SAN ANTONIO, March 22, 2005 (PRIMEZONE) -- FaceKey Corporation (Pink Sheets:FEKY), a biometrics technology provider that specializes in security and access control, announced that the Company has signed a Memorandum of Understanding Agreement with a security solutions provider to implement its multiple face tracking software engine in the provider's surveillance Digital Video Recorders (DVR).
"This agreement is a very positive development of FaceKey's face-tracking software as it gives us a specific platform in which to showcase our revolutionary biometric technology. The ability to program and integrate this technology specifically into a digital video recorder will greatly enhance the equipment's surveillance capabilities and increase the efficiency with which it operates," commented Yevgeny B. Levitov, Ph.D., President of FaceKey Corporation.
The security provider plans to initially implement FaceKey's face-tracking technology into its computer-based DVRs. Computer-based DVRs are one of two types of surveillance Digital Video Recorders, the other one being Embedded DVRs, where all application functions are embedded in firmware (software encoded on chips) of the recorder. FaceKey anticipates that upon the successful performance of their face-tracking technology in computer-based DVRs, that the Company will begin to incorporate the same capabilities in Embedded recorders as well.
About FaceKey Corporation
FaceKey Corp., headquartered in San Antonio, TX, is a biometrics technology provider whose mission is to provide supreme security measures for their customers by utilizing patented and proprietary biometric technologies that identify and allow access to authorized personnel. FaceKey's technology combines face and fingerprint recognition providing the highest level of security available, reducing fraud and providing better accountability. By combining these identification technologies, FaceKey's products are used for a wide variety of applications ranging from securing corporations' confidential areas and PC access to effectively monitoring time and attendance greatly reducing employee fraud.
For more information about the company please visit www.facekey.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing, and evaluation of products, and other risks detailed from time to time in the Company's filing with the Securities and Exchange Commission.