Boston's Logan International Airport Continues Efforts to Enhance Security by Piloting Face Recognition Solution From Viisage Technology.Business/Technology Editors LITTLETON, Mass.--(BUSINESS WIRE)--Feb. 20, 2002 Becomes Third Airport in the Nation With Operational Face Recognition Technology Viisage Technology, 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 : VISG VISG Visually Impaired Support Group ), the leader in face-recognition technology and identification systems and solutions, announced today that Logan International Airport For the Logan airport in Billings, Montana, see . Logan International Airport (IATA: BOS, ICAO: KBOS, FAA LID: BOS) in the East Boston neighborhood of Boston, Massachusetts, United States (and partly in the Town of Winthrop, Massachusetts), is one is testing its face recognition solution to continue its efforts to enhance passenger security at the airport. An initiative spearheaded by the Massachusetts Port Authority Massachusetts Port Authority, or Massport, is a port district in the Commonwealth of Massachusetts. It operates the airports, seaport, and Mystic River Bridge in Boston, Massachusetts and the surrounding areas. (Massport), Logan International has become the third airport in the nation to use Viisage's face recognition technology, joining Fresno International Airport and St. Petersburg-Clearwater International Airport St. Petersburg-Clearwater International Airport (IATA: PIE, ICAO: KPIE, FAA LID: PIE) is an airport located in unincorporated Pinellas County, Florida, six miles north of St. Petersburg, serving St. . Viisage, together with Massport and the Massachusetts State Police, worked around the clock to implement this face recognition solution quickly and effectively. The system works to identify known criminals and terrorists. Viisage's approach to security is unique because it does not focus on "things" that could cause harm, but rather on "people" who are known to pose a threat. The system has proven to be the most non-intrusive and effective method of improving passenger safety, without adding delays, by focusing on the identification of wanted criminals and other individuals known to be high security risks. Tom Colatosti, 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. and President of Viisage Technology, said, "We are extremely pleased to be working with State and Federal officials at Logan to improve passenger safety and security. The system is performing very well. So well, in fact, that we identified a planted wanted individual just as I was providing a tour of the system to Massachusetts Governor Swift and U.S. Deputy of Transportation Jackson. Our face recognition performance and accuracy is unmatched in the industry. We believe our face recognition technology provides an important additional security tool, as an integral part of an overall layered security Layered security is a new term used by information protection and online security vendors that describes the practice of leveraging several different point security solutions to protect the digital identities and information of consumer, enterprise or government environments. system that privately and conveniently improves passenger security." Logan Airport has been selected by the U.S. Government to be a "laboratory" to incubate incubate /in·cu·bate/ (in´ku-bat) 1. to subject to or to undergo incubation. 2. material that has undergone incubation. in·cu·bate v. 1. , develop and implement new security processes and technologies for deployment at other airports across the country. The system was developed in conjunction with Viisage's partners, Inforonics based in Littleton, MA, and DynCorp based in Reston, VA. About Viisage Technology Viisage Technology is the world leader in biometric face-recognition technology and identification systems and solutions that enhance consumer convenience, improve security and protect personal privacy. Originally developed at MIT MIT - Massachusetts Institute of Technology , Viisage's patented, accurate, non-intrusive and cost-effective face-recognition technology is widely acknowledged for its unmatched performance including speed in real-time applications, scalability for managing large image databases, and systems integration for complete customer solutions. Viisage delivers annually through 1,500 U.S. systems in 1,200 locations in 15 states, more than 25 million high-quality and high-security digital-identification documents for government agencies responsible for issuing drivers' licenses, social services social services Noun, pl welfare services provided by local authorities or a state agency for people with particular social needs social services npl → servicios mpl sociales cards and law enforcement credentials. Viisage provides a full family of face recognition products. FaceEXPLORER(TM) is a powerful and scalable image retrieval An image retrieval system is a computer system for browsing, searching and retrieving images from a large database of digital images. Most traditional and common methods of image retrieval utilize some method of adding metadata such as captioning, keywords, or descriptions to the and analysis database product, used to combat identity fraud - it is implemented in the world's largest face recognition system with more than 8 million enrolled images. FaceFINDER(TM), acclaimed for its processing speed, is the industry's most widely implemented surveillance and identification system - it is installed in more than 100 casinos worldwide and has been deployed to improve security at premier sporting events. FacePASS(TM) (for PC, Mobile, & Internet) provides secure authentication for PC, Internet and e-commerce connections. FacePINTM offers consumers convenient and private verification for point-of-sale transactions such as ATMs. FacePASS(TM) (keyless entry/physical access) is a practical security solution for keyless entry to secure facilities, such as offices, dormitories and government facilities. FaceTOOLS(TM) is a leadership Software Developers Kit that enables application providers the ability to develop and customize unique customer and market applications. This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements in this document and those made from time to time by the Company through its senior management are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements concerning future plans or results are necessarily only estimates and actual results could differ materially from expectations. Certain factors that could cause or contribute to such differences include, among other things, potential fluctuations in quarterly results, the size and timing of award and performance on contracts, dependence on large contracts and a limited number of customers, lengthy sales and implementation cycles, changes in management estimates incident to accounting for contracts, availability and cost of key components, market acceptance of new or enhanced products and services, proprietary technology and changing competitive conditions, system performance, management of growth, dependence on key personnel, ability to obtain project financing Project financing A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis. , general economic and political conditions and other factors affecting spending by customers and other risks, uncertainties and factors including those described from time to time in the company's filings with the Securities and Exchange Commission, including without limitation, the company's Form 10K for the year ending December 31, 2000 and its quarterly reports on Form 10Q. |
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