FC: Facecam maker Viisage sees stock leap, offers free use to FBI

From: Declan McCullagh (declanat_private)
Date: Tue Sep 18 2001 - 09:22:13 PDT

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    From: rmsat_private (Richard M. Smith)
    To: "Declan McCullagh" <declanat_private>
    Subject: Yahoo - Viisage Technology Offers FBI Free Use of Face Recognition 
    Technology to Aid Investigation
    Date: Mon, 17 Sep 2001 14:33:43 -0400
    
    This Viisage press release just went across the wires.  Visage is
    feeling pretty happy today with their stock price having more than
    doubled.  However, I'm a bit confused how face scanning systems can help
    locate terrorist.  Terrorists aren't exactly lining up to have their
    pictures taken to be put in a photo database.
    
    Richard
    
      http://biz.yahoo.com/bw/010917/172450_1.html
    
    Viisage Technology Offers FBI Free Use of Face Recognition Technology to
    Aid Investigation
    
    LITTLETON, Mass.--(BUSINESS WIRE)--Sept. 17, 2001--Viisage Technology,
    Inc. (NASDAQ: VISG - news), the leader in face-recognition technology
    and identification systems and solutions that improve security and
    conveniently protect personal privacy, announced that it has offered the
    FBI free use of Viisage's face-recognition technology to aid in the
    apprehension or identification of the persons responsible for the
    terrorism in New York City and Washington.
    
    This offer was made in writing to the FBI and was disclosed on a CNET
    news interview Friday by Viisage President and CEO, Tom Colatosti.
    
    ``It is clear that the use of face-recognition technology can make a
    real difference in identifying terrorists. Our technology was used with
    great success at Super Bowl XXXV, where the security concerns were
    similar,'' said Mr. Colatosti.
    
    He went on to say, ``We are facing a national tragedy, unlike anything
    America has ever endured - our prayers and sympathies go out to all the
    families and friends of all the innocent victims. While there is now
    much interest in our technology, we in no way want to profit off the
    pain and death of our fellow Americans. While so many are so generously
    giving so much - thousands of relief volunteers working tirelessly
    around the clock, ordinary citizens donating food and blood, and
    Corporations giving financial gifts, we want to give what we are able to
    uniquely contribute.''
    
    Viisage Technology is the world leader in biometric face-recognition
    technology and identification systems and solutions that enhance
    consumer convenience, improve security and protect personal privacy.
    Originally developed at MIT, Viisage's patented, accurate, non-intrusive
    and cost-effective face-recognition technology is widely acknowledged
    for its unmatched performance including speed in real-time applications,
    scalability for managing large image databases, and systems integration
    for complete customer solutions.
    
    Viisage provides a full family of face recognition products.
    FaceEXPLORER(TM) is a powerful and scalable image retrieval and analysis
    database product, used to combat identity fraud -- it is implemented in
    the world's largest face recognition system with more than eight million
    enrolled images. FaceFINDER(TM), acclaimed for its processing speed, is
    the industry's most widely implemented surveillance and identification
    system -- it is installed in more than 80 casinos worldwide and has been
    deployed to improve security at premier sporting events. FaceNET(TM)
    provides secure authentication for PC, Internet and e-commerce
    connections. FacePIN(TM) offers consumers convenient and private
    verification for point-of-sale transactions such as ATMs. FacePASS(TM)
    is a practical security solution for keyless entry to secure facilities,
    such as offices, dormitories and government facilities. FaceTOOLS(TM) is
    a leadership Software Developers Kit that enables application providers
    the ability to develop and customize unique customer and market
    applications. 
    
    
    
    
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