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Cross Match Technologies Provides Fingerprint Biometric Systems to the Chicago Board Options Exchange - a Milestone 100th Financial Institution.


PALM BEACH GARDENS, Fla. -- Cross Match Technologies, Inc., a leading global provider of forensic-quality fingerprint identification solutions, has reached a major milestone by providing biometric systems for applications such as background checks and physical access control to 100 financial firms throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. .

The Chicago Board Options Exchange Chicago Board Options Exchange (CBOE)

A securities exchange created in the early 1970s for the public trading of standardized option contracts. Primary place for the trading of stock options, foreign currency options, and index options (S&P 100, 500, and OTC 250 index)
 (CBOE CBOE

See: Chicago Board Options Exchange


CBOE

See Chicago Board Options Exchange (CBOE).
), the world's largest options marketplace and the creator of listed options, recently ordered several Cross Match biometric access control readers with the Cross Match biometric credentialing system to enhance security throughout their headquarters building in Chicago. The access control readers will be installed as part of a new overall access control system being integrated and implemented by Cross Match partner Johnson Controls Johnson Controls, Inc. (NYSE: JCI) is a United States company, based in Milwaukee, Wisconsin, specializing in the design, manufacturing, and installation of automotive systems, automotive batteries (Optima[1] based in Denver, Colorado) and climate control systems. . The biometric access control readers will be installed at the main entrance of the CBOE facility and in turnstiles leading to the trading areas. Employees will use biometric enabled ID cards that work in conjunction with the access control readers.

"The Cross Match access control readers and credentialing system were a logical choice for the CBOE since we have been using the Cross Match ID 1000 live scan systems for some time for our employee background checks," said LuAnn O'Shea, Vice President of Facilities for the CBOE. "We can leverage our previous investment in biometrics since the ID 1000s are a part of the overall credentialing system. Fingerprints taken during the background check process can be extracted for the biometric enabled ID cards. This saves us considerable time and money," she added.

This latest order from the CBOE represents a milestone 100th financial institution order for Cross Match. Some of the financial firms that have implemented Cross Match fingerprinting systems because of their ease of use, speed, ruggedness, and image clarity include: Bank One, Union Bank of California Union Bank of California is one of the 30 largest commercial banks in the United States. It has 327 branches, the majority of which are in San Diego, Los Angeles and Orange Counties. , UBS UBS Union Bank of Switzerland
UBS United Bible Societies
UBS United Blood Services
UBS United Buying Service
UBS Used Bookstore
UBS University Business Services
UBS Universal Building Society (UK)
UBS Ulaanbaatar Broadcasting System
, Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. , Cross Country Bank and Trust Company of New Jersey.

"Cross Match is proving to be the biometric solution provider of choice to the financial community as we now have provided 100 financial institutions nationwide with our state-of-the-art fingerprinting systems to help them avoid the potential costly and dangerous results of hiring a criminal or enabling an unwanted individual to enter a facility," said Ted Johnson, Cross Match 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. . "We are committed to providing our customers with the best and broadest biometric security solutions in the industry."

About Cross Match Technologies

Since its founding in 1996, Cross Match Technologies, Inc. has been at the forefront of applying forensic quality fingerprint imaging technology towards the development of cost-effective biometric security solutions for law enforcement, federal, aviation, commercial and international organizations. Headquartered in Palm Beach Gardens, Florida Palm Beach Gardens is a city in Palm Beach County in the U.S. state of Florida. The city is in the center of a rapidly-developing area north of West Palm Beach in the northern part of the county and the South Florida metropolitan area. , and offering the broadest product lines in the industry, Cross Match is recognized for setting new standards in fingerprint imaging components through its more than 140 existing or pending patents and related intellectual properties. Additional information on Cross Match is available at http://www.crossmatch Crossmatch
A laboratory test done to confirm that blood from a donor and blood from the recipient are compatible.

Mentioned in: Blood Typing and Crossmatching, Heart Transplantation

crossmatch 
.com.

About CBOE

CBOE, the world's largest options marketplace and the creator of listed options, is regulated by the Securities and Exchange Commission (SEC). For additional information about the CBOE and its products, access the CBOE website at: http://www.cboe.com.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 22, 2005
Words:516
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