Neotel International Inc.
TSX VENTURE : NIT

Neotel International Inc.

May 30, 2005 08:30 ET

Neotel Announces Dynamic Ideogram Capture and Authentication System

MARKHAM, ONTARIO--(CCNMatthews - May 30, 2005) -

Patent for System employing Advanced Biometrics to Identify and Authenticate Users

Neotel International Inc. (TSX VENTURE:NIT) announced today it was granted a Canadian patent on application #2,296,208 for a new identity capture and authentication system that will provide enhanced security for individuals and corporations. The Dynamic Ideogram Capture and Authentication System analyses an individual's signature or symbol, no matter what the language, something unique to each person, as it is being signed to provide identification and authentication. This proprietary biometrics-based technology and security process enrolls and authenticates the identity of the individual, on the device, before generating an encrypted key that can be added to a wide range of devices and applications such as credit, debit, ATM, health cards, passports, networks, applications and access control devices.

In the present world of the internet, global communications, e-commerce, information technology and the physical infrastructure, the areas of security and biometric solutions have been severely overlooked. This is evidenced by the increasing occurrences and gravity of personal and corporate fraud related to identity theft, such as credit and debit card transactions, as well as financial losses inflicted on many mission critical business applications. Neotel has patented the Dynamic Ideogram Capture and Authentication System, a biometrics-based ideogram technology for providing identification and authentication of the individual. "The Neotel identity authentication system will provide governments, corporations and individuals a more robust solution than offered by present day single sign on and two factor authentication implementations through the use of its biometrics-based security technology, that validates you indeed are, who you say you are." according to Howard Phee, President and COO, Neotel International.

ABOUT NEOTEL

International Inc. is a provider of enterprise information technology, security, privacy and biometrics identification products and services to organizations, governments and healthcare agencies. Additional information about Neotel is available at http://www.neotel.ca.

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Contact Information

  • Neotel International Inc.
    Howard Phee
    President
    (905) 948-9229 ext. 22