Friday, March 2, 2007

Saflink Sells Product Line

Kirkland, Washington-based Saflink, a provider of identity management products, said today that it has sold its SAFsolution and SAFmodule source code to a enterprise security solutions provider, in a deal worth $778,000 in cash plus royalties on sales. SAFlink said that the buyer will take over the firm's existing customer base for the products. The products are used for biometrics.