Applied Biometrics Products, Inc.; Still the Market Leader for Fingerprint Identification.Business/Technology Editors & Medical Writers BURLINGTON, Vt.--(BUSINESS WIRE)--Aug. 29, 2000 In an effort to end confusion in the marketplace, Applied Biometrics Products Inc., a privately held New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). company, today announced, that contrary to some erroneous reports in the press, they are continuing to revolutionize rev·o·lu·tion·ize tr.v. rev·o·lu·tion·ized, rev·o·lu·tion·iz·ing, rev·o·lu·tion·iz·es 1. To bring about a radical change in: Television has revolutionized news coverage. 2. the fingerprint market with their patented Kryptic technology. The confusion has arisen due to the ceasing of operations of a similarly named company, Applied Biometrics of Minnesota. Publicly traded under the symbol ABIO ABIO Australian Banking Industry Ombudsman ABIO Army Broadcast Intelligence Office on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on , Applied Biometrics of Minnesota is a medical device manufacturer, which has no affiliation with any fingerprint identification company. "To paraphrase Mark Twain, the report of our death was an exaggeration!" commented Dr. John F. Catalano, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Applied Biometrics Products, Inc. "The fact that we not only still exist, but are prospering, is much to the chagrin of our competitors, whose product attempts cannot match Applied Biometrics Products' portable, battery operated, no-computer-required, low cost fingerprint identification products." Applied Biometrics Products Inc. is in no way affiliated with the Minnesota-based medical device company. Applied Biometrics Products Inc. has developed the world's only low cost fingerprint identification products capable of small-sized, portable, battery operation. Their products are standalone, requiring no desktop or handheld computers A computing device that can be easily held in one hand while the other hand is used to operate it. The Palm devices are a popular example. See Palm, smartphone and palmtop. to operate. Applied Biometrics Products Inc. offers the critical features that some claim; but NO ONE else can deliver. Dr. Catalano continued, "Applied Biometrics Products' portable, battery operated, no-computer-required, low cost Kryptic technology has impacted the market so greatly that we cannot keep up with the demand for our standard or custom fingerprint ID products. We have recently expanded our team of professionals, both business and technical, in order to serve the exploding requests that we are receiving for our products. In fact, we continue to look for the very best professionals to join our expanding team." As a result of their leading edge technology, Applied Biometrics Products Inc., a Palm Computing developer, has forged relationships with leaders in the handheld computing, home security, access control, healthcare, government, automotive, e-business, LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. and B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business markets. Applied Biometrics Products Inc. was formed in 1998 and quickly established itself as the premier provider of low cost, portable, battery-operated, non-transferable, fingerprint identification solutions. Applied Biometrics Products' team is continuing to develop applications for the world's only portable, battery operated, no-computer-required, low cost fingerprint identification technology." Applied Biometrics Products, Inc. patent pending. Kryptic is a trademark of Applied Biometrics Products, Inc. |
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