Everyone,
Tuesday October 13, 7:01 am Eastern Time
Company Press Release
SOURCE: Philips Flat Display Systems
Philips Flat Display Systems and Who? Vision
Systems Form Partnership To Develop Highly Secure Fingerprint
Authentication Technology
SAN JOSE and LAKE FOREST, Calif., Oct. 13 /PRNewswire/ -- Philips Flat Display Systems (FDS), a division of Royal
Philips Electronics of the Netherlands, and Who? Vision Systems, Inc., a leading developer of fingerprint biometric
technologies and products, today announced they have partnered to develop and market a new line of highly reliable flat
fingerprint sensors for an array of portable computing and consumer electronics products.
The two companies are developing an innovative sensor design that addresses a number of key product requirements:
* Thinness for easy integration with devices such as mobile phones, PDAs
and notebook computers;
* Reliability to ensure only authorized users are granted system access;
* Durability to meet the strict requirements demanded by handheld devices;
and
* Ergonomic features to increase recognition accuracy and ensure user
comfort and convenience.
''Biometric security is an emerging market that allows Philips to integrate our flat display technology and create products that
provide added value for our customers,'' said Matthew Medeiros, Chairman and CEO of Philips Flat Display Systems. ''We're
entering an image-centric age where the display becomes the human interface surface of portable devices, office environments
and entertainment. In the future, all of these activities will involve the use of a flat panel display.''
According to Alex Dickinson, CEO of Who? Vision Systems, ''The boom in multi-function portable devices has sparked a
tremendous need for secure personal identification. Our expertise in developing fingerprint security devices coupled with Philips'
innovations in flat panel displays and consumer electronics technologies create an unprecedented opportunity for us to set the
direction for the emerging biometric security market.''
About Philips Flat Display Systems
Philips Flat Panel Display Systems develops, manufactures and markets state-of-the-art flat panel display products based on
active matrix and passive matrix liquid crystal technology. A full line of display panels ranging from 5 to 23 inches are available
for desktop monitor, notebook, industrial, automotive and medical system applications. Philips Flat Panel Display Systems is a
leading developer and manufacturer of active matrix LCD products in the world. Philips Flat Panel Display Systems is part of
Philips Components and is headquartered in San Jose, Calif. It maintains facilities in Europe, the Americas and Asia-Pacific.
Royal Philips Electronics of the Netherlands is one of the world's biggest electronics companies, with sales of over $39 billion in
1997. It is a global leader in color television sets, lighting, home telephony products, electric shavers and recorded music
(PolyGram). Its 225,000 employees in more than 60 countries are active in the areas of lighting, consumer products,
components, semiconductors, and professional products and services. Philips is quoted on the NYSE, London, Frankfurt,
Amsterdam and other stock exchanges. News from Philips is located at www.news.philips.com.
About Who? Vision
Who? Vision Systems, Inc. develops and markets a broad array of fingerprint biometric technologies and products that link
personal identification to the digital world. The company's family of TactileSense technologies enhances security and
convenience by eliminating passwords in corporate networks, Internet transactions, home computers, and consumer electronics
devices. An XL Vision and Safeguard Scientifics partnership company, Who? Vision is headquartered in Lake Forest,
California. For further information, please visit the company at whovision.com.
NOTE: TactileSense is a trademark of Who? Vision Systems. All other trademarks and registered trademarks are properties
of their respective owners.
SOURCE: Philips Flat Display Systems
Any impact on NRI? When the hell is Who? Vision going public?
Regards,
Bob |
