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Gold/Mining/Energy : MYT - Mytec Technologies -- Ignore unavailable to you. Want to Upgrade?

To: j. angeles who wrote (1418)	2/3/2000 12:17:00 PM
From: LEEP8888	Read Replies (2) \| Respond to of 1535

News release: Dated February 3, 2000 Thursday February 3, 11:37 am Eastern Time Company Press Release Mytec Develops Biometric Module for Smith & Wesson "Smart" Handgun TORONTO--(BUSINESS WIRE)--Feb. 3, 2000-- (TSE:MYT. - news) Mytec Technologies Inc. (TSE:MYT - news) announces the successful integration of its biometric technology in the recently announced ''smart'' handgun project commissioned by Smith & Wesson. Mytec's biometric technology ensures the highest level of user authentication for the development of this new state-of-the-art ''smart'' handgun. ''Mytec was selected for this project on the high performance of their technology using a unique pattern recognition algorithm and their early adoption of the Infineon silicon Finger Tip sensor,'' said Kevin Foley, Vice president of Product Engineering at Smith and Wesson, the world's largest manufacturer of handguns. ''We are proud to be included in this important project and look forward to being a part of a new safer generation of handguns'', said Dennis Hollingshead, President and CEO of Mytec Technologies Inc. Mytec Technologies Inc. specializes in the development and licensing of core biometric technologies. Mytec's stand-alone verification hardware has been integrated into several other product configurations suitable for OEM purposes. Mytec is also a leading developer of biometric security software, such as its patented Biometric Encryption algorithm, which links a 128-bit digital key with a biometric image to create a secure package of information, known as a Bioscrypt. The key cannot be retrieved from the Bioscrypt without first presenting the correct fingerprint to an authentication device. Mytec's patented Biometric Encryption technology applies to all biometric images, such as fingers, iris, face, and voice or of other biological origin. Visit our website: 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. --------------------------------------------------------------------------------