AuthenTec and SAFLINK Announce Joint Marketing Initiative; Technology Remarketing Agreement Will Speed Adoption of FingerLoc-Based Biometric Solutions.Business/Technology Editors MELBOURNE, Fla.--(BUSINESS WIRE)--July 13, 2000 In a move that emphasizes the increasing use of biometric bi·o·met·rics n. (used with a sing. verb) The statistical study of biological phenomena. bi security solutions in the enterprise network, PC and e-commerce markets, AuthenTec, Inc., the provider of patented FingerLoc(TM) sensor technology, and SAFLINK Corporation (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 : eSAF), a leading global biometric software provider, have signed a joint technology remarketing agreement that leverages the companies' combined strengths in biometric technologies to bring fingerprint fingerprint, an impression of the underside of the end of a finger or thumb, used for identification because the arrangement of ridges in any fingerprint is thought to be unique and permanent with each person (no two persons having the same prints have ever been authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. solutions to market more quickly. Under the terms of the agreement, AuthenTec will offer SAFLINK's Secure Authentication See authentication token and SecurID card. Facility (SAF SAF Safety SAF Society of American Foresters SAF Society of American Florists SAF Secretary of the Air Force SAF Second Amendment Foundation SAF Singapore Armed Forces SAF Students for Academic Freedom SAF Store And Forward (TM)) family of data and network security products to its growing list of original equipment manufacturing (OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and ) partners that have agreed to integrate AuthenTec's FingerLoc sensor technology into their products. Several companies are committed to integrating AuthenTec's FingerLoc sensor technology into their PC hardware products that include keyboards, mice and stand-alone peripherals. SAFLINK will also offer support for AuthenTec's FingerLoc sensor technology to its own distribution channel customers, and will include AuthenTec's standards-based biometric service provider software interface module in its packaged multi-biometric software solutions, thereby making these products "AuthenTec Ready" for use with FingerLoc-based hardware devices. "SAFLINK is very pleased to be working with AuthenTec to deliver convenient and reliable biometric security solutions to our combined customer base," said Walter Hamilton, Vice President of Sales and Marketing at SAFLINK Corporation. "The combination of our SAF Family of software products and AuthenTec's FingerLoc sensor technology will deliver a broader array of security options for all of our customers." SAFLINK's SAF Family of software products offers an open-systems modular approach to client/server architecture An environment in which the application processing is divided between client workstations and servers. It implies the use of desktop computers interacting with servers in a network in contrast to processing everything in a large centralized mainframe. See client/server. that can be easily expanded from a single workstation to a large distributed network. AuthenTec's FingerLoc sensor incorporates patented TruePrint(TM) technology to read below the surface layer of the skin to the live layer, where the true fingerprint resides. Real-world skin surface conditions, such as dry, worn, callused, oily or dirty skin do not affect FingerLoc's ability to acquire clear and accurate fingerprint images. SAFLINK's SAF products complement FingerLoc to provide technically superior biometric identification Noun 1. biometric identification - the automatic identification of living individuals by using their physiological and behavioral characteristics; "negative identification can only be accomplished through biometric identification"; "if a pin or password is lost or and authentication products designed to replace passwords and PINs. As a result, SAFLINK and AuthenTec customers will have greater access to more convenient and cost-effective biometric options for enterprise network, e-commerce and PC environments. "This agreement sends a powerful message to customers who need complete biometrics The biological identification of a person. Examples are face, iris and retinal patterns, hand geometry and voice. Increasingly built into laptop computers, fingerprint readers have become popular as a secure method for identification. solutions for their IT environments," said Steve Mansfield, Vice President of Marketing at AuthenTec, Inc. "Customers who adopt AuthenTec's FingerLoc sensor technology can now use the full spectrum of SAFLINK' s products. AuthenTec is excited to be a part of SAFLINK's `Forget Your Password' business strategy and we look forward to the release of the new SAF products for the business-to-consumer and business-to-business market." About SAFLINK SAFLINK Corporation, based in Redmond, Washington Redmond is a city in King County, Washington, USA. It is situated on the eastern edge of the Seattle urban area, in what is known as the Eastside. In 2003 the Census Bureau estimated the city population was 46,391. , brings "Forget Your Password(sm)" solutions to the Internet Economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. and enterprise networks through biometrics. The Company provides cost-effective multi-biometric software solutions to verify individual identity, to protect business and personal information, and to replace passwords and PINs in order to safeguard and simplify access to electronic systems and enable new online services for customers. Further information is available through the company's World Wide Web site http://www.saflink.com About AuthenTec AuthenTec, Inc. is the only provider of fingerprint identification solutions with the ability to acquire everyone. Using patented TruePrint(TM) technology and through key alliances with members of its Solution Provider Network, AuthenTec delivers convenient authentication and identification solutions for real-world applications in the PC, e-commerce, access control and wireless industries. Privately held, AuthenTec is headquartered in Melbourne, FL. For more information, please visit http://www.authentec.com FingerLoc and TruePrint are trademarks of AuthenTec, Inc. All other trademarks or registered trademarks referenced herein are the properties of their respective owners. |
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