Digital Persona Receives Investment from Intel and IDG Ventures, Readies U.are.U Fingerprint Recognition System for Market.REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif.--(BUSINESS WIRE)--April 28, 1998--Digital Persona, the Silicon Valley company dedicated to personal identification systems based on biometrics, announced today that it has closed a round of financing, with investments from Intel Corporation (company) Intel Corporation - A US microelectronics manufacturer. They produced the Intel 4004, Intel 8080, Intel 8086, Intel 80186, Intel 80286, Intel 80386, Intel 486 and Pentium microprocessor families as well as many other integrated circuits and personal computer networking and IDG IDG International Data Group IDG Integrated Drive Generator IDG Installation Design Guide IDG Internet Discussion Group IDG Inset Dielectric Guide IDG International Dangerous Goods (mail, shipping) Ventures. Digital Persona also announced it would help incorporate biometrics into the Common Data Security Architecture (CDSA CDSA, n.pr See comprehensive digestive stool analysis. ) specification, a widely supported security standard developed by Intel that enables secure, interoperable applications for Internet transactions. Digital Persona is readying the Windows 98 version of its award-winning U.are.U Fingerprint Recognition System for launch this July. Digital Persona's U.are.U Fingerprint Recognition system enables home and corporate computer users to conveniently and securely access any system or network with the touch of a finger. The U.are.U hardware includes a mouse-sized sensor that sits next to the keyboard and plugs into the Universal Serial Bus See USB. (hardware, standard) Universal Serial Bus - (USB) An external peripheral interface standard for communication between a computer and external peripherals over an inexpensive cable using biserial transmission. (USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. ) port. "This round of investment with Intel and IDG Ventures supports the potential for standard, low-cost biometrics security solutions," said Fabio Righi, 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. of Digital Persona. "We are happy to work with Intel to bring biometrics into CDSA. Demand for computer security is increasing rapidly and biometrics -- based on a unique human feature like a fingerprint -- is innately more secure than other approaches." Digital Persona's unique technology includes an innovative algorithm for fingerprint recognition and a number of biometrics hardware solutions. "We see a number of applications for biometrics technology going forward," said Kimberly Davis, IDG Ventures Partner. "We think Digital Persona's solutions are well suited for future development as well as for short-term success." "Biometrics security solutions like those offered by Digital Persona will help make people comfortable using their PCs for private transactions, such as sharing medical and financial information," said Jim Pappas, director of technology initiatives, Intel. "USB technology makes cost-effective security peripherals possible, allowing people to easily connect the peripherals to their PC." Digital Persona's U.are.U Fingerprint Recognition System software includes the U.are.U Recognition Engine, and the U.are.U Application Suite, a series of applications that make computer access and security faster and easier. The product will sell for under $200. Digital Persona was founded in 1996 by a combined group of Silicon Valley entrepreneurs and scientists who studied at Caltech and MIT MIT - Massachusetts Institute of Technology . The company's Science Advisory Board includes the world's leading experts in pattern recognition, machine learning, and artificial intelligence. The company will market its products in the direct, OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and , VAR, and retail channels in the U.S., Europe, and Japan. -0- Note to Editors: U.are.U and Digital Persona are trademarks of Digital Persona, Inc. All other trademarks are the property of their respective owners. CONTACT: Digital Persona Nancy Van Natta, 650/261-6070 |
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