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Gold/Mining/Energy : Nexus International (T.NXS)

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To: Frank Fontaine who started this subject9/4/2001 7:49:56 PM
From: Frank Fontaine  Read Replies (1) of 85
 
(COMTEX) B: NEXUS GROUP INTERNATIONAL INC - AcSys Biometrics Produces Ex
B: NEXUS GROUP INTERNATIONAL INC - AcSys Biometrics Produces Excellent Results
On IBG Test

Toronto, Ontario, Sep 04, 2001 (Market News Publishing via COMTEX) -- Nexus
Group International Inc.'s, AcSys Biometrics Corp., announces its Facial
Recognition System demonstrated 100% accuracy in the False Acceptance Rate
category in the primary visit results from Round Three of International
Biometric Group's Comparative Biometric Testing for IT Security and E-Commerce
conducted in 2001.

The important measurement factors for a biometric are known as 'False Acceptance
Rate' (FAR) and 'False Rejection Rate' (FRR). AcSys scored 0% in the FAR during
the primary visit of IBG's test, which means 100% of the time AcSys FRS set at
the medium threshold did not allow an impostor to incorrectly verify as someone
else and its FRR test resulted with a 3.1% outcome. This measurement shows how
often the system incorrectly rejects a valid user.

"We are obviously very pleased with AcSys' results from IBG's Comparative
Biometric Test. The False Acceptance Rate of 0% is very important to recognize
that in the primary visit AcSys' ability to reject impostors was infallible.
This is of paramount importance in addressing privacy concerns and the
prevention of identity theft, and even though the 3.1% False Rejection Rate is
quite an impressive number, we believe the False Acceptance Rate is a far more
important result," said Jerry Janik, president AcSys Biometrics Corp. "I should
also note that since this initial test was performed by IBG on our FRS version
1.3, we have actually improved our system with our upgraded version 1.5 and are
currently working the next iteration."

AcSys FRS has the exclusive worldwide licence for the use of the most
sophisticated, next-generation technology available - Holographic Quantum Neural
Technology or HNeT - in its face recognition technology. A patented, proprietary
technology, HNeT mimics the cortical cell structure of the human brain. In this
way, a cell assembly can locate and track human faces in real- time. It can
learn facial images in real-time, building within its memory all observed forms
of an individual, and subsequently identify that individual, even determine
facial expression such as smiling or frowning.

AcSys Biometrics is a vibrant technology business that is focused on creating
identification and verification solutions for partners in industries such as
banking, Internet transactions, manufacturing, governments, airports, medical
and others. AcSys vision is to revolutionize the use, capability and acceptance
of biometrics applications worldwide.

Other biometrics tested in the Round Three of IBG's Comparative Biometric
Testing conducted in 2001 were fingerprint, signature, iris and voice. Visit
www.biometricgroup.com/study for details on testing methodology and information
on obtaining complete results. IBG is the leading biometric integration and
consulting firm working on behalf of both private sector and government clients
to evaluate, design, and integrate biometric solutions.

AcSys Biometrics is a joint venture between NEXUS Group International Inc. and
AND Corporation, the inventor and developer of HNeT. AcSys is the leading-edge
provider of facial recognition through its exclusive worldwide license for face
and speech recognition based on AND Corporation's patented proprietary core
software - HNeT - with applications for the financial, manufacturing, security
and medical sectors. NEXUS is a Burlington, Ontario- based, organization focused
on leading-edge technologies. Its goal is to position itself as the leader in
biometric technology and other advanced fields. NEXUS trades on the Toronto
Stock Exchange as NXS.


CONTACT: TEL: (905) 634-4111 Darlene Marks, Director, Communications

FAX: (905) 634-1101 NEXUS Group International Inc.
E-MAIL: dmarks@nxsgrp.com
WEBSITE: www.nxsgrp.com

URL: www.nxsgrp.com
MarketbyFax(tm) - To get the NEWS as it happens, call (604) 689-3041.

(C) 2001 Market News Publishing Inc.

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KEYWORD: Toronto, Ontario

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