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IQ BIOMETRIX AND WHERIFY ANNOUNCE S4 DECLARED EFFECTIVE BY SEC
Shareholder Meeting Date Set for Proposed Merger
REDWOOD SHORES, Calif. June 30, 2005 -- IQ Biometrix Inc. (OTCBB:IQBX) and Wherify Wireless, Inc. today announced that the Form S-4 registration statement filed with respect to the shares to be issued in their proposed merger has been declared effective by the Securities Exchange Commission.
Special meetings of the shareholders of both companies will be held on July 19, 2005 to vote on the proposed merger. Shareholders of record at the close of business on May 23, 2005 will be entitled to vote at the special meetings and will be mailed the proxy statement and prospectus.
The special meeting of Wherify shareholders will take place at 9:00 a.m. Pacific Standard Time at Wherify headquarters located at 2000 Bridge Parkway in Redwood Shores. The special meeting of IQ Biometrix shareholders will be held at 11:00 a.m. Pacific Standard Time at the same location.
About IQ Biometrix, Inc.
IQ Biometrix, Inc. (IQBX.OB) has provided facial composite technology. Its FACES product allows the user to create and re-create billions of human faces. Facial features selected from a database are automatically blended together to produce a photo quality composite facial image. The technology has helped law enforcement agencies identify, track and apprehend suspects.
About Wherify Wireless
Wherify Wireless, Inc. is a privately held developer of patented wireless location products and services for communication, supervision, safety and protection. Wherify's technology can satisfy the requirements of many applications, including personal safety, fleet management, property and asset tracking, law enforcement, animal identification, and assist individuals with unique and special needs. Wherify's patented location service engine integrates the U.S. government's Global Positioning System (GPS) and wireless communication technologies to enable customers to obtain real-time location information for individuals and property through the Internet or any Wherify device. Founded in March 1998, Wherify Wireless is located in Redwood Shores, California.
Contact:
IQ Biometrix, Inc.
Mike Walsh, 888-321-5553
or
Liviakis Financial Communications
John Liviakis, 415-389-4670
Wherify Wireless, Inc.
John Cunningham, 408-472-6652
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