- Email: [email protected]
Veristar and Hypercom add biometrics at point of sale
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5/8/01
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BUSINESS WATCH
Company news • Keyware continues along its aggressive acquisition path with the US$1.1 million purchase of Data Management and Processing, a provider of smart card authorization services for merchants and card issuers. The acquisition should strengthen Keyware’s existing biometric and smart card business, allowing the company to offer secure biometric authentication in addition to providing authorization for each customer card transaction. In addition to a cash payment for the company, Keyware will give an additional $800,000 in Keyware stock to be paid out over the next two years. • DoorTek has become the latest channel partner for Identix in the physical access control market. DoorTek has already begun to incorporate Identix’s V20 fingerscan readers into its DoorTek access control systems, which it markets to dealers around the world. Using a Wiegand interface, the Identix V20 reader can integrate into existing proximity card systems and the standard product caters for 512 users, the companies claim. In a separate announcement, Best Access Systems will also begin integrating V20 readers into its access control systems. • UniSecurity has partnered with Siemens’ Program and System Engineering (PSE) TechLab in a move to provide a biometric-enhanced PKI (public key infrastructure) solution for SAP R/3. Under the terms of the agreement, Siemens’ ID Mouse will be UniSecurity Certified to guarantee that the Siemens’ input devices have been tested and work seamlessly with UniSecurity’s SecuForce Security Suite. In separate announcements, UniSecurity announced it will also partner with Baltimore Technologies and RSA Data Security.
6
Corporate News
Partnership
Mytec becomes Bioscrypt and looks at healthcare
eTrue picks AuthenTec as fingerprint sensor supplier
Mytec Technologies has finalized its purchase of Biometric Identification Inc (BII) and changed its corporate name to Bioscrypt. As a result, the company’s TSE ticker symbol will be changed to BYT. Mytec shareholders also voted to issue almost 12 million shares to BII shareholders. Bioscrypt said it plans to sell in the areas of physical, network and wireless access with its Bioscrypt on Board strategy. The company also outlined its revenue expectation for the 2001 financial year at US$13 million. Meanwhile, MedcomSoft, a Canadian developer of healthcare information systems, is working with Mytec to help hospitals, clinics and pharmacies secure access to electronic patient data. MedcomSoft plans to attach Mytec’s USB fingerprint scanner to a PC or notebook, which will allow doctors to use a fingerprint to authenticate their identity when accessing patient records.
eTrue is to use fingerprint chips from AuthenTec as part of its biometric logon service. The fingerprint sensors will be used alongside eTrue’s own TrueFace facial recognition technology. eTrue will uses AuthenTec’s FingerLoc and EntrePad product families of sensors which are said to be more accurate as they read the live fingerprint underneath the surface of the skin. In a separate move, eTrue announced a partnership with Baltimore Technologies. As part of the deal eTrue will integrate its biometric authentication service with Baltimore’s SelectAccess solution to provide secure access control and authorization management using multiple biometrics. eTrue said the partnership could also act as a springboard into additional services and solutions as needed, such as incorporating public key infrastructure (PKI) capabilities with Baltimore’s UniCERT solution. One of the major focus areas of the partnership will be the healthcare market.
Contact: Lorelei Luchkiw at Bioscrypt, Tel: +1 905 624 7717, email: [email protected]
Partnership
Contact: David Teitelman at eTrue, Tel: +1 508 303 9901, email: [email protected]
Partnership
Veristar and Hypercom add Sense makes alliances biometrics at point of sale Sense Technologies has signed a strategic Hypercom Corporation has partnered with VeriStar in a bid to add biometrics as a method of payment for consumers at point-of-sale terminals. Hypercom already handles traditional plastic cards, smart cards and paper cheques, but will now evaluate the benefits of developing an integrated biometric acceptance infrastructure, which will include multi-lane, government/EBT, wireless and stand-alone merchants in domestic and international markets. Hypercom’s pedigree as a terminal supplier is clear with its internet-enabled ICE equipment and payment appliances used by more than four million merchants around the world, representing 2.85 billion transactions annually. Contact: Frank Pierce at VeriStar Corporation, Tel: +1 510 268 9800, email: [email protected]
partnership agreement with Continental Systems and Technologies (CSAT). The terms of the agreement include an exclusive, joint sales and marketing effort for India, and a non-exclusive agreement for Eastern Europe, North Africa and the Middle East. CSAT intends to implement a marketing and sales strategy to provide time and attendance, access control and custom biometric application solutions for businesses in these regions. In a separate announcement, Sense Technologies said it has signed an exclusive marketing agreement with Healthcare Financial Enterprises (HFE). Sense and HFE plan to co-develop and market SENSE Technologies’ CheckPrint T/A fingerprint-based, access control and time and attendance product to the US healthcare industry. Contact: Dore Perler at Sense Technologies, Tel: +1 954 726 1422, email: [email protected]
Biometric Technology Today • May 2001
5/8/01
4:27 PM
Page 6
BUSINESS WATCH
Company news • Keyware continues along its aggressive acquisition path with the US$1.1 million purchase of Data Management and Processing, a provider of smart card authorization services for merchants and card issuers. The acquisition should strengthen Keyware’s existing biometric and smart card business, allowing the company to offer secure biometric authentication in addition to providing authorization for each customer card transaction. In addition to a cash payment for the company, Keyware will give an additional $800,000 in Keyware stock to be paid out over the next two years. • DoorTek has become the latest channel partner for Identix in the physical access control market. DoorTek has already begun to incorporate Identix’s V20 fingerscan readers into its DoorTek access control systems, which it markets to dealers around the world. Using a Wiegand interface, the Identix V20 reader can integrate into existing proximity card systems and the standard product caters for 512 users, the companies claim. In a separate announcement, Best Access Systems will also begin integrating V20 readers into its access control systems. • UniSecurity has partnered with Siemens’ Program and System Engineering (PSE) TechLab in a move to provide a biometric-enhanced PKI (public key infrastructure) solution for SAP R/3. Under the terms of the agreement, Siemens’ ID Mouse will be UniSecurity Certified to guarantee that the Siemens’ input devices have been tested and work seamlessly with UniSecurity’s SecuForce Security Suite. In separate announcements, UniSecurity announced it will also partner with Baltimore Technologies and RSA Data Security.
6
Corporate News
Partnership
Mytec becomes Bioscrypt and looks at healthcare
eTrue picks AuthenTec as fingerprint sensor supplier
Mytec Technologies has finalized its purchase of Biometric Identification Inc (BII) and changed its corporate name to Bioscrypt. As a result, the company’s TSE ticker symbol will be changed to BYT. Mytec shareholders also voted to issue almost 12 million shares to BII shareholders. Bioscrypt said it plans to sell in the areas of physical, network and wireless access with its Bioscrypt on Board strategy. The company also outlined its revenue expectation for the 2001 financial year at US$13 million. Meanwhile, MedcomSoft, a Canadian developer of healthcare information systems, is working with Mytec to help hospitals, clinics and pharmacies secure access to electronic patient data. MedcomSoft plans to attach Mytec’s USB fingerprint scanner to a PC or notebook, which will allow doctors to use a fingerprint to authenticate their identity when accessing patient records.
eTrue is to use fingerprint chips from AuthenTec as part of its biometric logon service. The fingerprint sensors will be used alongside eTrue’s own TrueFace facial recognition technology. eTrue will uses AuthenTec’s FingerLoc and EntrePad product families of sensors which are said to be more accurate as they read the live fingerprint underneath the surface of the skin. In a separate move, eTrue announced a partnership with Baltimore Technologies. As part of the deal eTrue will integrate its biometric authentication service with Baltimore’s SelectAccess solution to provide secure access control and authorization management using multiple biometrics. eTrue said the partnership could also act as a springboard into additional services and solutions as needed, such as incorporating public key infrastructure (PKI) capabilities with Baltimore’s UniCERT solution. One of the major focus areas of the partnership will be the healthcare market.
Contact: Lorelei Luchkiw at Bioscrypt, Tel: +1 905 624 7717, email: [email protected]
Partnership
Contact: David Teitelman at eTrue, Tel: +1 508 303 9901, email: [email protected]
Partnership
Veristar and Hypercom add Sense makes alliances biometrics at point of sale Sense Technologies has signed a strategic Hypercom Corporation has partnered with VeriStar in a bid to add biometrics as a method of payment for consumers at point-of-sale terminals. Hypercom already handles traditional plastic cards, smart cards and paper cheques, but will now evaluate the benefits of developing an integrated biometric acceptance infrastructure, which will include multi-lane, government/EBT, wireless and stand-alone merchants in domestic and international markets. Hypercom’s pedigree as a terminal supplier is clear with its internet-enabled ICE equipment and payment appliances used by more than four million merchants around the world, representing 2.85 billion transactions annually. Contact: Frank Pierce at VeriStar Corporation, Tel: +1 510 268 9800, email: [email protected]
partnership agreement with Continental Systems and Technologies (CSAT). The terms of the agreement include an exclusive, joint sales and marketing effort for India, and a non-exclusive agreement for Eastern Europe, North Africa and the Middle East. CSAT intends to implement a marketing and sales strategy to provide time and attendance, access control and custom biometric application solutions for businesses in these regions. In a separate announcement, Sense Technologies said it has signed an exclusive marketing agreement with Healthcare Financial Enterprises (HFE). Sense and HFE plan to co-develop and market SENSE Technologies’ CheckPrint T/A fingerprint-based, access control and time and attendance product to the US healthcare industry. Contact: Dore Perler at Sense Technologies, Tel: +1 954 726 1422, email: [email protected]
Biometric Technology Today • May 2001