To: Mr. Big who wrote (68986 ) 1/29/2000 1:26:00 PM From: hoffy Respond to of 108040
EISQ news was very impressive. Their partnership with HP shows that they are for real and could be a major player in this field. This could be a major winner this week ==================================================================== SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 27, 2000--(OTC BB:EISQ - news) Electronic Identification, Inc. (OTC BB:EISQ - news), developer of Smart ID Card technology supported by a state-of-the-art Intranet framework, today announced EI2 and HP (HWP-NYSE) have strengthened its teaming agreement to meet challenges of capturing the Middle East business. The companies are completing an agreement to match funds to accomplish the technology roadmap and pre-sales engineering objectives. EI2 will lead a comprehensive analysis of its technology with the goal of establishing a roadmap leading to the complete merger of EI2's innovations with mainline HP smart card architecture. At the same time, an evaluation of the latest innovations in embedded chip technology, digital cameras and finger print readers will be conducted. Conceptual architectures for network computing systems and legacy system integration will be created. The following is a direct reprint of an article in the San Jose and Silicon Business Journal, entitled: Safer smart cards goal of partnership BY LORNA FERNANDES Special to The Business Journal ----------------------------------------------------------------- Hewlett-Packard Co. has sealed a partnership with Vancouver, Canada-based Electronic Identification Inc. to enhance security on smart cards. The companies are working together on three projects totaling $500 million for customers in the Middle East, and have several joint projects slated for Europe. Both firms were sketchy on the details of the contract because of a need for secrecy. HP has been researching and deploying smart card technology for several years, and has a facility of about 4000 employees working specifically on smart cards in Grenoble, France. But Electronic Identification brings more to the table, said Donnie Foster, HP general manager of e-solutions for the Americas. ''[The company] uses an interesting technology that allows more information to be stored on the card,'' Mr. Foster said. Smart cards are used for identification and security. The technology stores information about the cardholder on a chip that is surrounded by an antenna and embedded on a card. The card is then placed in the proximity of a card reader, which recognizes the card and approves or negates entrance or access to information. Electronic Identification's compression software allows customers to include photos and finger- or handprints on the chip, which make it desirable for high security clients and government agencies. While technology companies such as HP have been trying for years to ignite interest in smart cards in the United States, the cards have caught on in Europe and the Middle East at a fevered pitch. The technology was introduced in Europe while Europeans were still conducting most transactions in cash, so it was easily adopted, Mr. Foster said. In the United States, Americans had made the transition from cash to credit and were not easily swayed. ''HP has committed to supply all systems integration, hardware and people,'' said Terry Kirby, chairman and CEO of Electronic Identification. ''We are providing the software.'' The company has a small office in Alameda and is planning to open a satellite office near the HP campus in San Jose. It also plans to house employees and equipment in HP's Cupertino offices by year-end. ----------------------------------------------------------------- Lorna Fernandes is a staff writer with the San Francisco Business Times, a sister publication. ''With this agreement in place'', added, Mr. Terry Kirby, Chairman & CEO of EI2, ''working with HP opens a lot of new doors for us. HP with its new aggressive philosophy and its lead in the ''Smart Card'' technology is one of the few companies that has the global clout and presence to successfully assist EI2 in closing our existing government business as well as implementing and promoting EI2's e*PICS technologies and solutions in the global market place that is ripe with major opportunities.'' By taking advantage of market demand and the ''Smart Card'' experience offered by the Grenoble, France component of HP, along with the global consulting unit of HP, EI2 will be able to mobilize both leading design proven services with 24x7 uptime and 99.9% efficiency HP hardware and the very cost effective electronic identification solutions provided by EI2. ''The companies together will build a ''Smart Card'' solution that should quickly become an industry standard for the issue of Identity and Residence Cards as well as Electronic Visas. We at EI2 could not ask for a better systems integrator and the prominent and superior quality of HP products as well as its global services and support organization,'' said Terry Kirby. EI2 develops and markets electronic identification issuing and authentication systems. It also provides an Intranet based framework for the issue of fraud and tamper-proof ID cards via its flagship product line, the Electronic Personnel Identification and Control Systems (e*PICS). E*PICS allows for the rapid development of customer specific applications that include the integration of legacy systems.