FEKY - FaceKey Patent for a Fingerprint Verification System Issued
May 3, 2007 9:41:00 AM
Copyright Business Wire 2007
SAN ANTONIO--(BUSINESS WIRE)--
FaceKey Corporation, (Pink Sheets: FEKY) the manufacturer of biometric-based ID management products for access control, time and attendance and muster stations, announced today that their patent application, US 7,212,655 B2, for a fingerprint verification system, was issued Tuesday, May 1, 2007.
This patent builds on a previously issued FaceKey patent, US 6,963,659 B2, which established the software basis for searching a large database of authorized users using two biometric identifiers. The most recent patent will strengthen FaceKey's position in the marketplace by allowing us to serve larger customers, such as large corporations and government agencies with ID management products based on off the shelf hardware that do not require a non-biometric identifier such as a card or a PIN.
"FaceKey is extremely excited about this new patent for a number of reasons; it will lower the cost of security, it will be easier to use and have fewer errors than traditional security systems, and it will work with existing hardware platforms making implementation, training and use much easier. In addition, there will be many licensing opportunities available for qualified manufacturers," stated Dr. Yevgeny B. Levitov, President of FaceKey.
About FaceKey Corporation
FaceKey Corporation, a development stage company, engages in the manufacture and sale of security equipment for home and business which utilize biometric technologies, i.e. fingerprint and/or facial recognition, for identification. In addition, the company has built a portfolio of patents related to fingerprint and/or facial recognition which is available for licensing to others for integration into products to provide genuine ID(TM). Its products are sold through a network of distributors, dealers and system integrators worldwide. The company was co-founded by Yevgeny B. Levitov and Annette H. Starkweather in 1999 and is based in San Antonio, Texas.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of FaceKey Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
FOR INVESTOR INQUIRIES: Please visit the Company's website, www.facekey.com, or contact: Annette Starkweather, 210-826-8811.
Source: FaceKey Corporation
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FaceKey Corporation
Annette H. Starkweather
210-826-8811
www.facekey.com
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