SOURCE: FaceKey Corporation

February 26, 2008 05:50 ET

FaceKey Corp. Increases Level of Disclosure to Investors

SAN ANTONIO, TX--(Marketwire - February 26, 2008) - FaceKey Corporation (PINKSHEETS: FEKY), the manufacturer of biometric-based security products utilizing fingerprint and/or facial recognition, announced today that a market maker has agreed to file a Form 211 with FINRA (formerly NASD). Completion of Form 211 was necessary to give the company added transparency for investors, and to make it more possible for brokerage firms to trade the stock. This is a benchmark accomplishment for FaceKey following approximately three months of diligent research by the company's principals. By supplying the documentation necessary to complete the Form 211, FaceKey has demonstrated that it desires to satisfy all applicable requirements of the Securities and Exchange Commission (SEC) Rule 15C2-11 as well as the filing information requirements of NASD Rule 6740.

The Pink Sheets currently has five categories for trading. Once the Form 211 is cleared by FINRA, the stock will trade on the "CURRENT INFORMATION" category which indicates the company intends to keep up-to-date information available on the Pink Sheets website for potential and current shareholders. This is an exciting step for FaceKey because it will enable the company to seek additional financing that is needed for promotion of their product line.

Annette H. Starkweather, Vice President of Operations and Business Development and the key company representative responsible for compiling the necessary documentation for Form 211, has expressed her belief that this step will move FaceKey to a new level of confidence for investors, and build a firm foundation for future growth.

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.

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.

For More Information Visit the Company's Website:

Contact Information

  • Contact:
    Guy Vinci
    VUI Consulting