Cogent, Inc. (Nasdaq: COGT) today announced that on October 19, 2010,
the Delaware Supreme Court refused a shareholder plaintiff's petition
that the Court accept an interlocutory appeal from the Delaware Chancery
Court's October 5, 2010 opinion denying plaintiff's motion for an
injunction to enjoin 3M's tender offer for the outstanding shares of
Cogent, Inc. The Court stated "that exceptional circumstances as would
merit review of that decision do not exist in this case."
About Cogent Systems
Cogent is a global biometric identification solutions provider to
governments, law enforcement agencies, and commercial enterprises.
Cogent provides the highest quality identification systems, products and
services with leading technology, accuracy and speed. Cogent’s Automated
Fingerprint/Palmprint Identification Systems, or AFIS, enable customers
to capture fingerprint and palm print images electronically, encode
prints into searchable files, and accurately compare a set of
fingerprints/palm prints to a database containing potentially millions
of prints in seconds. For more information, please visit www.cogentsystems.com.