SAFLINK Corp. Announces Contract with CSC to Deliver Combined Logical and Physical Access Control Design for Division of U.S. Department of Defense.Business Editors/High-Tech Writers BELLEVUE, Wash.--(BUSINESS WIRE)--Jan. 20, 2004 Cutting-edge solution to provide integration of video motion technology, 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 , and iris authentication SAFLINK(R) Corporation (Nasdaq:SFLK), a leading developer, marketer, and integrator of biometric security solutions, announced today that it has been selected by Computer Sciences Corporation (NYSE NYSE See: New York Stock Exchange :CSC (Card Security Code) A three- or four-digit number printed on the back of credit cards for security purposes. Called "Card Verification Value" (CVV) by Visa, "Card Validation Code" (CVC) by MasterCard and "Card Identification (CID) by American Express and Discover, ), a leading global information technology (IT) services company, to engineer CSC's integrated identification and tracking solution for a military research and demonstration initiative. The identification and tracking solution will demonstrate the integration of facial recognition, video object recognition and tracking, and iris biometric authentication See biometrics. for physical access control and classified workstation security within a group at the Department of Defense. The contract is part of an advanced biometrics test contract awarded to CSC valued in excess of $50 million. Multiple-phase project For the first phase of the project, currently underway, SAFLINK will provide the design and proof of concept model. This engineering phase is valued at approximately $150,000. Pending a successful completion of the first phase, a pilot implementation of the system will involve the deployment of pilot installations on Department of Defense tactical assets. The value of this phase is yet to be determined. Cutting-edge security This system is designed to eliminate traditional physical barriers -- such as walls and doors -- on tactical operating platforms within the Department of Defense. This innovative approach to physical security will use a fusion of 3D facial recognition in concert with advanced video object recognition technologies to create a "soft barrier" around the sensitive operating areas. The system will be designed to authenticate individuals crossing into a secure area, track those individuals within the secure perimeter, and authenticate them to secure workstations via iris recognition Iris recognition is a method of biometric authentication that uses pattern recognition techniques based on high-resolution images of the irides of an individual's eyes. Not to be confused with another less prevalent ocular-based technology, retina scanning, iris recognition uses . "CSC has produced a unique identity and tracking design by integrating multiple security technologies in a way that safeguards high security information and workstations without inconveniencing authorized system users," says Robert Turbeville, senior vice president for Physical Access Control Systems at SAFLINK. "Teaming with a company like CSC gives SAFLINK the opportunity to engineer innovative solutions to complex access control problems." "This project with CSC is just one example of the benefits SAFLINK achieved by our recent purchase of the physical access security technology from the Biometric Solutions Group announced on December 29, 2003," said SAFLINK 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. Glenn Argenbright. "That technology allows us to provide an integrated physical and logical biometric security solution in unique environments -- a capability that we simply didn't have prior to the acquisition." About SAFLINK SAFLINK Corporation, a leading provider of integrated enterprise security systems, provides cost-effective software solutions that verify individual identity, protect intellectual property, secure information assets, and eliminate passwords. These solutions are designed to safeguard and simplify access to computer networks, applications, and physical facilities. For more information, please see the Company's website at www.saflink.com or call 800-762-9595. About CSC Founded in 1959, Computer Sciences Corporation is a leading global IT services company. CSC's mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology. With more than 92,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in ; applications software development; Web and application hosting; and 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 . Headquartered in El Segundo El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif., CSC reported revenue of $13 billion for the 12 months ended Oct. 3, 2003. For more information, visit the company's Web site at www.csc.com. NOTE: "SAFLINK," "SAFsolution," and "The Power of Biometric Authentication" are registered trademarks of SAFLINK Corporation. "Protecting your enterprise through secure authentication See authentication token and SecurID card. " 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 security 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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