FOR IMMEDIATE RELEASE
Cross Match Appoints James Grau President and
Chief Executive Officer
Palm Beach Gardens, Fla. July 23, 2008 – Cross Match Technologies, Inc., a global provider of biometric identity solutions, announced today that James Grau will succeed James W. Ziglar as President and Chief Executive Officer upon his retirement in August 2008. Grau brings a diverse background to Cross Match including over 20 years in senior and executive management positions for multinational global enterprises.
“Jim Grau’s track record of improving operational performance and delivering excellent financial results in challenging business environments makes him the ideal person to lead Cross Match,” said Donald E. Nickelson, Chairman of the Board of Directors of Cross Match. “With Jim’s experience and proven record in managing international operations and his diverse background in marketing and manufacturing, we have complete confidence in his abilities to lead Cross Match and maximize shareholder value. We are delighted that Jim has agreed to come on board.”
Accepting his new role at Cross Match, Jim Grau said, “I am pleased to join such a well respected organization and look forward to working with the entire Cross Match team to bring our cutting-edge biometric identity management solutions to the next level. I am focused on driving profitable growth by exceeding the expectations of our customers and continuing our industry leadership in technology development.”
Jim Grau joins Cross Match as President and Chief Executive Officer with more than 30 years experience in sales and marketing, manufacturing and operational planning, including 13 years in a chief executive management capacity. Previously, Mr. Grau was Group President, Microwave Components and Subsystems for Smiths Group PLC, a leader in the practical application of advanced technologies for the threat and contraband detection, medical devices, energy and communications markets worldwide.. While at Smiths, he established and managed the Microwave Components and Subsystems Group, consisting of four separate business operations, leading it to generate some of the highest net profit margins within Smiths. Mr. Grau also has served as CEO for LEA International, Veridien Corporation and Nationwide Industries. Prior to this, he held various management and sales and marketing positions in Kaepa, Inc., Marketing Corporate of America, Borden Company and the Drackett Company (a division of Bristol Myers). Mr. Grau earned his Bachelor of Business Administration from the University of Cincinnati.
About Cross Match Technologies
Cross Match Technologies, Inc. is a leading global provider of biometric identity management systems, applications and enabling technologies to governments, law enforcement agencies and businesses around the world. These solutions are used to capture and process the unique physical characteristics of individuals to establish and verify their identities. Offerings include multiple biometric technologies capable of wireless, mobile or stationary use that encompass fingerprint, palm and full-hand scanners, facial recognition systems, iris scanning technology, document readers, biometric software, and related services. For more information visit www.crossmatch.com.
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