SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   ----------

                                  SCHEDULE 13G
                                 (Rule 13d-102)

                 INFORMATION TO BE INCLUDED IN STATEMENTS FILED
                   PURSUANT TO RULES 13d-1(b), (c) AND (d) AND
               AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)(1)
                               (Amendment No. 1)(1)

                               Intelli-Check, Inc.
        ----------------------------------------------------------------
                                (Name of Issuer)

                          Common Stock, $.001 par value
        ----------------------------------------------------------------
                         (Title of Class of Securities)

                                    45817G102
        ----------------------------------------------------------------
                                 (CUSIP Number)

                                December 31, 2000
        ----------------------------------------------------------------
              Date of Event which Requires Filing of this Statement

                            Empire State Development
             (f/k/a New York State Science & Technology Foundation)
        ----------------------------------------------------------------
                                  Name of Filer

     Check the  appropriate  box to  designate  the rule  pursuant to which this
Schedule is filed:

                                |X| Rule 13d-1(b)
                                |_| Rule 13d-1(c)
                                |_| Rule 13d-1(d)

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     (1) The  remainder  of this cover page shall be filled out for a  reporting
person's  initial  filing on this  form with  respect  to the  subject  class of
securities,  and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.

     The  information  required in the remainder of this cover page shall not be
deemed to be "filed"  for the purpose of Section 18 of the  Securities  Exchange
Act of 1934 or otherwise  subject to the  liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).



CUSIP No. 45817G102

     1.   NAME OF REPORTING PERSONS
          S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS

                   Empire State Development
                   (f/k/a New York State Science and Technology Foundation)

     2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                   (a) |_|
                   (b) |_|

     3.   SEC USE ONLY

     4.   CITIZENSHIP OR PLACE OF ORGANIZATION

                   State of New York

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

     5.   SOLE VOTING POWER

                   550,000

     6.   SHARED VOTING POWER

                   N/A

     7.   SOLE DISPOSITIVE POWER

                   550,000

     8.   SHARED DISPOSITIVE POWER

                   N/A

     9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
          REPORTING PERSON

                   550,000

     10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
          EXCLUDES CERTAIN SHARES

                   |-|

     11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                   7.2%

     12.  TYPE OF REPORTING PERSON

                   CO+

---------------------
     +Not for profit public corporation.


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Item 1(a).   Name of Issuer:

             Intelli-Check, Inc.


Item 1(b).   Address of Issuer's Principal Executive Offices:

             246 Crossways Park West
             Woodbury, New York 11797


Item 2(a).   Name of Person Filing:

             Empire State Development
             (f/k/a New York State Science and Technology Foundation)


Item 2(b).   Address of Principal Business Office or, if None,
             Residence:

             30 South Pearl Street
             Albany, New York 12245


Item 2(c).   Citizenship:

             N/A


Item 2(d).   Title of Class of Securities:

             Common Stock, $.001 par value


Item 2(e)    CUSIP Number:

             45817G102


Item 3.  If this  statement is filed  pursuant to Rules  13d-1(b),  or 13d-2(b),
         check whether the person filing is a:

             Not Applicable


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Item 4. Ownership.

     Provide  the  following  information  regarding  the  aggregate  number and
percentage of the class of securities of the issuer identified in Item 1.

        (a)   Amount beneficially owned:

                      550,000


        (b)   Percent of class:

                      7.2%


        (c)   Number of shares as to which such person has:

               (i)   Sole power to vote or to direct the vote: 550,000

               (ii)  Shared power to vote or to direct the vote: N/A

               (iii) Sole power to dispose or to direct the disposition of:
                     550,000

               (iv)  Shared power to dispose or direct the disposition of: N/A

Item 5.  Ownership of Five Percent or Less of a Class.

                  Not Applicable.

Item 6.  Ownership of More than Five Percent on Behalf of Another
         Person.

                  Not Applicable.

Item 7.  Identification and Classification of the Subsidiary Which
         Acquired the Security Being Reported on by the Parent Holding Company.

                  Not Applicable.

Item 8.  Identification and Classification of Members of the Group.

                  Not Applicable.


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Item 9.  Notice of Dissolution of Group.

                  Not Applicable.

Item 10. Certification.

                  Not Applicable.


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                                    SIGNATURE

     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.

                                                    February 9, 2001
                                             --------------------------------
                                                        (Date)

                                             EMPIRE STATE DEVELOPMENT
                                             (F/K/A NEW YORK STATE SCIENCE
                                             AND TECHNOLOGY FOUNDATION)

                                             By:     /s/ Francis Walton
                                                 ----------------------------
                                                        Francis Walton

     The original  statement  shall be signed by each person on whose behalf the
statement is filed or his authorized representative.  If the statement is signed
on behalf of a person by his authorized  representative (other than an executive
officer  or  general   partner  of  the   filing   person),   evidence   of  the
representative's  authority to sign on behalf of such person shall be filed with
the  statement,  provided,  however,  that a power of attorney  for this purpose
which is already on file with the Commission may be  incorporated  by reference.
The name and any title of each person who signs the statement  shall be typed or
printed beneath his signature.



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