News Releases
FOR IMMEDIATE RELEASE
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Symtron
Technology and I/O Software Announce Licensing
Deal |
Symtron and I/O Software Offer
a Convenient and Reliable Biometric Authentication
Method
Symtron Technology Inc., a leading biometrics
solution provider in the security market, today
announced a licensing agreement with I/O Software
Inc., a leading developer of information security
software solutions. I/O Software and Symtron Technology
have worked together to integrate Symtron's FaceOn?
face recognition technology and I/O Software's
standard biometric application interface (Biometric
Application Programming Interface, BAPI) and its
security software SecureSuiteR together to expand
markets for OEM, IHV, and PC manufacturers requiring
biometric authentication software for computer
security using facial recognition.
MicrosoftR has acquired I/O Software's
Biometric API (BAPI) technology and SecureSuiteR
core authentication technology to provide users
with a higher level of network security based
on a secure and reliable personal authorization
method. MicrosoftR intends to have biometrics
authentication integrated into next versions
of Windows OS. Users of Windows, will benefit
from authentication services, secure biometric
data storage and a common user interface for
biometric-enabled applications. According to
Fenn's research, 15% of Fortune 1000 companies
will adopt biometric logon for information access
purposes (network logon, laptop protection,
and so on).
Frost & Sullivan predicts the
generated revenues of U.S. User Authentication
Device Market will reach $65 billion by 2012.
The revenues of biometric technology were $5.4
billion in 2006. With the price reduction of
peripheral units, the biometric market is poised
for a breakthrough to meet the expected growth
in 3 years. The estimated biometric revenues
will reach 46 billion by 2010. Comparison of
biometric devices, price of camera is lower
than that of finger scanner, the prevalence
of face recognition will be more optimistic
than that of fingerprint and voice recognition.
The integration of SecureSuiteR
and FaceOn? allow PC users to log on to their
computers and conduct secure e-commerce transactions
using face recognition instead of a password.
By combining their technologies, Symtron and
I/O Software have given users another convenient
choice of authentication alternatives to passwords.
With FaceOn? and SecureSuiteR technologies,
users of Windows will benefit from a higher
level of security and authentication services
and a much more personal and comfortable authentication
process.
''The technical barriers make Symtron
excels among the other biometric R&D companies.
The core technology of face-on biometrics that
Symtron embraces makes him one of the best partners
I/O works with. I/O Software is excited about
our relationship with Symtron, which brings
a new biometric authentication solution to personal
computing," said William Saito, President
and CEO of I/O Software, Inc. " Facial
Recognition promises a convenient and secure
alternative to passwords, providing PC users
with higher levels of both security and ease
of use. I/O Software will continue to work closely
with Symtron to offer a reliable and intuitive
product."
"Our technology complements
I/O Software's solution and we are excited to
have established a relationship with I/O Software,"
said Dr. Alan Yeh, President of Symtron
Technology. "Face recognition is well suited
to replace passwords and PINs because your face
cannot be forgotten, lost, stolen, and shared
with others. At the same time, FaceOn? is a
reliable alternative to give users both convenience
and benefits in the authorization process. We
expect face recognition applications will encounter
widespread use within the next few years and
are pleased to be allied with I/O Software to
bring convenient security to the mainstream."
FaceOn? enhances the security
of computer and network systems by requiring
the user's identity to be verified with face
recognition. All users have to do with FaceOn?
is to look into the lens of a camera. The authentication
process easily registers the user's face as
an access key. The FaceOn? product line includes
FaceOn PC Suite for user authentication and
file protection, and FaceOn? SDKs for developing
solutions in verification, identification, and
surveillance.
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