Irvine, CA, April 22, 2002 – CardLogix, a leading smart card company, today announced it has formed a strategic partnership with Precise Biometrics AB of Sweden. The partnership integrates CardLogix smart cards with Precise Biometrics fingerprint readers for transaction and physical security applications. Precise Biometrics becomes a CardLogix Smart Partner, joining a worldwide network of smart card solution developers working with the CardLogix smart card platforms. CardLogix has incorporated the Precise Biometrics’ readers into their M.O.S.T. Toolz development product and is also incorporating Precise Biometrics’ Match-on-Card algorithms directly into the their M.O.S.T.™ card operating system. As part of the agreement, CardLogix is also re-selling Precise Biometrics readers.
The Right Combination for Secure Identification
This partnership combines the advanced encryption power of smart cards with the proven security of biometric verification. Using these technologies, a smart card stores a person’s fingerprint, which is an absolute and unique identifier. With each use of the card, the reader captures the user’s fingerprint and it is matched with the print stored in the card. Once that match is made, the card OS can proceed with other cryptographic or processing functions for user and system authorization.
Precise Biometrics’ Match-on-Card technology stores and executes all identification directly on the smart card, instead of relying on outside processing where data can be intercepted and misused. Transaction time is also faster, because data never leaves the card.
Development of systems that deploy these technologies has been streamlined with CardLogix’ M.O.S.T. Toolz, which includes the Winplex® API version 1.20 and the M.O.S.T. Toolz file creation utility. Together, they configure card system parameters to meet any requirement for access and security. A powerful 32-Bit API, Winplex®enables developers to link smart cards into larger distributed management systems, i.e. intranets or financial management systems without having to do low-level programming.
The rollout of technology from the partnership starts with immediate availability of CardLogix Winplex® version 1.20, which is provided as part of M.O.S.T. Toolz for $99 and includes sample source code for biometric applications. M.O.S.T. Cards will be fully integrated with Match-On-Card capability within the next 60-90 days.
About Precise Biometrics
Precise Biometrics is an innovative security company that supplies world-leading systems for authentication using fingerprints. The solutions supplied by the company replace keys, PIN codes and passwords. The company’s products are cost effective and provide security and comfort combined with top-class protection of personal integrity. The range includes systems for access control to computers and networks and for building into mobile and terminals, such as mobile phones and portable computers. The company headquarters are in Lund, Sweden. The company also has offices in Stockholm and a U.S. subsidiary in Washington, D.C. Precise Biometrics is listed on the O-list of the Stockholm Stock Exchange (symbol: PREC A). For additional information, visit precisebiometrics.com.
CardLogix develops smart card platforms for the secure transaction of data and value. The CardLogix smart card technology platform is the basis for innovative applications throughout the world in retail POS, healthcare, security, finance and entertainment. For more information, contact CardLogix at email@example.com and 949 380-1312.