DynCorp International LLC Signs Memorandum of Agreement with AcSys Biometrics BURLINGTON, ON, Nov. 16 /CNW/ - Nexus Group International Inc. (NXS:TSE) announces that DynCorp International LLC, a Fort Worth, Texas-based unit of DynCorp - a $2 billion information technology and outsourcing solutions firm - and AcSys Biometrics Corp. have signed a Memorandum of Agreement to pursue international development applications including those that have been brought to the fore by certain ICAO initiatives. "We are looking forward to future initiatives with AcSys Biometrics Corp. AcSys' Face Recognition System is very powerful, reliable and easy to maintain. It integrates simply with existing technology and provides the heightened security we know our customers require," said Peter Phelan, DynCorp International's LLC's director of business development.
AcSys Biometrics is the leading provider of neural technology that mimics the analytical processes of the human mind. AcSys Biometrics owns the exclusive worldwide-patented Holographic/Quantum Neural Technology (HNeT) license for face recognition applications. AcSys' FRS is designed to recognize human faces in multiple applications under challenging environmental conditions. It is the only face recognition technology capable of recognizing up to four individuals at one time. Furthermore, because AcSys Biometrics FRS uses HNeT technology that mimics the thought processes of the human brain, it is uniquely able to learn. With this ability, every time it recognizes an individual it updates its memory, thus accommodating gradual changes in physical appearance over time. AcSys' FRS does not need to keep photographs of individuals in its database in order to remember them so this technology is not invasive of privacy.
"AcSys is privileged to be working with such a prestigious organization as DynCorp and is proud to be the provider of choice for their future face recognition biometric needs. We view this strategic alliance as a strong foundation for mutual growth and look forward to pursuing future opportunities with them," said Jerry Janik, president and C.E.O. of AcSys Biometrics.
DynCorp, with world headquarters in Reston, Va., is among the largest employee-owned technology companies in the country. The company employs more than 23,000 technology and technical professionals who work at more than 550 company and customer locations around the world.
AcSys Biometrics is a joint venture between NEXUS Group International Inc. and AND Corporation, the owner and developer of the patented, proprietary Holographic/Quantum Neural Technology (HNeT). AcSys is the leading-edge provider of facial recognition through its exclusive worldwide license for face and speech recognition based on the 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. |