Exhibit 99.1

FOR IMMEDIATE RELEASE

SAFLINK CORPORATION REPORTS THIRD QUARTER 2005 FINANCIAL RESULTS

BELLEVUE, WA – (November 14, 2005) – SAFLINK^® Corporation (NASDAQ: SFLK), a leading provider of biometric and smart card security solutions, today reported its financial results for its third quarter ended September 30, 2005.

Revenue for the third quarter of 2005 was $2.4 million, compared to $1.8 million for the second quarter of 2005 and $2.4 million for the third quarter of 2004. SAFLINK reported a net loss attributable to common stockholders of $26.1 million, or $0.30 per share, in the third quarter of 2005, which included non-cash impairment charges to goodwill of $19.3 million and intangible assets of $600,000. This is compared to a net loss attributable to common stockholders of $6.6 million, or $0.08 per share, in the second quarter of 2005, and a net loss attributable to common stockholders of $7.2 million, or $0.12 per share, in the third quarter of 2004.

Non-GAAP operating loss for the third quarter of 2005 was $5.5 million, which excludes certain non-cash charges such as amortization of intangible assets, impairments of goodwill and intangible assets and stock-based compensation expense. This is compared to a non-GAAP operating loss of $4.1 million for the third quarter of 2004. SAFLINK believes that supplementary non-GAAP measures for operating results enhance an investor’s overall understanding of the financial performance of SAFLINK by reconciling more closely the actual cash expenses of SAFLINK in its operations, as well as excluding expenses that, in management’s view, are unrelated to the core operations of SAFLINK. A reconciliation of non-GAAP operating loss and non-GAAP net loss to reported GAAP operating loss and net loss is provided below.

Glenn Argenbright, President and CEO of SAFLINK commented, “The third quarter was marked by our delivery on two large projects – the eastern state penitentiary system and Florida seaport initiatives, as well as the launch of our new product EntryPoint^™. The product was well-received in the marketplace and we look forward to rolling out additional solutions in connection with EntryPoint and other developed technology in the next three to six months.”

Argenbright continued, “We were also gratified to see further movement on some of the major Federal initiatives we’ve been pursuing, especially the Registered Traveler program, for which the roll-out timetable was clarified in recent weeks by the Transportation Security Administration.”

SAFLINK will hold a conference call to discuss financial results today at 5:00 PM EST. SAFLINK may provide forward-looking information on this call. To listen to the conference, please call 1-800-938-0653, domestically, or 973-935-2408, internationally. A recording of the call will be available on the Investors page of the SAFLINK web site for thirty days after the call.

About SAFLINK

SAFLINK Corporation offers biometric security and smart card solutions that protect intellectual property, secure information assets and eliminate passwords. SAFLINK Identity Assurance Management™ solutions allow administrators to verify identity and control access to computer networks, physical facilities and applications. SAFLINK also offers protection and privacy for email, web applications and electronic documents. For more information, please visit http://www.saflink.com or call 800-762-9595.

NOTE: “SAFLINK” is a registered trademark of SAFLINK Corporation. “EntryPoint” and “Identity Assurance Management” are trademarks of SAFLINK Corporation.

This release contains information about management’s view of our future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with our financial condition, our ability to sell our products, our ability to compete with competitors and the growth of the security market. In addition, our success will depend in part on our ability to keep pace with a changing marketplace, integrate new technology into our core software and hardware and introduce new products and product enhancements that build off of our existing technologies to address the changing needs of the marketplace. Various technical problems and resource constraints may impede the development, production, distribution and marketing of our products and services. Also, laws, rules, regulations or industry standards may be adopted in response to these technological changes, which in turn, could materially and adversely affect how we will do business. We encourage you to review other factors that may affect our future results in our Annual Report on Form 10-K, as well as other documents we file periodically with the Securities and Exchange Commission.

INVESTOR RELATIONS CONTACT:

Tony Schor, Lindsay Kenoe

(847) 945-2222

www.investorawareness.com

SAFLINK PRESS CONTACT:

Sterling Communications

Rachel Berry

(253) 853-5030

rberry@sterlingpr.com

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SAFLINK CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

(In thousands, except per share data)

	Three months ended September 30,						Nine months ended September 30,
	2005			2004			2005			2004
Revenue:
Product	$	2,032		$	1,924		$	4,309		$	2,872
Service		326			487			2,039			1,259
Total revenue		2,358			2,411			6,348			4,131
Cost of revenue:
Product		966			851			1,842			1,453
Service		221			311			1,242			764
Amortization of intangibles		670			463			2,012			557
Total cost of revenue		1,857			1,625			5,096			2,774
Gross profit		501			786			1,252			1,357
Operating expenses:
Product development		2,313			1,658			6,925			3,380
Sales and marketing		2,378			2,193			7,060			5,164
General and administrative		1,965			1,541			5,499			3,590
Amortization of intangibles		38			31			116			58
Impairment loss on intangible assets		600			—			1,500			—
Impairment loss on goodwill		19,300			—			19,300			—
Stock-based compensation		295			380			1,162			399
Total operating expenses		26,889			5,803			41,562			12,591
Operating loss		(26,388	)		(5,017	)		(40,310	)		(11,234	)
Interest expense		(37	)		(21	)		(103	)		(22	)
Other income, net		135			73			296			107
Change in fair value of outstanding warrants		—			(29	)		172			1,808
Loss before income taxes		(26,290	)		(4,994	)		(39,945	)		(9,341	)
Income tax provision		(203	)		13			(501	)		39
Net loss		(26,087	)		(5,007	)		(39,444	)		(9,380	)
Modification of outstanding warrants		—			(2,167	)		(59	)		(2,167	)
Net loss attributable to common stockholders	$	(26,087	)	$	(7,174	)	$	(39,503	)	$	(11,547	)
Basic and diluted loss per common share	$	(0.30	)	$	(0.12	)	$	(0.48	)	$	(0.28	)
Weighted average number of common shares outstanding		88,057			60,202			82,792			40,574

SAFLINK CORPORATION

Supplemental Non-GAAP Information

(Unaudited)

(In thousands, except per share data)

	Three months ended September 30,						Nine months ended September 30,
	2005			2004			2005			2004
Operating loss	$	(26,388	)	$	(5,017	)	$	(40,310	)	$	(11,234	)
Adjustments to reconcile operating loss in the financial statements to non-GAAP operating loss:
Amortization of intangibles – cost of sales		670			463			2,012			557
Amortization of intangibles – general and administrative		38			31			116			58
Impairment loss on intangible assets		600			—			1,500			—
Impairment loss on goodwill		19,300			—			19,300			—
Stock-based compensation		295			380			1,162			399
Non-GAAP operating loss	$	(5,485	)	$	(4,143	)	$	(16,220	)	$	(10,220	)
Net loss attributable to common shareholders	$	(26,087	)	$	(7,174	)	$	(39,503	)	$	(11,547	)
Adjustments to reconcile net loss attributable to common shareholders in the financial statements to non-GAAP net loss attributable to common stockholders:
Amortization of intangibles – cost of sales		670			463			2,012			557
Amortization of intangibles – general and administrative		38			31			116			58
Impairment loss on intangible assets		600			—			1,500			—
Impairment loss on goodwill		19,300			—			19,300			—
Stock-based compensation		295			380			1,162			399
Change in warrant valuation		—			29			(172	)		(1,808	)
Modification of outstanding warrants		—			2,167			59			2,167
Tax benefit related to impairment loss on intangible assets		(216	)		—			(540	)		—
Deferred income tax associated with acquisition		13			13			39			39
Non-GAAP net income attributable to common shareholders	$	(5,387	)	$	(4,091	)	$	(16,027	)	$	(10,135	)
Non-GAAP basic and diluted net loss per share	$	(0.06	)	$	(0.07	)	$	(0.19	)	$	(0.25	)
Weighted average number of common shares outstanding		88,057			60,202			82,792			40,574

Statement Regarding Non-GAAP Disclosures:

To supplement the financial information that is presented in accordance U.S. generally accepted accounting principles (GAAP), we present certain financial measures that exclude certain non-cash charges, including charges related to acquisitions such as amortization of intangible assets, impairments of goodwill and intangible assets and stock-based compensation expense which would otherwise be required by GAAP. We believe that these non-GAAP measures facilitate evaluation by management and investors of our ongoing operating business and enhance overall understanding of our financial performance by reconciling more closely our actual cash expenses in operations as well as excluding expenses that in management’s view are unrelated to our core operations, the inclusion of which may make it more difficult for investors to compare our results from period to period.

Non-GAAP financial measures should not be considered in isolation from, as a substitute for, or superior to, financial information presented in compliance with GAAP, and non-GAAP financial measures we report may not be comparable to similarly titled items reported by other companies.

SAFLINK CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

(In thousands)

	September 30, 2005			December 31, 2004
ASSETS
Current assets:
Cash and cash equivalents	$	21,201		$	22,217
Accounts receivable, net		1,818			1,737
Inventory		497			672
Prepaid expenses		484			756
Other current assets		234			278
Total current assets		24,234			25,660
Furniture and equipment, net		1,026			1,153
Intangible assets, net		20,557			24,186
Goodwill		75,923			95,223
Total assets	$	121,740		$	146,222
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	1,603		$	1,665
Accrued expenses		2,487			2,207
Notes payable to related party		1,250			1,250
Other current obligation		765			937
Deferred revenue		213			340
Total current liabilities		6,318			6,399
Deferred tax liability		127			628
Total liabilities		6,445			7,027
Stockholders’ equity:
Common stock		889			797
Additional paid-in capital		268,762			254,328
Deferred stock-based compensation		(764	)		(1,841	)
Accumulated deficit		(153,952	)		(114,089	)
Total stockholders’ equity		115,295			139,195
Total liabilities and stockholders’ equity	$	121,740		$	146,222