DDSI to Distribute APT's HoloPass Fingerprint Scanner.Business Editors FAIRLESS HILLS, Pa.--(BUSINESS WIRE)--Sept. 14, 2001 Digital Descriptor (1) A word or phrase that identifies a document in an indexed information retrieval system. (2) A category name used to identify data. (operating system) descriptor Systems, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : DDSI DDSI Directorate of Defense Services Intelligence DDSI Didemethylsecoisolariciresinol DDSI Divorce, Drugs, and the Slipping Image (book) ) announced today that it has agreed on a distribution agreement with Advance Precision Technology, Inc. (PINK SHEET: APRE APRE Air Procurement Region, Europe ), that allows DDSI to bundle the HoloPass(TM) Fingerprint Reader with the DDSI Fingerprint Matching Software. "This will round out our product offerings and allow us to provide a complete solution and package to our customers," stated Garrett Cohn, President of DDSI. Under the terms of the agreement, DDSI will market HoloPass(TM) to its law enforcement clients for use with the DDSI FMS FMS - Flexible Manufacturing System (factory automation). applications. Advance Precision Technology, Inc., holds seven patents and is a pioneer in the development of hologram See holographic storage. technology for use with fingerprint capture devices. "We are quite pleased with the test results obtained by DDSI in comparing the HoloPass(TM) with competitive products," stated Hunepohl. "This should allow DDSI products to outperform their competitors by giving them better matching due to the high quality of print received from HoloPass(TM). About DDSI Digital Descriptor Systems, Inc. sells its products primarily to the criminal justice market. With products installed in over 750 sites in 46 states in the U.S., Europe, South America, Canada, Mexico and Bahamas, DDSI is clearly a leader in its industry. The company currently provides its customers in the law enforcement field with a suite of imaging products that make their job of solving crimes easier, known as the Compu-Capture Line. DDSI is also preparing to enter the explosive bio-metric industry with the launch of two new products; FMS (Fingerprint Matching System) and Compu-Scan 3000, the world's first "contact-less" fingerprint capture device. FMS is the world's most advanced and first hardware independent matching software available for government agencies and is fully scalable. Compu-Scan is awaiting FBI certification and has received high interest levels when presented at industry trade shows. These new products will help give the law enforcement community and others the latest technology available in the crime solving and identification industry. About APT Advanced Precision Technology, Inc. developments, designs, manufactures, licenses, and markets holographic See holographic storage. fingerprint identity verification products for one-to-many and one-to-one identity verification systems. 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. Provision This document may contain forward-looking statements relating to future events, such as the development of new products, the commencement of production, or the future financial performance of the Company. These statements fall within the meaning of forward-looking information as defined in 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. These statements are subject to a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, economic, competitive, governmental, and technological factors affecting the Company's markets and market growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. , products and their rate of commercialization, services, prices and adequacy of financing, and other factors described in the Company's most recent annual report on Form 10-KSB filed with the Securities and Exchange Commission, which can be reviewed at http://www.sec.gov . The Company undertakes no obligation to update, amend, or clarify forward-looking statements, whether because of new information, future events, or otherwise. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion