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Microcap & Penny Stocks : Saflink Corp. (ESAF) Biometric Software Provider

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To: Jaffo who wrote (2507)12/16/1997 7:36:00 AM
From: Hockeyfan  Read Replies (2) of 4676
 
Questions for the HAAPI :^) -

Where can my company issue some of this convertible preferred stock that doesn't pay any cash dividends, only "deemed dividends" that don't reduce cash, net income, retained earnings or working capital?

How can a standard work that strips each biometric vendor's application down to a lowest common denominator so that the information passed is compatible between systems? The proprietary advantages of the fastest, most accurate and most innovative hardware, capture algorithms and matching algorithms will be stripped out so the fingerprint or retina scan can be read and processed by the even the most unsophisticated operating system on the market, but at least it will be compatible. From the HA-API Philosophy (1.3.6), "The approach described herein adopted for the human identification API is to hide to the degree possible, the unique aspects of individual biometric types and particular vendor applications, products and devices..." This approach may be adequate for 1 to 1 matching, but will never work for one to many matching becase of the loss of identifying information.

The questions still remain about minutiae vs. pattern recognition and how many minutiae points to save and pass on.

If the Department of Defense unilaterally granted a lucrative monopoly to the operating system software for all future smartcards wouldn't the other companies in the industry be a little upset? Wouldn't the other players in the market (Identix, EDS, Lockheed Martin, Printrak, Identicator, etc.) be marching on Capital Hill right now? Maybe they are all to stupid too realize what just happened. Maybe the others don't write software. Maybe their fingerprint scanners just magically work without software or all their customers don't realize that all they got was hardware because only NRiD writes software. Maybe the HA-API is so complicated that only NRiD could have completed the project and the DOD had no choice.

Sorry Jaffo, there is no Santa Claus :^(
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