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Cross Match Technologies Teams With ITOCHU To Expand Distribution to Asia; Japanese Trading Giant to Represent Leading Biometrics Company in Six Asian Countries.


WASHINGTON -- Cross Match Technologies, Inc., a leading global provider of forensic-quality fingerprint and palm print 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  solutions, has signed an agreement with ITOCHU Management Consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business
service industry - an industry that provides services rather than tangible objects
 Co., Ltd, to work together to distribute Cross Match products in Japan, China, Malaysia, Singapore, Indonesia, and Thailand.

"Cross Match is honored to work with such a prominent and successful company as ITOCHU," said Ted Johnson
''For the Australian rules footballer of the same name see Ted Johnson (footballer)
Ted Curtis Johnson (born December 4, 1972) is a former American football player in the National Football League.
, 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 excited about the tremendous potential business in the untapped Asian biometrics market. And by combining ITOCHU's vast distribution infrastructure and strong reputation with our proven technology, we are well positioned to deliver high-throughput, large-scale biometric security systems throughout Asia," he added.

"We see a number of opportunities in our existing markets where we can utilize Cross Match's quality fingerprint identification technology," said Takashi Morinaga, President and CEO of ITOCHU Management Consulting. "As Asian governments begin to develop programs similar to the Department of Homeland Security's US-VISIT US-VISIT United States Visitor and Immigrant Status Indicator Technology  program to protect borders, we feel we can jointly offer a formidable solution for border, airport, seaport and transportation safety," he added.

National security is a key sector in which Cross Match and Itochu will work together. NTT-Communications, a Japanese telecom, networking, and systems integration company, also plans to work with Cross Match and ITOCHU to target homeland security applications in Asian markets.

In addition, commercial industries, such as retail stores and financial institutions, are also a prime target for joint solutions. ITOCHU is keenly interested in Cross Match's Authorizer(TM) new product development initiative. The Authorizer is a small piezo "Piezo", derived from the Greek piezein, which means to squeeze or press, is a prefix used in:
  • Piezoelectricity
  • Piezometer
  • Piezo ignition
  • Piezoelectric sensor
  • Piezoelectric loudspeakers
 electric ceramic sensor that can measure a person's fingerprint, blood flow, bone structure and other biometrics, in addition to determining if a person is alive or anxious. A few examples of the many potential applications for the Authorizer upon completion include: embedding the sensor in credit cards and cell phones to initiate financial transactions; using the sensor in point of sale terminals for purchasing retail products or cashing checks; embedding the Authorizer in vending machines to authorize purchasing products, and in automobile key fobs to gain access and set personal preferences.

About Cross Match Technologies, Inc.

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 150 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 ITOCHU

ITOCHU is one of Japan's leading trading companies with offices in over 80 countries and operations that cover a broad spectrum of industries. It is ranked 17th among the top 500 companies in the world. ITOCHU is listed on Tokyo Stock Exchange Tokyo Stock Exchange

Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai.
 with a current market capitalization Market Capitalization

A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap.
 of over US $7 billion. ITOCHU Management Consulting is a wholly-owned subsidiary of ITOCHU.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 21, 2004
Words:505
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