Biometrics & Technology Sector Leaders Briefing: NXT-ID, Intel, Sony, Facebook, Dell<6758.T>
Biometrics & Technology Sector Leaders Briefing: NXT-ID, Intel, Sony, Facebook, Dell
The FBI has spent more than $1 billion on its Next Generation Identification program, which includes Biometrics - facial-recognition technology
CORAL SPRINGS, Florida, September 6, 2013
CORAL SPRINGS, Florida, September 6, 2013 /PRNewswire/ --
Today, FinancialNewsMedia.com reports on Product Launches, Corporate Happenings and News Updates for leading Biometric, Internet and Computer companies in the Technology Sector: NXT-ID, Inc. (OTCQB: NXTD), Intel Corp. (NYSE: INTC), Sony Corporation (NYSE: SNE), Facebook (NASDAQ: FB) and Dell Inc. (NASDAQ: DELL).
NXT-ID, Inc. (OTCQB: NXTD) Headline: Biometric Company NXT-ID, Inc. Launches Pilot Program for Palm Bay, FL Police Department. NXT-ID, a biometrics company focused on the growing no-commerce market, recently announced its whole subsidiary, 3D-ID, LLC, has commenced a pilot program with the Palm Bay, Florida Police Department to evaluate its 3D FaceMatch biometric facial recognition identification systems. The identification management system uses unique and patented FaceMatch 3D technology that precisely senses shapes. The comprised unique shape information is compressed into a small 3D biometric template with a 3D shape signature of the face and the face is then immediately compared to the other templates in the database.
The pilot program is expected to expand to include more law enforcement agencies connected to 3D-ID's BioCloud, which will improve identification of previously booked individuals from multiple law enforcement agencies searching from a common 3D database. Plans for expansion also include the capture of faces from surveillance cameras, video and from mobile devices using 3D-ID's MobileBio technologies currently under development. John Blackledge, Deputy Chief of the Palm Bay Police Department, said, "3D facial recognition is an important technology innovation that will give law enforcement the upper hand in accurately and rapidly identify criminals. 3D-ID provides a new technology platform that allows law enforcement to make positive identification without the intrusiveness of conventional police methods."
To read the entire press release, click on the following link: http://finance.yahoo.com/news/biometric-company-nxt-id-inc-131934486.html
NXT-ID is a leader in biometric-based identity management and access control systems. Its product line offers cost-effective solutions for facilities access and control, inmate population management, identity management and border control. NXT-ID advanced biometric tools achieve excellent facial recognition performance using 3D camera technology, along with advanced 2D-to-3D conversion algorithms, and sketching systems that significantly simplify composite sketching with powerful 3D morphing technology.
FNM's Spotlight Article on Today's Biometrics Technology: The future of technological surveillance is fast approaching - and we are doing far too little to prepare ourselves. Last week, thanks in part to documents that I and the Electronic Privacy Information Center obtained under the Freedom of Information Act, the American public learned that the Department of Homeland Security is making considerable progress on a computerized tool called the Biometric Optical Surveillance System. The system, if completed, will use video cameras to scan people in public (or will be fed images of people from other sources) and then identify individuals by their faces, presumably by cross-referencing databases of driver's license photos, mug shots or other facial images cataloged by name... ...The Department of Homeland Security is not the only agency developing facial-surveillance capacities. The Federal Bureau of Investigation has spent more than $1 billion on its Next Generation Identification program, which includes facial-recognition technology. This technology is expected to be deployed as early as next year and to contain at least 12 million searchable photos. The bureau has partnerships with at least seven states that give the agency access to facial-recognition-enabled databases of driver's license photos. Read the entire article at http://www.nytimes.com/2013/08/30/opinion/the-face-scan-arrives.html?_r=0
Intel Corp. (NYSE: INTC) is preparing to reveal a Pocket Avatars app for iOS and Android that will leverage facial recognition technology to allow its users to send messages through 3D avatars. The app will use the camera on a smartphone or tablet to track facial expressions while an individual talks. Based on the gathered information, the app will then map them onto an avatar. Avatars to choose from include cartoon characters, movie or TV personalities, famous athletes, musicians, team mascots or pets.
Sony Corporation (NYSE: SNE) has disclosed that its new platform, PlayStation 4, will include a camera with the ability to use voice navigation and facial recognition. The company will reveal further details about the technology at a later date, but consumers can expect similarties to Xbox's Kinect, which has the capacity to recognize voice commends and the faces of gamers.
Last week, Facebook (NASDAQ: FB) revealed its intentions to add most of its 1 billion-plus members' profile pictures to its facial recognition database. The move would improve its "Tap-Suggest" feature, which uses facial recognition technology to enhance the process of users tagging friends who appear in pictures posted on the social network. The technology works by identifying faces in recently uploaded pictures by comparing them to pictures users have already been tagged in.
Earlier this week, Dell (NASDAQ: DELL) announced improvements to its channel partner programs. The improvements include software-specific enhancements to its PartnerDirect program through four new software competencies, as well as near service provider and referral programs. The Dell PartnerDirect program has always eyed enabling and promoting hardware sales for Dell's partners. Beginning this past year, Dell has begun to execute an aggressive strategy to build scalable enterprise software offerings into its solution portfolio. Dell's software division is one of the largest software companies in the world, boasting a $1.2 billion business selling to 90 percent of Fortune 1000 companies world-wide..
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