OMVS signed a letter of intent to explore a new business agreement with IQB
Statements in this press release regarding the merger between IQB
and Wherify, future financial and operating results, benefits and synergies of the transaction, future opportunities for the company and any other statements about managements' future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Statements in this press release regarding the future expectations, beliefs, goals, plans or prospects of IQB
and Wherify constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
plans to file with the SEC a Registration Statement on Form S-4 in connection with the transaction and IQB
and Wherify plan to file with the SEC and mail to the shareholders of Wherify and the stockholders of IQB
, a Joint Proxy Statement/Prospectus in connection with the transaction.
We're looking forward to working with IQB
to develop and increase the value of its facial recognition technology.
Scigliano confirmed that Morden Lazarus will remain on the IQB
board to continue to direct the corporation's drive into the private security arena.