Evermedia Biometrics Completes Joint Venture Agreement With Nations ID
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NEW YORK, NY, Apr 29 (MARKET WIRE) --
Evermedia Biometrics, a wholly owned subsidiary of The Evermedia Group,
Inc. (PINKSHEETS: EVRM) has finalized its joint venture agreement with
Nations ID to develop multimodal Match on Card (MOC) applications. This
announcement follows the Letter of Intent signed earlier this year on
April 3rd.
MOC is the process of sending biometric characteristics such as a
fingerprint and/or an iris image from a recognition device to a card that
has embedded in it encrypted templates of such characteristics. The
templates are stored only on the card and not on a database. If the card
is lost or stolen, it will be rendered useless as it requires the
accompanying fingerprint and/or iris image to be effective.
The objective of this joint venture is to develop next generation ID cards
for military and government agencies who require the highest levels of
authentication and verification. There are several vulnerabilities that
can be eliminated if biometrically enabled forms of ID are used for
physical access control, such as entry onto a base or building. The
multimodal format not only conforms to already stated goals of the
Department of Defense but also gives end users the latest in access/denial
technologies. The development of the MOC applications will also implement
already known and yet to be announced standards from ISO, NIST, ANSI and
other standard setting organizations.
"About 9 years ago, the military imbedded smart chips to the Common Access
Card, which is the primary ID card used by all uniformed and civilian
members of the DOD community. We want to make these smart cards even
smarter. We can enable the current cards with much more meaningful data
and at the same time generate an authentication protocol that would be
virtually impossible to spoof," said Jonathan Sym, CEO of The Evermedia
Group and its subsidiaries. "Along with Nations ID, we will work with
other organizations and individuals who will contribute their expertise in
this area of research. We have already identified potential teaming
partners to assist in this effort and look forward to starting our joint
venture."
About Evermedia Biometrics
Evermedia Biometrics Corporation, a wholly owned subsidiary of The
Evermedia Group, Inc., develops iris recognition applications using
proprietary and patented technologies for the purpose of creating physical
and logical access control solutions to service the ID management and
security concerns of commercial and government enterprises.
Safe Harbor Statement:
Certain Statements in this press release constitute "forward-looking
statements" within the meaning of the Private Securities Litigation Reform
Act of 1995. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the actual results,
performance or achievements of the company to be materially different from
any future results, performances or achievements express or implied by
such forward-looking statements. The forward-looking statements are
subject to risks and uncertainties including, without limitation, changes
in levels of competition, possible loss of customers, and the company's
ability to attract and retain key personnel.
Contact:
For additional information:
Evermedia Biometrics Corporation
Email: info@evermediabiometrics.com
Visit: http://www.evermediagroup.com
Copyright 2009, Market Wire, All rights reserved.
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