LSKA Liska Biometry Inc (GM)

Liska Biometry (OTC BB:LSKA) a biometrics solutions provider, today announced that its board of directors has authorized the cancellation of shares of the Company's outstanding common stock that were repurchased from a former officer in October, 2004. Following the cancellation, the Company will have approximately 22.4 million shares outstanding. The quantity repurchased amounts to approximately 1,871,666 shares or 7.7% of the company's outstanding stock and were repurchased from the individual in a private transaction. "This share repurchase clearly demonstrates the confidence that the board of directors and management has in the Company's long-term prospects "said Christopher J. LeClerc, President and CEO of Liska Biometry." The repurchase of these shares should significantly impact future earnings per share and is consistent with the Company's continuing efforts to enhance shareholder value." Liska Biometry Safe Harbor Statement This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of Liska Biometry, see "Risk Factors" in the Company's Annual Report on Form 10- KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.