SAFLINK Security Solution Chosen By LA Firemen's Credit Union.
BELLEVUE, Wash.--(BUSINESS WIRE)--Sept. 26, 2002
Fingerprint-based Authentication Solution Designed to Help Protect
Sensitive Financial Information and Increase User Convenience
SAFLINK(TM) Corporation (OTCBB:SFLK), a leading developer, marketer, and integrator of biometric security solutions, announced it has been selected by the Los Angeles Firemen's Credit Union (LAFCU) to deliver a computer security system designed to provide LAFCU personnel with secure access to the company's computer network, protect sensitive financial information of the credit union's members, and help ensure compliance with the Gramm-Leach-Bliley Financial Modernization Act (GLBA) of 1999. SAFLINK is joined in this project by its value added reseller and integrator, Stirling Systems Group.
LAFCU's user authentication solution features technology and products from several SAFLINK partner companies, including Computer Associates' eTrust(TM) Single Sign-On (SSO) software and LifeView's FingerID(TM) fingerprint sensors. Stirling provided valuable on-site trial assistance, supporting the initial evaluation phase, as well as follow-on customization and implementation support.
SAFLINK's SAFaccess software product, which is ca smart certified with eTrust SSO, further simplifies and strengthens system logon procedures by replacing a user's passwords with a unique individual characteristic--his or her fingerprint. Coupled with LifeView's FingerID device, the solution significantly enhances user convenience, while implementing the security benefits provided by strong authentication.
"LAFCU is pleased to have SAFaccess at the heart of our new user authentication system," said George Kings, Vice President Information Services of the LAFCU. "This solution will make logon significantly easier for our employees, since they will no longer need to remember multiple passwords. Right now, each of our people needs to know as many as 10 passwords to access various applications, computers, and networks. SAFLINK's biometric system, coupled with eTrust SSO, will not only replace all those passwords with a single fingerprint ID, but it will also help us satisfy the security requirements of GLBA."
"GLBA mandates that financial institutions institute controls to insure the security and confidentiality of customer records and to protect this information against unauthorized access," said Walter Hamilton, Vice President of Business Development for SAFLINK Corporation. "LAFCU's solution is a reliable, cost-effective way to satisfy those requirements while making daily tasks a lot easier for credit union staff. We are pleased to be implementing their solution."
LAFCU's biometric solution is comprised of hardware and software designed to provide the company with a flexible biometric architecture:
-- SAFaccess, a biometric security solution that offers users the ability to choose from a variety of biometric technologies and select the one that best suits their needs. SAFaccess architecture supports more than 23 biometric hardware devices, enabling an enterprise to tailor their implementation to fit both their environment and their budget.
-- The FingerID device supplied by Lifeview Animation Technologies, Inc., a highly reliable fingerprint reader that attaches to a PC workstation through a USB (Universal Serial Bus) interface. FingerID utilizes silicon-based TruePrint(TM) finger image capture technology from AuthenTec, Inc.
About Stirling Systems
Stirling Systems Group is a solution integrator delivering not only product-specific expertise to implement automation software tools, but also years of 'tried and tested' best practices which are essential to guide the successful deployment and integration process for automating Security, Storage and Scheduling in today's demanding business environment. For more information, please see Stirling's website at www.stirlingsystems.com or call 303-417-1718.
SAFLINK Corporation brings "The Power of Biometric Authentication(TM)" to workstations and enterprise networks through biometrics. The Company provides cost-effective multi-biometric software solutions to verify individual identity, protect valuable information, 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 website at www.saflink.com or call 800-762-9595.
NOTE: "SAFLINK" and "The Power of Biometric Authentication" are trademarks 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 provisions under The Private Securities Litigation Reform Act 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 further develop SAFsolution and to successfully market and distribute its software products, its ability to devote research and development funds to continue development of SAFsolution Enterprise Edition and the ability to develop features to allow it to be installed at the enterprise level, 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, as well as other documents periodically filed with the Securities and Exchange Commission.
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|Comment:||SAFLINK Security Solution Chosen By LA Firemen's Credit Union.|
|Date:||Sep 26, 2002|
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