AudioTel Corporation Selects AXCESS RFID Solution to Protect Financial Data; Automatic Solution Increases Security for AudioTel Financial Customers.DALLAS -- AXCESS International Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : AXSI), a leading provider of Radio Frequency Identification See RFID. (RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. ) solutions and Real Time Location Systems (RTLS RTLS Real-Time Location System RTLS Return To Launch Site RTLS Run Time Library Services ), announces the installation of their ActiveTag(TM) RFID physical computer asset protection solution at AudioTel Corporation, a leading provider of software for financial institutions. AudioTel chose AXCESS for the high security implementation following a qualification process based on five best practices related to its managing and securing of critical computer assets which hold financial data. In addition to enabling best-in-class customer service, the AXCESS solution helps comply with federal and state laws which necessitate the development of an IT best practice in the organization for managing computer assets and the notification to individuals if personal privacy data may have been compromised. AudioTel specializes in software, back-office and retail banking platform solutions for financial institutions. The firm services over 1,000 financial institutions with payment processing including digital, image-based solutions as well as web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. for remote banking. The firm chose AXCESS' ActiveTag solution because it wanted an automated way to provide visibility, accountability, and increased security for data pertaining to institutional and retail banking customers. "We are committed to providing our customers the best security service possible. This has been achieved while enjoying the benefits of automation and organizational efficiency that is now available through the latest in technological innovation," commented Rick Stadel, Senior Vice President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of AudioTel. "We believe AXCESS' unique RFID solution exceeded our needs in combining five distinctive best practices into one comprehensive implementation, including management, control, security, and accountability of all computer hardware and media. The end result is that we now have a more systematic process to provide the highest level of control which ensures that all customer account information remains secure." The installation for AudioTel enables tracking vehicle, personnel, and assets using active RFID technologies. The system utilizes a common software platform which provides real time, labor free information, automated control, and security. The integrated system ensures that security rules are followed, such as AudioTel's existing "two-man rule The two-man rule is a control mechanism designed to prevent accidental or malicious launch of nuclear weapons by a single individual. In the case of a missile silo command crew, both operators must agree that the launch order is valid, and must each complete a set of tasks " which now uses RFID badges to verify that two authorized personnel perform data back-ups of transaction and records within data storage facility. In addition to the tracking of personnel and required work assignments intended to maximize the preservation and integrity of customer information, the data storage tapes are secured with AXCESS FOB FOB 1) adj. short for Free on Board, meaning shipped to a specific place without cost. 2) Friend of Bill (Clinton). (See: Free on Board) tags to ensure the proper personnel are in the room and managing the tapes. "The evolution of institutions into the current data centric business environment necessitates a corresponding evolution of IT security solutions in concert. An electronic, automatic asset management and protection solution is the only way to have true real time visibility into the status of computer hardware and the records residing there," commented Allan Griebenow, President & 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 AXCESS International Inc. "AudioTel was proactive in implementing a state of the art and comprehensive security and data management system for the protection of its most important asset - its customers." The AXCESS solution implemented for AudioTel addresses the problem of preventing theft or loss of personal records by offering individual asset tracking and protection, dynamic wireless custodian assignments to assets, complete reports, and wireless alerting to exception-based security events. One key to the reliability of the solution is AXCESS' battery powered RFID tags which generate strong signals to enable metal encased en·case tr.v. en·cased, en·cas·ing, en·cas·es To enclose in or as if in a case. en·case ment n. computers to be identified even when hidden, which is far superior to passive RFID and bar code systems which require some form of line-of-site recognition. When AXCESS' semi-active RFID asset tags are placed on fixed desktops, servers, and storage devices as well as on mobile assets such as laptops, the tags are activated on-demand to transmit their ID at key control points such as doorways. Integral to the system's accuracy is the localized tag activation field which uses the Company's new Dual Activator tag activation product activation product Radiation biology An unstable nucleus/radioisotope formed during activation. See Activation-radiation biology. to precisely identify assets at specific points in and around the enterprise. The Dual Activator is unique within RFID technology in being able to determine with certainty whether an asset is in or out of a secured area, which delivers actionable intelligence Having the necessary information immediately available in order to deal with the situation at hand. With regard to call centers, it refers to agents having customer history and related product data available on screen before the call is taken. through which a reliable security response can be determined and initiated. The tags transmit to low cost network-based receivers which pass the tag IDs to the AXCESS software and database to record their location, who moved it, and whether their movement is authorized. Individual custodians such as computer administrators and authorized employees can also be tagged to provide an automatic, electronic custodial assignment for accountability and to freely move assets around the facility as needed as needed prn. See prn order. without triggering an alarm. This process of Functional Linkage(TM) can be dynamically changed to further facilitate the movement of assets without adversely impacting productivity. Assets can also be regularly inventoried using beaconing transmissions. Alarms are automatically triggered if an asset leaves a controlled area In telecommunication, the term controlled area is an area in which uncontrolled movement will not result in compromise of classified information, that is designed to provide administrative control and safety, or that serves as a buffer for controlling access to limited-access areas. without authorization. Doors can then be automatically locked, and typically wireless alerts are sent to security and responders to recover the asset before it leaves the premises. AXCESS' patented ActiveTag(TM) RFID systems use small, battery powered tags (generically called "semi-active" tags) that when automatically activated, transmit a wireless message typically 30 to 100 feet to hidden palm size receivers. The receivers are connected via standard network simultaneously to the enterprise system software, the existing security alarm equipment, and standalone management software. Optionally, the tag system A tag system is a deterministic computational model published by Emil Leon Post in 1943 as a simple form of string rewriting system. A tag system may also be viewed as an abstract machine, called a Post tag machine can be used to trigger security video recording and live remote video transmission. The tags are used for a variety of enterprise productivity applications including automatic personnel access control and tracking, automatic vehicle access control and payload management, automatic asset management and protection, as well as special purpose sensing. Automatic email alerting and paging is offered for rapid response to security related incidents. More information, including a white paper on the ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). metrics for the system is available from the Company's web site at www.axcessinc.com or by calling Kelly Stark at 972-407-6080. About AudioTel Corporation AudioTel Corporation specializes in software for financial institutions, offering a wide range of products and services to address the challenges facing the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. market. AudioTel offers integrated solutions for item processing, imaging, microfilm replacement, remittance, and document management, as well as the optimum in Internet banking, Telephone banking, and Web site design and hosting. AudioTel is based in Addison, Texas Addison is a city in Dallas County, Texas (USA). The population was 14,166 at the 2000 census. Addison is a northern suburb of Dallas. The city calls itself the Town of Addison but it is incorporated as a city. , just 20 miles north of downtown Dallas Downtown Dallas is the main business district in Dallas, Texas (USA), located in the geographic center of the city. The area officially termed "downtown" is bounded by the downtown freeway loop: bounded on the east by I-345 (although known and signed as the northern terminus of . Founded in 1993, AudioTel's customer base has grown to over 1,000 financial institutions across the country. You can find more information about AudioTel by visiting their website at www.audiotel.com. About AXCESS International Inc. AXCESS International Inc. (OTCBB:AXSI), headquartered in greater Dallas, TX, provides Active and Semi-Active RFID (radio frequency identification) and Real Time Location Systems (RTLS) for asset management, physical security and supply chain efficiencies. The battery-powered (active) RFID tags locate, identify, track, monitor, count, and protect people, assets, inventory, and vehicles. AXCESS' RFID solutions are supported by its integrated network-based, streaming digital video (or IPTV (Internet Protocol TV) Also called "TV over IP," IPTV delivers scheduled TV programs and video-on-demand (VOD) via the IP protocol and digital streaming techniques used to watch video on the Internet. ) technology. Both patented technologies enable applications including: automatic "hands-free" personnel access control, automatic vehicle access control and logistics management, automatic asset management, and sensor management. AXCESS is a portfolio company of Amphion Innovations plc. This release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, including statements about future business operations, financial performance and market conditions. Such forward-looking statements involve risks and uncertainties inherent in business forecasts. |
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