I think this stock is gaining momentum.
they got some agreement for their identification
technology, and they are going to be quoted in Germany.
This stock can burst if they ever reach the Newer Market.
Archibald ( powerof2 )
Monday April 27, 11:37 am Eastern Time
Company Press Release
SOURCE: Mytec Technologies Inc.
Mytec One of the First Biometric Companies in the World to Receive Certification
Leading computer security association certifies finger image security solution to accelerate market acceptance of emerging
technology
TORONTO, April 27 /CNW-PRN/ - Mytec Technologies Inc. (TSE:MYT - news) today announced that it was awarded ICSA (International Computer Security
Association) certification on its biometric finger imaging product, Touchstone(R), at a press conference in Washington, DC.
''Biometrics is one of the foremost emerging markets yet many companies are uncertain about the quality and security of our industry's products,'' said Thomas A.
Grecco, president and CEO, Mytec. ''ICSA certification remedies the uncertainty. Biometric vendors like Mytec have products tested, validated and are part of a
continual improvement program to stay ahead of the game in a highly competitive and emerging market.''
ICSA, an organization that represents the interests of the largest and most influential computer security solution vendors, announced the certification of Mytec's
product along with the products of five other biometric computer security companies at a press conference today at the National Press Club in Washington.
''ICSA is pleased to announce the certification of Touchstone, a self-contained biometric finger imaging device. Touchstone today received ICSA certification in the
first round of biometric testing,'' said Dave Harper, program manager for the Commercial Biometric Developers Consortium. ''ICSA certification is a critical
enabler of widespread biometric deployment because certification assures customers that the products meet ICSA strict standards for quality and security.''
Biometrics is becoming increasingly popular for a wide range of applications which help improve personal privacy, secure electronic commerce transactions and
reduce crime, said Harper. ICSA's Commercial Biometrics Developers Consortium is comprised of a who's who list of the world's leading biometric vendors. As
consortium members, the vendors work to promote biometrics education, establish testing and certification standards, and promote ethical industry practices.
How ICSA Certification Works
Certification is a continuous, ongoing process. ICSA constantly reviews and improves its own certification criteria to adapt to the rapidly changing security
landscape. As is standard with all ICSA product certifications, vendors who are unable to keep pace with ICSA's increasingly stringent certification standards will
lose their certification.
ICSA today announced the certification of six leading biometric products in the first round of biometric testing. The vendors included in this round of testing include
SAC Technologies; Miros, Inc.; Hi-Key Technology; iNTELiTRAK; National Registry, Inc.; and Mytec Technologies Inc., said Harper.
ICSA Biometric Industry Buyer's Guide
Available at today's press conference, is the ICSA Biometric Industry Buyer's Guide, a comprehensive 150 page report that examines the state of the biometrics
industry today. The report may be obtained by contacting ICSA at icsa.net or email Pat Ray of ICSA: pray(at)icsa.net.
About ICSA
ICSA is an independent organization that provides the world with Internet security assurances. Established in 1989 as the National Computer Security Association
(NCSA), the ICSA now has offices in North America, Europe and Asia. Visit the ICSA at www.icsa.net.
About Mytec Technologies Inc.
Mytec Technologies Inc. (TSE:MYT - news) is headquartered in Toronto, Ontario with distribution partners in various worldwide locations. Mytec specializes in
personal and corporate data security solutions using biometrics, and develops both hardware and software applications. Mytec has also developed and patented
algorithms for secure key management using a biometric such as a fingerprint. Through its wholly owned subsidiary, Counterforce, Mytec also provides alarm
monitoring services to more than 650 Independent Alarm Company partners who sell, install and service security alarm systems. Visit our website:
mytec.com.
Mytec, Mytec Technologies Inc., the Mytec logo, Bioscrypt, Touchstone, and Biometric Encryption are trademarks or registered trademarks of Mytec
Technologies Inc. in Canada and other countries. All other brand or product names are or may be trademarks of, and are used to identify products or services of,
their respective owners.
SOURCE: Mytec Technologies Inc. |
