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Gold/Mining/Energy : MYT - Mytec Technologies

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To: diddlysquatz who wrote (1245)5/4/1999 11:08:00 AM
From: Ian A.  Read Replies (1) of 1535
 
News:

Attention Business Editors:

Mytec signs up Simple Technology to distribute Touchstone(R) Pro, its newest biometric product

TORONTO, May 4 /CNW/ - Mytec Technologies Inc., a leader in providing
trusted fingerprint-based biometric solutions to organizations requiring high
levels of security for network and physical access, announced today that
Simple Technology Inc., a preferred computer product distributor in Canada,
has agreed to distribute Mytec's Touchstone(R) Pro throughout Canada.
''Simple Technology is very pleased to add the Touchstone Pro biometric
network access product to our lineup,'' said Daniel Reio, Director of Sales
and Marketing for Simple. ''As distribution specialists in biometrics, we
believe Mytec's product offers resellers an elegant - and trusted - solution
from a biometrics industry leader for their clients who require network access
security.''
The non-exclusive agreement calls for Simple to focus on national sales
coverage to develop Mytec's market for Touchstone Pro, while at the same time,
building product awareness and sales volumes.
''Simple Technology provides the right coverage for us as we try to
increase our customer base in Canada for network access security products,''
said Chris Bishop, Director of Partner Development for Mytec. ''Simple has
moved quickly to take a leading position in promoting and distributing
biometric technology solutions to its resellers. Their technical knowledge and
distribution prowess, along with Mytec's Touchstone Pro, will help expand the
use of fingerprint-based biometric solutions in many markets.''
Touchstone Pro, unveiled late last month, is one-third the size and
one-third the price of Mytec's previous network access product. Mytec's robust
biometric fingerprint solution, aimed at network access security concerns, has
been improved with the addition of the latest silicon sensor technology. This
has allowed Mytec to take Touchstone Pro to the most advanced level of
technology in the industry.
Touchstone Pro's on-board processing power makes it a trusted and secure
biometric device because all sensitive operations happen within the device and
not on the host PC. Once all operations are complete and authentication is
confirmed, the user's secret key is released from Touchstone Pro. This key is
protected by link encryption while traveling to the host, preventing snooping
and replay attacks.

About Simple Technology Inc.

Simple Technology Inc., with offices in Mississauga, Montreal, Vancouver
and Austin, Texas, is a value-added computer product distributor focused on
OEM components and specializing in Biometric Security Devices, Smart Card
Technology and Thin Client Computing. In business since 1986, Simple
Technology Inc. is the preferred distributor of choice for many of Canada's
top computer resellers, due to its ability to react quickly and change to meet
the dynamic needs of its customers. For more information on Simple Technology
Inc., please contact them toll free at 1-800-565-7157, via e-mail at
sales(at)simpletechnology.com or visit them online at
www.simpletechnology.com.

About Mytec Technologies Inc.

Mytec Technologies Inc. (MYT:TSE), headquartered in Toronto, is a leading
provider of fingerprint-based biometric solutions to organizations requiring a
high level of security for network and physical access. Mytec provides strong
authentication through the use of a unique, robust finger pattern recognition
algorithm, operating in a trusted device. Individual privacy is maintained
because only a non-reversible biometric template is stored, not the
fingerprint itself. Through its wholly owned subsidiary, Counterforce, Mytec
also provides alarm monitoring services to more than 680 Independent Alarm
Company partners who sell, install and service security alarm systems. For
more information on Mytec Technologies Inc., please contact them at
416-467-6000, via e-mail at sales(at)mytec.com or visit them online at
www.mytec.com.

Mytec Technologies Inc., the Mytec logo, Mytec, Bioscrypt and Touchstone
are trademarks or registered trademarks of Mytec Technologies Inc. All other
trademarks or registered trademarks are the property of their respective
companies.
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