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Gold/Mining/Energy : Biometric Security Corp (BMS.V) -- Ignore unavailable to you. Want to Upgrade?


To: burner who wrote (132)12/1/1998 1:57:00 PM
From: burner  Read Replies (1) | Respond to of 181
 
Interest in Biometric Identification to be acquired

Biometric Security Corp BMS
Shares issued 20,834,412 Nov 30 close $0.19
Tue 1 Dec 98 News Release
Mr. Patrick McCleery reports
Biometric Security has an agreement to acquire 45 per cent of Diometric
Identification, a leading innovator in creating and applying fingerprint
authorization and verification technology.
BII CEO Bob Kamin has announced that his firm has finished collaborating
with I/O Software Inc. to integrate BII's ridge recognition algorithms and
silicon fingerprint verification sensor technology with I/O Software's
Biometric Application Programming Interface.
BII'S Fingerprint Verification module using the silicon fingerprint scanner
represents an innovation in the fingerprint verification industry. Prior to
the development of the model Veriprint 1000/1100 using this technology,
fingerprint solutions were based solely on optical technology. Integrating
BII's technology with I/O Software's product line will create the
industry's most secure log-on, file encryption and data protection
available for user authentication electronic commerce and network security.
1/O Software's BAPI is designed to serve as a standard interface between
all biometric devices and applications. The BAPI specification is expected
to be published as a Request for Comment (RFC) by the International
Standards Organization for possible ratification by the end of 1998. If
ratified it will become the first open-standard Application Programming
Interface (API) for biometric devices.
BII has integrated I/O Software's SecureSuite product with its Veriprint
1000/1100 fingerprint systems. SecureSuite is a three in one software
package that provides a suite of biometric security applications for
Microsoft Window's 95/98, which include log-on, screen saver unlocking,
file and folder encryption and a password bank utility. One of the many
benefits of SecureSuite is that it has the consistent "look and feel" of
the standard Microsoft Windows user interface, so installing and learning
to use the software is quick and intuitive for the end-user. SecureSuite
will also provide support for smart cards using readers compatible with the
Microsoft PC/SC (Personal Computer/Smart Card) standard. The applications
that comprise SecureSuite are:
Secure Start - Secure log-on system for Windows 95/98. Allows users to log
on to their workstations using their fingerprints and/or optional smart
card to prevent unauthorized users from accessing the workstation.
Secure Folder - Windows file/folder encryption application - Encrypts files
and folders, and only allows access to them after authenticating the user's
fingerprint.
Secure Session - Windows password bank. Stores user name and password
information for any Windows application, and releases it upon verification
of a fingerprint. A user can simply place his or her finger on the
fingerprint scanner when an application asks for a password.
Additionally, SecureSuite features:
Multiple Authentication Methods - The user can use any combination of
fingerprint, password, and/or smart card to log on to the computer.
Screen saver locking/unlocking - Locks your computer with a Windows screen
saver, and lets you unlock it just by placing your finger on the
fingerprint scanner.
Windows look and feel - SecureSuite seamlessly integrates with Windows to
maintain the same look and feel that users are already familiar with.
Biometric features are smoothly integrated with minimal impact on the
system.