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Microcap & Penny Stocks : Delsecur or Grandeur (GDER-OTCBB) DEL-ID for Ecommerce -- Ignore unavailable to you. Want to Upgrade?

To: Thassico who wrote (109)	12/4/1998 1:41:00 PM
From: Rob S.	Respond to of 384

Yes, that would indeed be very small. I knew that the MIAMI project involves mobile computing and communications applications but did not know it would include cellular phones. Do you know if this would be more like a lap-top or "portable cellular Internet terminal" type device? This new type of device is already starting to crop up and is expected to have broad impact in the future. As communications shift increasingly to the Internet, portable devices become more important. With that portability comes increased risk of compromise of important corporate and personal data. A hypothetical application, although this is just off the top of my head and may not be at all possible, is to use a finger reader as a lock mechanism for guns. There is a lot of talk and lawsuits brewing to force the gun industry to adopt some form of lock that only allows the owner to fire it. There are mechanical locks that must be keyed in prior to firing but those have been criticized as taking to long to arm during critical situations. An automatic lock release via finger or palm print reader would be ideal if it could be gotten down to a very compact size and low power. That is a pie in the sky possibility for the delSecur device.

To: Thassico who wrote (109)	12/4/1998 2:42:00 PM
From: Rob S.	Respond to of 384

delSecur said that use in cellular phones is an intended application but that it is further down the road. That will take more development and a round of field trials in addition to those that are underway. However, they said that the technology is well suited to being scaled down for that type of application and that it can be gotten down to the small size needed. I would be careful in considering the cellular phone market at this time. There are plenty of more immediate applications that will not require the refinement in packaging and as extensive field trials. Nice to think about but not nearly ready for "prime time" yet. They will need to have the ASIC in production before they can get the package down to the size needed. That will be at least a few months away.

To: Thassico who wrote (109)	12/4/1998 6:33:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 384

I talked with Dr. Anil K. Jaims at Michigan State University -Computer div. Dr. Jaims is considered an industry expert in the field of computer security and biometrics sensing and other security measures and was contracted by CRIM to do an independent evaluation of delSecur's technology and device. He has no agreement and doesn't get paid anything from delSecur. CRIM is a Canadian government body that does research and development and works with industry. He did say that he has discussed having delSecur do suitability, ergonomics and environmental testing studies of the delSecur device that would be contracted with his department at M.S.U. but that is not at all unusual and I don't think it prejudiced his opinions about the company's product. For anyone who wants to pursue their own verification, you can contact Dr. Jaims at MSU at 514-840-1234. Dr. Jaims said that delSecur has a unique approach to finger reader technology that can offer unique benefits: reduced circuit complexity and cost, inherent security via "analog encryption" of the read finger print into the "delGram" and reportedly high accuracy and reliability of scans. He mentioned that the company is targeting use of the device in cellular phones and other portable devices where small size and low power consumption make it well suited. delSecur's product differs significantly from finger reader stuff offered by Identix and others in it's ability to be scaled down to these small portable platform applications. Jaims held some reservations at this point: he suggested that delSecur needs to perform extensive field trials and environmental testing that would include methodical collection of data. What this would entail is the development of a body of rigorous testing data for such parameters as dirty fingers, wet fingers, angle of deflection, dirty device window, temperature and humidity extremes, shock and vibration, etc. I think part of Jaims suggestion was perhaps intended to solicit more work for his department. delSecur has informed me that the current and scheduled field trials are aimed at gathering just this type of specific data. The outcome of this data gathering is to build a statistical understanding of the devices behavior in real-world applications. A manufacturer who gets serious about developing new products on the scale that is possible with this technology will need this data to determine suitability to task (to make sure they don't get their asses in a ringer with their bosses). That's why the company is excited about the ongoing and planned field studies - they are very important to winning support for new applications. -------- I have been able to "look under the covers" of this company relatively easily. It has taken a little bit of work to find the sources and play phone tag, but that's normal. What I have found very important is the ease with which this company has provided information about independent outside sources to verify their claims. Every company can be expected to be proponents of their products and management decisions and may naturally be suspect of questions aimed at getting at the finer workings of their product and operation plans. I have found delSecur to be refreshingly forthcoming. They have laid themselves bare and told it like it is. They are convinced that they have a viable product and that it will enter production during the next few months. My findings so far have collaborated that confidence. I have tried to provide contact information where I can for personal verification and urge others to make their own inquiry. The company still has some way to go before success is a "done deal". But for investors, the time to buy is usually while there is still some uncertainty that keeps the stock at a low valuation. At this point, although the company is working with the likes of Alcatel and Hitachi, the company does not have production contracts in hand. They express confidence that those contracts will follow in due course in conjunction with the ongoing letters of intent and field trials. IMO, those are reasonable expectations. A single production contract will make this stock valued at a much higher level and multiple contracts will make it sing. In my sincere opinion, now is an excellent time for the investor tolerant of a moderate amount of risk to be investing in delSecur. By the time the stock eliminates the remaining element of risk, the stock will have increased in value by as much as several times.