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Veridicom International, Inc.(fka VRDI) RSS Feed

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Created
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VERIDICOMLOGO LOGO 

http://www.veridicom.com/ 

(in Japanese, Click link below for translation)

http://www.microsofttranslator.com/BV.aspx?ref=IE8Activity&a=http%3A%2F%2Fwww.veridicom.com%2F

websitefull.png picture by toucan2010

Daniel Stryker new CEO as of March 1st 2007

On February 16, 2007, Paul Mann resigned as Chief Executive Officer, Chief Financial Officer, Secretary and as a member of the Board of Directors of the Company. In addition, on February 16, 2007 Bill Cheung also resigned as a member of the Board of Directors of the Company. Subsequent to the foregoing resignations, Daniel E. Stryker Jr. was appointed as the Chief Executive Officer and as a Member of the Board of Directors of the Company. Mr. Stryker and the Company entered into an employment agreement effective March 1, 2007, pursuant to which Mr. Stryker will receive a salary of $8,500 per month. In addition, Mr. Stryker will be entitled to receive an annual cash bonus based on revenues generated by the Company and will be granted 500,000 stock options of the Company, issuable at the discretion of the Board of Directors. In addition to the foregoing, the Company and Mr. Stryker entered into an Indemnification Agreement, pursuant to which the Company agreed to indemnify Mr. Stryker for substantially all liabilities he may incur as a result of his employment by or service to the Company.

About Daniel Stryker:

From December 2005 to August 2006, Mr. Stryker served as our President. From August 2001 to December 2005, Mr. Stryker has served as the Founder and CEO of Global Access Integrated Network Services LLC, ("GAINS LLC") based in Verona, NJ. GAINS LLC is a Biometric Systems Integrator that specializes in fingerprint biometric enrollment services, project management, and providing complete biometric identification integration solutions and services. From February 2000 to August 2001, Mr. Stryker was the Vice President, Business Development and Worldwide Sales at Y-Point Inc., located in Hazlet, NJ. Y-Point Inc. was a back-end web development company and systems integrator specializing in financial services and project management. Prior to February 2000, Mr. Stryker was based in Madison, NJ and served as the Director, Strategic Sales with Veridicom Inc., of Santa Clara, CA.

Page 2:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=5079671

 Daniel Stryker Top Relationships:

http://www.marketvisual.com/Profile/Report?mrid=5f483f16-e78a-49ca-8f23-01e32ecc719b

vrdi8-1.png picture by toucan2010

As you can above some of the companies he is directly connected either through board positions , executive positions or business connections are:

Hewlett Packard
United Information Systems
IBM
Oracle
Sun Microsystems


You can also enter his name and do your own search including other search criteria, I just did the basic one. If you expand the map out even more, it is more impressive. I have used marketvisual for searching through a number of CEO's and management to get a general sense of what kind of connections a company has. This is the best map for a pink CEO I have found so far. Along with investors catching wind that NITE owns 10.23% of this company, this makes me feel like there may be more to the story. Has definetly piqued my interest.
Thanks, levelnever :)

Daniel Stryker Linkedin Profile:

http://www.linkedin.com/in/danstryker

vrdi3.png picture by toucan2010

About Veridicom International, Inc.

Veridicom International, Inc engages in the development, manufacture and sale of capacitive fingerprint sensors, computer peripherals and software related to the use of its fingerprint authentication technology. Products and Services The Company provides a suite of identity management products, including hardware and software that utilize public key infrastructure (PKI), secure token-based technology, and fingerprint biometrics to authenticate and manage personal identities for various applications and transactions. This platform provides a biometrically authenticated digital signature for financial, travel, and other applications. Veridicom's patented authentication and transaction technology enables real-time authentication of individuals via the Internet, point-of-sale, security kiosk, and mobile devices. The Company’s patented authentication and transaction technology enables real-time authentication of individuals through the Internet, point-of-sale, security kiosk, and mobile devices. The Company's product portfolio includes: FPS200: This product contains Solid state silicon fingerprint sensor and 256 x 300 array. VKI: VKI consists of Portable identity device with USB connectivity, on board fingerprint sensor, flash memory, and security software. VKI A: Provides access to VPAS software suite and on board flash memory. Software and drivers required to be installed on the PC. VKI V: This requires no drivers or software to install on the PC to lock/unlock the device. Fingerprint matching and storage of biometric performed within the device. The fingerprint sensor on the device can also be used with the VPAS suite of software to enable PC login, file encryption, and secure password storage with Veridicom's Ewallet application. Middleware Cavio 3.0 Identity Server: This product is enterprise level authentication server for Windows, Linux platforms. VAS Hosted Service: This is a Hosted authentication service from the Company’s data center. SDK: SDK's offered for customer customization and OEMs Applications Digital Signature: Biometric signature attached to transactions or events. This provides secure signing capabilities. VPAS (Veridicom Personal Authentication Suite): The Company's personal Authentication Suite. This application is a bundled solution that allows PC or network logon, and secure logon to Web site or web applications. Markets The Company's target markets include: Financial Services: The Company targets financial services firms; Travel & Transportation: Target customers within this market segment include travel agents, travel reservations, airlines, airports, hotels, and other travel service providers. The Company has an agreement with Uniglobe, which is part of an international travel service provider, to pilot its technology for the purposes of confirming individual client itineraries and to approve the processing of travel service purchases with client customized payment instructions; Public Sector: The Company in the public sector targets eGovernment, health care, and education; and Retail: The Company intends to pursue partnerships with retail organizations for product distribution purposes.

Is the leader in biometric fingerprint-based technologies and services that enable trusted e-business transactions across networks, intranets and the Internet. The company’s extremely accurate, postage stamp size silicon fingerprint sensors and peripherals, advanced recognition algorithms, and authentication software allow users to conduct business online without fraud or fear. Veridicom, the first technology spin-off from Lucent/Bell Labs, is delivering solutions with a distinct advantage over other authentication technologies that rely on passwords and personal identification numbers (PINs), which can be lost, forgotten or stolen. Veridicom’s fingerprint sensors are being included in laptops, keyboards and mobile phones to provide secure authenticated access to the authorized users.

Veridicom boasts past development contracts with the United States Department of Defense and the Department of Defense Research Projects Agency. Veridicom is well positioned with an 'out-of-the-box' identity management solution which merges hardware, enterprise middleware and application software into a seamless, bundled authentication suite. With a portfolio of thirty-three patents and additional active patent pending applications the technology infrastructure of Veridicom International has been developed with investment funds from the likes of Intel, Deutsche Bank, UBS Warburg, H&Q, Allegro Capital, ATT Ventures and Bell Labs.

Company Info:

Veridicom International, Inc.

55 Woodland Avenue

Verona, New Jersey 07044

Phone:  973-239-7575

E-Mail: info@veridicom.com

 VRDI - has 5 Subsidiaries:

1. Esstec, Inc (Esstec)

2. Veridicom Pakistan (Private) Limited (Pakistan)

3. Veridicom, Inc

 4. Cavio Corporation (Cavio)

5. Veridicom International (Canada) Inc (Canada, Inc)

Esstec is a professional services company that focuses on e-commerce initiatives, interactive multimedia, and mobile software applications for clients in various industries, including the telecommunications and entertainment industries.

Pakistan engages in the business of software development for the international markets and to export software and technology. Esstec owns approximately 63.4% of Pakistan. Veridicom, Inc. designs, manufactures and delivers hardware and software products that enable authentication solutions based on fingerprint biometrics.

Veridicom, Inc markets a fingerprint biometrics platform on which applications can be built.

Cavio produces technology tools designed to protect users from fraud, misrepresentation, security and privacy issues by allowing users to biometrically authenticate themselves to secure control access and confirm identity across various industries.


Competition The Company's potential competitors include

 Identix, Bioscrypt, SAGEM, UPEK, Atrua and Authentec. In addition, the Company would face future indirect competition from companies, such as VeriSign International and RSA

History:

Veridicom International, Inc was formerly known as

Alpha Virtual, Inc was founded in 1987

Press Releases:

10/29/1999 - Valley Technology firms capitalize on $90M in investments

http://sanjose.bizjournals.com/sanjose/stories/1999/11/01/story7.html

09/26/2003 - Alpha Virtual to acquire Cavio

http://sanjose.bizjournals.com/losangeles/stories/2003/09/22/daily58.html

12/01/2003 - Veridicom acquired

http://sanjose.bizjournals.com/sanjose/stories/2003/12/01/daily4.html

02/20/2004 - Veridicom completes Cavio buy

http://losangeles.bizjournals.com/losangeles/stories/2004/02/16/daily52.html

04/15/2004 - Veridicom International's Biometrics Security Technologies Heighten Presence in Key Middle East, African Markets

http://www.findbiometrics.com/articles/i/1701/

07/15/2004 - Veridicom Provides Linux SDK

http://www.refractiv.co.uk/news/newsview-stl/16

07/21/2004 - Veridicom Announces New European Patent; European Patent Office Intends to Grant Patent for Biometric False Accept Detection

http://small-business-voip.tmcnet.com/news/2004/Jul/1058568.htm

10/12/2004 - Veridicom Announces ''VKI'', A Portable Authentication Device Incorporating Multi-Factor Authentication With Biometrics, RFID, and USB Storage

http://www.investorideas.com/RFID/Stock_News/Veridicom.asp

10/25/2004 - Veridicom International Inc. and Optimiser Pty Ltd Create Secure Digital Entertainment Platform

http://reseller.tmcnet.com/news/2004/oct/1086638.htm

12/15/2004 - Veridicom Announces Key European Patent for its Trusted Sensor

http://www.ag-ip-news.com/GetArticle.asp?Art_ID=2100

01/01/2005 - Leviton and Veridicom to Develop Advanced Home Automation Products

http://ewweb.com/mag/electric_leviton_veridicom_develop/

03/04/2005 - Veridicom to Demonstrate Portfolio of Identity Management Solutions at CeBIT 2005

http://www.eeproductcenter.com/showPressRelease.jhtml?articleID=X299857

03/21/2005 - Veridicom Receives Order From Turkish Media Giant

http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGenerator&date=20050321&archive=prnews&slug=2005_03_21_09_5303_1332542

05/02/2005 - Atmel and Veridicom Partner to Deliver Advanced Identity Authentication for PC Users

http://www.findbiometrics.com/articles/i/2887

05/09/2005 - Veridicom Receives Order From People's Republic of China

http://www.findbiometrics.com/articles/i/2910/

10/13/2005 - Veridicom Announces New Update to Its VPAS Suite of Authentication Software

http://eetimes.com/press_releases/prnewswire/showPressRelease.jhtml?articleID=X380063&CompanyId=1

12/22/2005 - Veridicom International Appoints Daniel E. Stryker, Jr., President

http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGenerator&date=20051222&archive=prnews&slug=SFTH038

01/09/2006 - Veridicom International Announces Order From U.S. Distributor

http://www.sys-con.com/node/169280

02/22/2006 - Veridicom International Announces Agreement with PC Mall Corporation

http://virtualization.sys-con.com/node/187053

04/05/2006 - Veridicom International Inc. Is Pleased to Announce Delivery of It's Cavio Identity Server System to Egypt.

http://www.eetimes.com/press_releases/prnewswire/showPressRelease.jhtml?articleID=X457399&CompanyId=1

05/04/2006 - Veridicom International, Inc. Appoints CFO-Form 8-K

08/10/2006 - Veridicom International, Inc. Announces Termination of President-Form 8-K

04/03/2007 - Veridicom International, Inc  Announces resignation of CEO, CFO-Form 8-K

http://moneycentral.msn.com/news/ticker/sigdev.aspx?Symbol=VRDI

06/15/2009 - People On the Move

(Michael D'Amour - CEO from 1998 - 2001 of VRDI)

 http://sanjose.bizjournals.com/sanjose/potm/2009-06-15/

SC 13G Filed Jan 9th 2009:

Knight Equity Markets, L.P, owns 10.23% of the Company

5,662,785 Shares of Common Stock

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6339053

nitefull-1.png picture by toucan2010

SHARE STRUCTURE:

55,354,692 O/S

Transfer Agent:

U.S. Stock Transfer Corp

Suite 200
Glendale, CA 91204-2991

Daily Chart:

Weekly Chart:

2004 - 2010 Chart: in 2004 $5.80 +/-

6yrchartVRDI.png picture by toucan2010

Full Disclaimer:

http://i993.photobucket.com/albums/af59/toucan2010/ToucansDisclaimer.jpg

ALL comments in any Post or PM on iHub and in Emails are our opinions only and are not buy or sell recommendations.

Invest in stocks at your own risk!!

iBox created by:  toucan  

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