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Gold/Mining/Energy : Canadian Technology issues
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To: Ira Vine who wrote (549)5/2/1996 12:13:00 PM
From: Fred J Bealle   of 640
 
Ira, re Mytec, the welfare id contract data was not published, but
savings are quoted as being around 27million dollars per year if 3%
of fraud is eliminated. It has been studied by city of Toronto for 2 years
now (says Globe report) and seems to be within days or weeks of decision.
To save $27mil/year, I would be glad to spend that much once.

If AIT Advanced (AIV) handprint machine is less threatening, AIV (TSE) could
have an edge over any 'fingerprint' technology like Mytec's.
As to MYT (TSE) security guard business, I see it as a revenue stream,
and even a client of access control technology.
Finally, Brenda Lawless (blaw@mytec.com) informs me that there will be
a quarterly report on Mytec this week. Are we all holding our breath yet?

Turning red.
Fred b.
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