There is some competition but show me where they have landed a huge commercial deal. The fact that the few competitors (which in IWSY's case is multi modal biometrics) out there have not secured large contracts shows that the technology is still in the early adoption phase. IWSY still have a shot and they do have a very powerful system integrator behind them that I believe will be helping them secure some of these med to lg fish soon. I wouldn't be surprised if the bank pilot doesn't happen due to the financial institutions reluctance to take the leap but that something else is announced early next year. Europe is already on vacation and the US corporate world is also slowing for the holidays which will likely that any major decisions will be put off till next year. I am also curious who Emida is hoping to partner with and how that will benefit IWSY. If you have done DD on Daon and MS2systems please let us know. I need to get a better understanding of what they offer in multi modal biometrics.