric platform for finger, face and iris recognition, our solutions provide a circle of trust around all aspects of an identity and the credentials assigned to it -- including proofing, enrollment, issuance and usage. With the trust and confidence in individual identities provided by L-1 Identity Solutions, government entities, law enforcement and border management agencies, and commercial enterprises can better guard the public against global terrorism, crime and identity theft fostered by fraudulent identity. L-1 Identity Solutions is headquartered in Stamford, CT. For more information, visit www.l1id.com.

About Longstreet Partners, LLC
Longstreet Partners, LLC ("Longstreet") is a private investment banking and consulting services firm focused on regional small to mid-sized enterprises. Founded in 2002, the firm's partners bring over 100 years of experience of investing in, operating, growing, acquiring and divesting businesses. Longstreet provides services to regional enterprises seeking liquidity events in the near and mid term horizons, including companies that require capital injections or other corporate financings. For more information about Longstreet partners visit www.longstreetpartners.com.

© 2007 Longstreet Partners, LLC