Purdue Employees Federal Credit Union Selects SAFLINK Software for Second Biometrics Security Rollout.Business Editors/High-Tech Writers BELLEVUE, Wash.--(BUSINESS WIRE)--July 8, 2003 Employee Fingerprints to Replace Passwords for Accessing PEFCU's Network Resources SAFLINK(R) Corporation (Nasdaq:SFLK), a leading developer, marketer, and integrator of biometric security solutions, announced today that Indiana-based Purdue Employees Federal Credit Union is deploying SAFremote Authenticator The device in an authentication system that physically allows or blocks access to the network. It is typically an access point in a wireless system or a network access server (NAS) in a dial-up system. See 802.1X and authentication. (TM) software as part of the organization's continuing biometrics security rollout. PEFCU PEFCU Publix Employees Federal Credit Union PEFCU Purdue Employee's Federal Credit Union plans to install SAFLINK software and fingerprint sensors at 150 workstations. Using SAFremote Authenticator, PEFCU employees and board members can replace passwords with fingerprints for network log-on. By substituting this unique physical characteristic for an alphanumeric alphanumeric (ăl'fən mĕr`ĭk) or alphameric (ăl'fəmĕr`ĭk), the set of letters and numbers. password, the financial institution increases its network security and further safeguards its members' sensitive financial data. PEFCU is the first organization to select SAFremote Authenticator to run in a Novell(R) edirectory network. SAFremote Authenticator is designed to enable biometric sign-on for secure roaming sessions and remote access to network resources within the Citrix(R) MetaFrame(R) and Citrix Nfuse(R) environments. The security system will be implemented and supported by Indiana reseller Roeing Corporation. In 1997, PEFCU became one of the first financial firms in the country to use fingerprint identification technology. Its self-service kiosks, located at all PEFCU locations, incorporated SAFLINK technology to enable credit union members to scan their fingerprints to unlock and access personal accounts. "Since our initial experience with SAFLINK's software was a positive one, we have a lot of confidence in selecting its SAFremote Authenticator product for use within PEFCU's internal network," noted Gail Koehler, Vice President of Technology & Retail Delivery, Purdue Employees Federal Credit Union. Bill Arnold, PEFCU's Information Technology Manager, added, "Through the kiosk deployment, we learned that a fingerprint is much more convenient for our customers than a PIN and an ATM card An ATM card (also known as a bank card, client card, or cash card) is an ISO 7810 card issued by a bank, credit union or building society. Its primary uses are: "Many credit unions have small IT departments that are faced with enormous demands, so the user-friendly aspect of our products takes on an added importance," said Greg Jensen, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. of SAFLINK. "Features such as our self-enrollment wizard for users make SAFLINK solutions easy to install, further improving their ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). . And as an added benefit for our clients in financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , our products help achieve compliance with the Gramm-Leach-Bliley Financial Modernization Act (GLBA GLBA Gramm-Leach-Bliley Act of 1999 (Financial Modernization Act of 1999) GLBA Gay and Lesbian Business Association GLBA Great Lakes Booksellers Association GLBA Glacier Bay National Park and Preserve ) of 1999, which mandates additional controls to ensure the security and confidentiality of customer records." About SAFLINK SAFLINK Corporation brings "The Power of Biometric Authentication See biometrics. (R)" to workstations and enterprise networks through biometrics. The Company provides cost-effective multi-biometric software solutions to verify individual identity, protect intellectual property, secure information assets, and eliminate passwords. These solutions are designed to safeguard and simplify access to electronic systems and online services. For more information, please see the Company's Web site at www.saflink.com or call 800/762-9595. NOTE: "SAFLINK" and "SAFsolution" are registered trademarks of SAFLINK Corporation. "The Power of Biometric Authentication" is a trademark of SAFLINK Corporation. This release contains information about management's view of the company's future expectations, plans and prospects that constitute forward-looking statements for purposes of the 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. provisions under 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. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with the company's financial condition, its ability to sell its products, its ability to compete with competitors and the growth of the biometrics market as well as other factors that are discussed in the company's 424(b)(3) Prospectus filed with the SEC August 16, 2002 as amended and supplemented, and in its Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , as well as other documents periodically filed with the Securities and Exchange Commission. |
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