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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 492.01+1.3%Nov 28 9:30 AM EST

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To: Bob Biersack who wrote (16136)4/22/2002 9:11:38 AM
From: Frederick Langford  Read Replies (2) of 26752
 
Identix Launches BioCard SDK for Integration Of Fingerprint Biometric Templates on Smart Cards

Template on Card Demonstrations to Be Held in Identix Booth
At CardTech/SecurTech in New Orleans, April 23-25

LOS GATOS, Calif., April 22 /PRNewswire-FirstCall/ --
Identix Incorporated (Nasdaq: IDNX), a worldwide leader in providing
fingerprint biometric security identification and authentication solutions,
announced today that it has launched its BioCard(TM) Software Developers Kit,
enabling integration of fingerprint biometric templates on smart cards.
Identix will demonstrate biometric template on card at CardTech/SecurTech,
April 23-25 in New Orleans, booth 873, as a critical component of its new
security paradigm, Continuity of Authentication(TM).
Identix Chairman & CEO Bob McCashin commented, "As the data on smart cards
become more valuable, the need to ensure that the right person is accessing
the right information or entering an authorized facility is critical to
prevent fraudulent and criminal activities. Today, the weakest link in smart
card security is the method used for identifying and authenticating the true
card owner. We believe that simply requiring knowledge of a 4-digit PIN-code
or PUK-code to verify smart card ownership is unreliable and very risky."
Authentication is the essential component for security because it is the
gatekeeper or "lock" on the security system. If an imposter gets past the
"lock" of authentication (via compromised PIN, for example), the system
believes the imposter holding the smart card is the rightful card owner. The
authorization and administration components then obligingly give the imposter
all the rights and privileges of the rightful smart card owner.
Biometrics is the authentication mechanism that, combined with smart card
technology, ensures this scenario cannot occur. Identix believes that smart
cards integrating biometrics provides a significantly heightened and more
reliable method verify that the true, rightful smart card owner is present and
can participate in transactions.

The benefits of biometric authentication used in combination with smart
cards includes:

-- Protects against card content alteration or modification.
-- Supports secure transmission of data into or out of the card.
-- Prevents individuals not biometrically matching the template on the
card from using the card.
-- Secures on-card functionality, such as private keys for encryption and
decryption.

Identix' BioCard SDK is available now to smart card manufacturer's and
integrators, enabling them to integrate fingerprint biometrics on to a card.
Identix, as a market leader in fingerprint biometrics makes available its
time-proven, robust algorithms in the BioCard SDK, enabling optimum speed and
accuracy of matching via Identix BioEngine(TM) as well as ease of integration.

Key features of the BioCard SDK include:

-- Supports multifactor authentication including PINs
-- Minimal coding enabling integration of most applications and Java
applets within hours using function calls
-- Future support for Match-on-Card capabilities

Identix is currently working with major smart card manufacturers to
integrate its BioCard SDK with their smart cards.

About Identix
Identix Incorporated, www.Identix.com , is a leader in designing,
developing, manufacturing and marketing products for the capture and/or
comparison of fingerprints for security, anti-fraud, law enforcement, physical
access and other applications. Identix designs and develops proprietary,
cost-effective, security products and solutions for personal identification
and verification. Through itrust(TM), Identix offers an array of Internet and
wireless web secure transaction processing services, and provides a wide range
of applications to markets that include corporate enterprise security,
Intranet, extranet, and Internet, wireless Web access and security,
E-commerce, government and law enforcement agencies.

Fred
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