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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?


To: marvin smith who wrote (11396)11/19/1998 5:15:00 PM
From: David  Respond to of 26039
 
Report of facial recognition technology . . .

In a report from Comdex, the AP yesterday reported that the most promising facial recognition technology, FaceIt by Visionics, was being phased out and that Visionics was "focussing on other technology. [Visionic staff] would not elaborate, but one rival said the product often would misread a face if a person, say, wore glasses one day but not the next."

This is not entirely a reliable report, given that it was probably generated by staff in a Comdex booth. Further, the explanation was provided by a rival. However, if FaceIt is being phased out, that is significant for this competing biometric technology, and comforting to IDX.