Base Ten awarded ATM system patent.TRENTON, N.J.--(BUSINESS WIRE)--Nov. 1, 1994--Base Ten Systems Inc. (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 , NMS See NetWare Management System. :BASEA BASEA Boston Area Solar Energy Association ) announced today that the company has been awarded Patent 5,354,974 for an automatic teller system. This patent covers a method of operation using a personalized normal PIN number and an emergency PIN number. If the user enters the emergency PIN number the system actuates a silent alarm. The system simultaneously simulates a normal transaction so as not to alert a thief or potential thief that the alarm has been actuated ac·tu·ate tr.v. ac·tu·at·ed, ac·tu·at·ing, ac·tu·ates 1. To put into motion or action; activate: electrical relays that actuate the elevator's movements. 2. . Mike Kranzler, 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 Base Ten, stated, "This patent expands our efforts in the field of secure communications and we intend to offer licenses to ATM manufactures as the optimum method of generating revenue from this invention." Base Ten Systems Inc. is a diversified technology company engaged in design and manufacturing weapons control systems, medical software, portable memory engines and secure communications. CONTACT: Base Ten Systems Inc., Trenton
Edward J. Klinsport, 609/586-7010
or
Strategic Growth International Inc., New York
Richard Cooper, 212/826-9622
|
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion