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Nexus Group International: Acsys Biometrics Technology Is Part Of The Largest Biometric Project Awarded By A US agency, Totaling $51 Million USD.


Business Editors/High-Tech Writers

BURLINGTON, Ontario--(BUSINESS WIRE)--Aug. 25, 2003

US Agencies award contract to DynCorp to build full spectrum of

information technology resources built on Acsys' facial recognition Noun 1. facial recognition - biometric identification by scanning a person's face and matching it against a library of known faces; "they used face recognition to spot known terrorists"
automatic face recognition, face recognition


solutions and AND Corporation's HNeT(TM) technology

Acsys Biometrics Corporation, a leading edge provider of face recognition technology and a joint venture of Nexus Group International, (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:NXS) based in Ontario, announced today that the National Institutes of Health (NIH "Not invented here." See digispeak.

NIH - The United States National Institutes of Health.
), has contracted with DynCorp International DynCorp International[2] is a United States-based private military contractor (PMC) and aircraft maintenance company. DynCorp receives more than 96 percent of its $2 billion in annual revenues from the federal government.  LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a subsidiary of CSC, for a $51 million dollar (USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
) contract to provide a full spectrum of information technology services and products to federal agencies of 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.  based on Acsys Biometrics' face recognition software and AND Corporation's HNeT(TM) technology.

Acsys' partner DynCorp received the award from the National Information Technology Acquisition and Assessment Center (NITAAC NITAAC National Institutes of Health (NIH) Information Technology Acquisition and Assessment Center ), an agency of the National Institutes of Health (NIH). Acsys and AND are in the process of finalizing their contractual relationships with DynCorp (including their respective compensations), and expect to finalize contracts in the near future.

David Delaney, Director of Business Development said, "This award is a part of the largest biometrics contract ever issued by a US agency and we are pleased that our technology was instrumental in DynCorp being awarded this contract. DynCorp has been a loyal promoter of our technology domestically and internationally, -- our relationship with them strengthens our position with agencies of the U.S. government for biometric solutions."

"The U.S. government remains the largest potential buyer of biometric technology and we are thrilled to be recognized and selected for this landmark biometric contract. We look forward to integrating our core technology into this contract for the US government," said John Sutherland John Sutherland (born 1938) is an English lecturer, emeritus professor, newspaper columnist and author.

Now Emeritus Lord Northcliffe Professor of Modern English Literature at University College London, John Sutherland began his academic career after graduating from the
, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey.  of Acsys, and president of AND.

Acsys Biometrics is the leading provider of face recognition technology based on the worldwide-patented Holographic/Quantum Neural Technology (HNeT(TM)). FRS FRS
abbr.
Fellow of the Royal Society


FRS,
n “flexed rotated side-bent,” an osteopathic abbreviation used to describe vertebral position in cases of spinal dysfunction.
 is a unique, patented face recognition technology that uses biomimetics bi·o·mi·met·ics  
n. (used with a sing. verb)
The study of the structure and function of biological systems as models for the design and engineering of materials.
 -- a technology that mimics the analytical processes of the human mind by modeling the neural structure of the brain down to individual neural cell types, rather than relying on measurements for recognition.

About Acsys Biometrics

Acsys Biometrics is a joint venture between NEXUS Group International Inc. and AND Corporation, the owner and developer of the patented, proprietary Holographic/Quantum Neural Technology (HNeT(TM)). Acsys is the leading-edge provider of facial recognition through its exclusive worldwide license for face and speech recognition based on the core software - HNeT(TM) - with applications for the financial, manufacturing, security and medical sectors. NEXUS is a Burlington, Ontario-based, organization focused on leading-edge technologies with a primary focus on the security market. Its goal is to position itself as the leader in biometric technology and other advanced technology fields. NEXUS trades on the Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 as NXS. For more information, visit www.acsysbiometrics.com

About AND Corporation

AND Corporation is a leading R&D firm that has developed and commercialized a new technological field referred to as Biomimetic Intelligence. This technology models primary aspects of the brain, down to specific cell types and cell assembly structures. The underlying process is based upon a radically new form of artificial neural systems referred to as Holographic/Quantum Neural Technology (HNeT(TM)). Over the past 12 years, AND Corporation has developed software and hardware tools for integrating Holographic/Quantum based neuron cells into a wide range of applications. These areas extend from automated face identification systems for the security industry, to defense systems, to financial systems for banks and trading institutions.

About CIOSP CIOSP Chief Information Officer Solutions and Partners
CIOSP Common Inspection Onsite Software Package
2

The National Institutes of Health (NIH), National Technology Acquisitions and Assessment Center (NITAAC), through this procurement, intends to award multiple Indefinite Delivery, Indefinite Quantity (IDIQ IDIQ Indefinite Delivery, Indefinite Quantity (contracting/procurement) ) contracts for acquiring a wide range of Information Technology (IT) products, services and solutions for the Institutes and Centers of NIH and all other federal agencies.

Forward-Looking Statements

This news release may contain forward-looking statements about future operations, financial results, objectives and strategies of the Company. Forward-looking statements are typically identified by the words "believe", "expect", "anticipate", "intend", "estimate", "continue", "may", "will" and other similar expressions. These statements are necessarily based on estimates and assumptions that are inherently subject to risks and uncertainties, many of which are beyond the Company's control. Actual results may differ materially from those expressed or implied by such forward-looking statements.

Important factors that could cause actual results to differ materially from the Company's expectations include legislative or regulatory developments, competition, technological change, global capital market activity, interest rates and general economic and political conditions in Canada, North America or internationally. Readers are urged to consider these and other such factors carefully and not place undue emphasis on the company's forward-looking statements.

Unless otherwise required by securities laws, the Company does not intend or have any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Nexus Group International Inc.    Acsys Biometrics Corp.
399 Pearl Street Burlington,      399 Pearl Street, Burlington Ontario
ON L7R 2M8                        Canada L7R 2M8

AND Corporation
Toronto, Ontario,
Canada M5J 2H7
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 25, 2003
Words:837
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