A great play on fingerprint technology is Mytec technologies on the TSE.
I have seen this stock go from $0.50 to $9.00 in two years. Their
product consists of method for scanning fingerprints using a type
of laser interferometry. An optical analog computer is used to
search an associative database of fingerprints. Partial matches are
made without the need of a human judge. There is no need to use
points on a fingerprint with this method since the physics covers it.
This method smokes the current systems that use lots of general
purpose computer hardware and DSPs and fits in a box the size of a
telephone. In fact, I heard that the technology was demoed at an
upscale health club in the Toronto area for members that had forgot
their cards with great success.
The company is for real, headed by a Ph.d in Physics (I think), It
is rumoured that they are the lead party in a City of Toronto
contract to supply fingerprint technology for nailing welfare
fraud.
I think it's a steal at $8 and change. |
