L-1 Identity Solutions Files Form 10-Q (ID)

L-1 Identity Solutions, Inc. ID, a leading supplier of identity solutions and services, filed its Form 10-Q with the Securities and Exchange Commission containing financial results for the first quarter ended March 31, 2011. As previously disclosed, L-1 believes that the parties have made meaningful progress with the Committee on Foreign Investment in the United States in connection with the pending acquisition of L-1 by Safran SA. CFIUS informed L-1 on May 4, 2011 that it had accepted the refiled joint notification which provides additional time to negotiate the terms of a definitive mitigation agreement. This acceptance commenced a new 30-day review period scheduled to expire on June 2, 2011.