VANCOUVER, British Columbia, July 6, 2005 (PRIMEZONE) -- Imagis Technologies Inc. ("Imagis") (OTCBB:VISRF) (TSX-V:VIS) (DE:IGYA) announced today that it has obtained the required regulatory and legal approvals, and from this point forward will be known as Visiphor Corporation ("Visiphor"). The company continues under the Canada Business Corporations Act and there is no change in the share capital structure of the company.
The new name is derived from the term "visual metaphor" which describes how the company's advanced integration solutions utilize visual symbology to reduce the complexity involved in connecting disparate data and systems.
In accordance with the official name change, the company will also adopt the following new stock symbols, which will come into effect at market openings on July 7, 2005:
TSX-Venture: VIS (effective July 6, 2005) OTCBB: VISRF (effective July 7, 2005)
Visiphor is also announcing an address change for its Vancouver head office. All correspondence should be directed to:
Visiphor Corporation Suite 1100 -- 4710 Kingsway Burnaby, British Columbia V5H 4M2
About Visiphor
Based in Vancouver, British Columbia, Visiphor specializes in developing and marketing software products that enable integrated access to applications and databases. The company also develops solutions that automate law enforcement procedures and evidence handling. These solutions often incorporate Visiphor's proprietary facial recognition algorithms and tools. Using industry standard "Web Services", Visiphor delivers a secure and economical approach to true, real-time application interoperability. The corresponding product suite is referred to as the Briyante Integration Environment (BIE).
Numerous production deployments of BIE have demonstrated remarkable reductions in the time, complexity, and risk associated with defining, implementing, and supporting integrated access to physically and technologically disparate computers. The broad ranging applicability of BIE into a variety of areas (e.g., health care, financial services, government services, telecommunications, etc.) has been clearly demonstrated by recent, highly successful deployments in the United States and Canada. Visiphor's booking and facial recognition systems are deployed in Canada, the United Kingdom, United States, Mexico and the Far East.
Visiphor is a Microsoft Certified Partner.
For information about Imagis or the company's products and services, please refer to www.visiphor.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Roy Trivett" President and CEO, Visiphor Corporation
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Forward Looking Statements: This press release may contain statements that constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include the risks and uncertainties described in Imagis Technologies Inc.'s Form 10-KSB filed with the United States Securities and Exchange Commission. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.