Article for Cbq Inc (OTC BB:CBQI) 9:07 AM
LCI-SMARTpen To Provide CBQ, Inc. With Biometric E-Business Security Solutions
TUESDAY, DECEMBER 14, 1999 9:07 AM
- BusinessWire
'S-HERTOGENBOSCH, Netherlands/DALLAS, Dec 14, 1999 (BW HealthWire) --
--Dec. 14, 1999-- Signature Authentication Device to Replace Fingerprint
Biometrics At Company's Online Health Care and Payment Subsidiaries LCI Technology Group N.V. (AEX:LCI), today announced an agreement with CBQ, Inc. (OCTBB:CBQI), an e-business solutions provider, to implement LCI-SMARTpen(R) BiAS (TM) End-to-End (E2E(TM)) security solutions at its CBQcare.net and Prioritycash.com subsidiaries.
CBQcare.net, an e-healthcare provider, will use LCI-SMARTpen to enable its Internet-based medical applications such as authentication of prescriptions and transfer of medical records. Physicians using CBQcare.net will use the SMARTpen for activities such as authenticating their identity on prescriptions and continuing education course work. Prioritycash.com, a portal that provides credit card approval and electronic funds transfer (EFT) services, will use the SMARTpen to secure credit card transactions and EFTs. Prioritycash will provide the SMARTpens to some of its customers for use in their businesses.
Rollout of this initiative among CBQ's subsidiaries will occur in two phases. Initially, SMARTpens will be distributed to CBQ's client base of up to 500 physicians. Once the infrastructure is fully developed and operational, CBQ will then adopt use of the SMARTpen to facilitate and enable other e-commerce applications within the medical field.
"The LCI-SMARTpen addresses two of the biggest obstacles facing the online health care industry -- security and trust," said Sam Asseer, chairman and CEO of LCI Technology Group. "The SMARTpen's virtually foolproof authentication of the signer provides physicians, patients and health care organizations a secure online environment. As we learn more about e-business and the need for security within the medical sector, we recognize the significant role that the SMARTpen can play in bringing benefits to both patients and health care professionals."
CBQ CEO John Harris said, "We decided to replace the fingerprint biometrics we were using with the SMARTpen. The ease of use and effectiveness of the SMARTpen make it a product that we know our customers will view as an effective online tool. To be successful, Internet companies, especially in the health care industry, must assure their customers that their online transactions are secure and we feel the SMARTpen will provide that assurance."
LCI-SMARTpen(R) is a ball-pen that writes on regular paper and uses sensors to allow the authentication of people through the biometric characteristics of their signature. The dynamics are unique to the individual user and thus allow for the authentication of the signer, as well as time and location.
According to a recent Internet survey, online activity by doctors has increased 875 percent since 1997 and doctor-patient communications via e-mail has jumped 200 percent in the last year. Securing medical related transactions on the Internet is vital to the online health care market as more and more physicians and patients begin communicating via the Web. Securing medical related transactions on the Internet is vital to the online health care market as more and more physicians and patients begin communicating via the Web.
CBQ expects to implement/deploy the SMARTpen within Q1 of 2000.
About CBQ, Inc. CBQ, Inc., The E-Business Marketplace, (www.cbq.com) is a total end-to-end provider for implementing customer driven e-business solutions. Through its subsidiaries, Cyberquest, Inc., Reliance Technologies, Inc. and Priority One Electronic commerce Corp., it can design, implement, host, build traffic, and process payments for its customer's e-business initiatives. Its newest subsidiary, CBQcare.net, provides a web-based health care management system with applications such as practice management software for patient scheduling, referrals, messaging, charting, insurance claim generation, prescription and formulary management.
About LCI Technology Group N.V. Headquartered in 's-Hertogenbosch, Netherlands, LCI Technology Group N.V. is a holding of 37 companies, providing solutions and services through its subsidiaries employing 1000 people in more than 14 countries, in Europe and the USA. LCI's offers their more than 1,000 multinational customers total solutions in the areas of E-commerce, Business System Applications, Multimedia and Video, Printer Connectivity, Security and Wireless Communications. LCI is listed on the Amsterdam AEX Stock Exchange. For more information, visit the Company's Web sites: lcigroup.com and smartpen.net.
Note: This press release may contain statements that, if not verifiable historical fact may be viewed as forward-looking statements that could predict future events or outcomes with respect to the LCI Technology Group N.V. and its business. The predictions embodied in these statements will involve risks and uncertainties and, accordingly, LCI Technology Group N.V.'s actual results may differ significantly from the results discussed or implied in such forward-looking statements.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
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CONTACT: LCI Technology Group N.V.
Sam Asseer, +31 (0) 73 64 55 255
asseer@nl.lcigroup.com
www.lcigroup.comwww.smartpen.net
or
CBQ, Inc.
John Harris, 972/732-1100
johnh@cbq.com
or
LCI Technology Group, U.S.A.
Gerard Sandoval, 770/392-8629
gerard.sandoval@cbpr.com
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