SOURCE: Dynamic Biometric Systems, Inc.

October 15, 2008 15:38 ET

Dynamic Biometric Systems, Inc. Announces Bio-Pen Used for AS9100 and ISO 9001 Certification

Bio-Pen Satisfies Section 508 Requirements

PHOENIX, AZ--(Marketwire - October 15, 2008) - Dynamic Biometric Systems, Inc., (PINKSHEETS: DYBO), a Nevada corporation (the "Company"), announced today that its Bio-Pen and related LockBox software were successfully used by Seattle Lighthouse (The Lighthouse for the Blind, Inc.) to pass the audit criteria for the document release authorization for AS9100 (International Aerospace Quality Standard) certification. AS9100 is based on ISO 9001 (Quality Management Systems Requirements) with additional requirements necessary to address both civil and military aviation and aerospace needs. The Seattle Lighthouse is a private, not-for-profit agency providing employment, support, and training opportunities for people who are blind, Deaf-Blind, and blind with other disabilities. The Seattle Lighthouse currently employs over 300 individuals and had 2007 revenues of $38 million, $8 million of which is from their service contracts with Boeing Aerospace. Kirk Adams, the Seattle Lighthouse CEO who is blind, and all staff members (some are sight and hearing impaired) were able to use the DynaSig Bio-Pens and LockBox software to successfully fulfill the requirements of these certifications. The additional benefit of the Bio-Pen system is that the whole document release authorization process becomes totally electronic ("paperless"), streamlined and efficient.

The DynaSig system is fully compliant with "Section 508" of the Rehabilitation Act (29 U.S.C. 794d), which was amended by Congress in 1998, to require Federal agencies to make all their electronic and information technology accessible to people with disabilities. The law applies to all Federal agencies when they develop, procure, maintain, or use electronic and information technology.

The Bio-Pen hardware (a patented biometric pen and security token) combined with the Dynamic Signature software and Private Lock Infrastructure concept (patents pending) provide a set of flexible biometric authentication solutions that enable the authorizing signature to be applied to a document and verified regardless of the signer's sight capabilities. A Bio-Pen can plug into any computer using a USB port. The signer only has to register and be verified by the institution once; after that their biometric template is "in the system" to be utilized for all future authentications.

The Company is continuing its activities selling to various agencies servicing the government and is presenting the Bio-Pen products directly to the Department of Homeland Security, the Department of Defense, the Department of Agriculture and the IRS. The Company is also continuing its general commercial efforts with document management systems prevalent in Healthcare, Finance and local Governments and with its prior sales initiatives in the U. S., Germany, the United Kingdom and Korea.

About DBSI

The Company currently trades on the Pink Sheets under the symbol DYBO. Information on the Company including current financial information is available on the Company's web site www.dynasig.com. Peacock, Hislop, Staley & Given (www.phsg.com), a Phoenix, Arizona broker dealer, sponsored the Company for trading and is active in making a market in the common shares of DYBO. Since 2003, DBSI has been developing proprietary hardware (the "Bio-Pen") and its proprietary software to allow for the verification of dynamic signatures (together the "DynaSig System"). This highly sophisticated system captures the unique act of signing rather than the signature image. DBSI has developed multiple solutions including full electronic authentication combined with actual signature capture for both on-line and off-line applications. DynaSig software: Log Book, PDF Sign and Lock Box are used for access control and electronic document management. These applications work individually or as a suite with different features including verification of sender and recipient, access and document execution by multiple verified signers, content validation, and a permanent logbook of access. DBSI's office is located at 14647 S. 50th St., Suite 130 Phoenix, AZ 85044 and its phone number is (480) 705-9110.

Forward Looking Statements. Certain matters discussed within this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be attained. Such statements are inherently uncertain, and actual results and activities may differ materially from those estimated or projected. Certain factors that can affect the Company's ability to achieve its anticipated results include, among others, uncertainties inherent in the development of a new business and limited capital. Further factors affecting future performance are detailed in the Company's 10-K and 10-Q on file with the SEC and in the Company's unaudited but detailed financial information on its website. Due to changes in auditors, the Company has allowed is SEC filings to go delinquent but expects to cure such delinquency in the next several months.

Contact Information

  • FOR MORE INFORMATION CONTACT:
    Michael S. Williams
    Chairman of the Board
    480-759-9400, x100