Biometric Access Corporation Debuts Enhanced SecureTouch-n-Pay Solution At FMI MARKETECHNICS 2002 Event.Business Editors and High-Tech Writers MARKETECHNICS(R) 2002 Booth 1953 ROUND ROCK, Texas--(BUSINESS WIRE)--Feb. 1, 2002 Biometric Access Corporation (BAC BAC abbr. blood alcohol concentration ), the leader in retail biometric solutions, will debut its enhanced SecureTouch-n-Pay(tm) point-of-sale solution at the Food Marketing Institute's (FMI FMI Fondo Monetario Internacional (Spanish: International Monetary Fund) FMI Fonds Monétaire International FMI For More Information FMI Food Marketing Institute FMI Fundo Monetário Internacional ) MARKETECHNICS(R) 2002 trade event being held February 3-5 at the San Diego Convention Center The San Diego Convention Center is the main convention center for the city of San Diego, California. It is located in the Marina district of downtown San Diego near the Gaslamp Quarter, at 111 West Harbor Drive. . SecureTouch-n-Pay revolutionizes retail checkout activity for both consumers and merchants by incorporating customer identity verification Noun 1. identity verification - 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 electronic financial transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. at the point-of-sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ). Benefits for the consumer include increased speed and convenience, as well as enhanced protection of personal information and financial assets Financial assets Claims on real assets. that provides a safeguard against identity theft. Benefits for the merchant include increased customer loyalty, improved productivity at the checkout lane, reduced operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. , improved cash flow and reduced fraud losses. "Merchants are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a better way to manage transactions and consumers are looking for a faster, more secure way of shopping. SecureTouch-n-Pay is the solution they have been looking for," said Frank Tavcar, BAC's executive vice president of business development. "It transforms the industry by offering retailers one solution that vastly speeds up and improves the POS process while protecting the financial and personal assets of their customers." SecureTouch-n-Pay is integrated with IBM's SurePOS(tm) ACE application, the leading IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) POS solution for the supermarket industry. BAC will display the integrated systems and demonstrate the seamless two-way communication and data transfer that enables merchants with SurePOS ACE to add SecureTouch-n-Pay to their existing POS system environments. SecureTouch-n-Pay is designed to support compatibility with other POS solutions as well. In addition to SecureTouch-n-Pay, BAC will exhibit its SecureTouch On-Time(tm) biometric time and attendance solution and its SecureTouch PC(tm) biometric solution for computer/network access control. BAC products are designed for ease of use and compatibility that enables clients to apply the benefits of biometric technology to multiple business functions. BAC will exhibit at MARKETECHNICS(R) booth # 1953. Additional BAC products and/or technology will be exhibited by partner vendors Verifone - booth # 725; Timera Inc. - booth # 1241; Checkfast Inc. - booth # 1254; and PSI International - booth # 1033. FMI's annual MARKETECHNICS(R) trade event focuses on the world of technological products and services specific to the food retail/wholesale community. Approximately 6,000 attendees and 230 exhibitors participate in the event. About Biometric Access Corporation Biometric Access Corporation (BAC) provides complete hardware and software solutions that incorporate its award-winning SecureTouch(R) fingerprint authentication products. BAC designs, develops, manufactures and markets fingerprint capture hardware, fingerprint matching software and several applications that utilize these products to provide complete user solutions. BAC is a privately funded company located in Round Rock, Texas. For more information about BAC and SecureTouch products visit www.biometricaccess.com, send email to sales@biometricaccess.com or phone 512/246-3760. Biometric Access Corporation, BAC logo and SecureTouch are trademark or registered trademarks of Biometric Access Corporation. Product photographs available upon request. |
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