SOURCE: FaceKey Corporation

October 16, 2007 08:00 ET

FaceKey Part of Team to Provide Identification Technology-Based Device for American Soldiers

SAN ANTONIO, TX--(Marketwire - October 16, 2007) - FaceKey Corporation (PINKSHEETS: FEKY), the manufacturer of biometric-based security products utilizing fingerprint and/or facial recognition, announced today that FaceKey is part of Argon ST's team proposing a handheld miniaturized device providing multi-modal identification technology to support our soldiers.

Dr. Yevgeny B. Levitov, President of FaceKey, noted, "FaceKey is honored to be included as part of the team responding to a Department of Defense Request for Information (RFI) for the development of a tactical biometric device for our American soldiers. Part of FaceKey's role will be to supply Fingerprint Recognition, as well as Face Capturing and Face Recognition Technology for the miniaturized weapon. Face Capturing Technology quickly and efficiently selects faces the video camera sees, either while they are being recorded or from previously recorded video, and stores them in a database for later use. FaceKey will also be providing their Search and Match Advisor Technology which is able to identify facial images extracted from a video stream or from a watch list database.

According to Dr. Levitov, "Responding to this RFI provides FaceKey with an opportunity to utilize its Face Capturing and Face Recognition Technologies as well as its Search and Match Advisory Technology. It will also utilize FaceKey's Fingerprint Recognition Technology which is currently being used only in FaceKey's EntryGuard™ product line. EntryGuard™ is available for commercial and industrial markets to provide access control, time and attendance and muster stations for crisis management."

"Being part of this prestigious team, FaceKey anticipates, will draw the attention of developers for government and private markets to its portfolio of technologies and patents and lead to opportunities to collaborate in the deployment of Fingerprint and Face Recognition Technologies for new products. As an example, FaceKey is participating in the development of a product which integrates its fingerprint-based EntryGuard™ products to prevent ID fraud and credit card fraud in the bar and restaurant market. FaceKey technologies and patents are available for license to developers and manufacturers requiring the addition of an effective biometric component to their products. FaceKey's Software Developer Kit makes it possible to integrate FaceKey's products into existing products or new products to enhance their usability, add value and provide maximum profitability.

About Argon ST:

Argon ST (www.argonst.com) is a prestigious partner well known in government markets as being skilled in developing technology and products that help our soldiers. Lockheed Martin Coherent Systems International developed the response to the RFI and submitted the RFI to the Department of Defense. Just a few days after the Lockheed subsidiary, Coherent Systems International, submitted the response to the RFI to the Department of Defense, the Lockheed subsidiary was purchased by Argon ST.

About FaceKey Corporation:

FaceKey Corporation, a developmental stage company, has built a portfolio of patents related to fingerprint and/or facial recognition. Applications for both home and business include access control, accurate and reliable time and attendance systems, and crisis evacuation (muster) stations. The biometric technologies developed by FaceKey are available for licensing to other companies for integration into products that will provide Genuine ID™. Its products are sold through a network of distributors, dealers and system integrators worldwide. The company was co-founded by Dr. Yevgeny B. Levitov and Annette H. Starkweather in 1999 and is based in San Antonio, Texas. Watch for more exciting news in the coming weeks. For more information, call VUI Consulting at 866-730-9604.

Forward-Looking Statements:

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of FaceKey Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Contact Information

  • Contact:

    Please visit the Company's website:
    www.facekey.com

    Or for further information, contact:
    Guy Vinci
    VUI Consulting
    866-730-9604