From: believer@telepath.com Subject: IP: Biometrics: SAC Tech: Complete Electronic Security Solution Date: Wed, 16 Sep 1998 12:02:58 -0500 To: believer@telepath.com Source: PR Newswire http://www.prnewswire.com SAC Technologies Showcases Complete Electronic Security Solution Company To Unveil Next Generation Biometrics Technology Prototype Product at Security 2001 Conference NEW YORK, Sept. 16 /PRNewswire/ -- SAC Technologies, Inc. (Nasdaq: SACM), a biometrics technology development company, today announced the Company will unveil a manufacturing prototype of its fully integrated solution for electronic security applications through biometrics identification technology at the September 16-17, 1998 Westergaard/Mallon Security 2001 Conference in New York. "A recent survey by the American Society for Industrial Security noted that losses due to intellectual theft have reached almost $300 billion," according to SAC CEO Mr. Barry Wendt. "Computer security is a major concern with electronic commerce, Internet transactions, on-line banking and security in general. Unlike other security measures such as PIN numbers, passwords or tokens which can easily be lost, stolen or forgotten, biometrics technology is based on an individual's physical characteristics, such as a fingerprint, so it requires the physical presence of an authorized user." SAC Technologies, Inc. plans to introduce the next evolution of its SACcat(TM) product at the two-day investment conference. Bundled with 'best of breed' biometrics technology consisting of fingerprint identification, voice verification and facial recognition, SACcat(TM) features software applications of computer log-on, screen-saver, and desktop security and configuration. Additional integrated software applications will include Bio-Key(TM) secured video teleconferencing and video e-mail and SAC_Secure(TM) for selectively encrypting program applications, data files and network communications using Certicom Corp.'s elliptic curve engine. At the heart of SAC's biometric identification technology is the Company's "Vector Line Type" Algorithm (VLTA) considered by some to be the most robust, reliable, scaleable and discriminating algorithm available today. VLTA represents a true paradigm shift from current industry minutiae-based methods of storing and analyzing fingerprints. VLTA processes the entire pattern of the fingerprint to derive a list of vector line types and their associated relationships. These unique characteristics of the fingerprint are subsequently transformed into a vector line type mathematical model or Bio-Key(TM), which is highly unique and easy to process for comparative purposes. Unlike biometric verification (one-to-one matching) processes produced by its competitors which require an additional identifier (pin number, token or password), SAC's technology provides for true, real-time identification (one-to-many) -- the process of comparing the biometric characteristics of an unknown individual against characteristics stored in a database to determine their identity. SAC's certified biometric identification technology can provide the necessary discrimination to determine the identity of a user and thereby insure the integrity of an application by eliminating the possibility of 'aliases' (multiple identities). SAC is the first, and currently remains the only, company in the world to earn the International Computer Security Association's (ICSA) biometric 'identification' certification. "This latest version of the SACcat(TM) product is a 'turn-key,' cost-effective hardware and software biometrics security and convenience solution for individual computer workstations and networks," said Mr. Wendt. "We believe that SACcat(TM) is an ideal complement to computer network security suites provided by such companies as Network Associates, Secure Computing, Check Point and Security Dynamics." "Within a year from now I am convinced that consumers will be asking whether biometrics security is included in their information systems and computer applications. Companies who do not add biometric security to their product offerings will lose market share. Compaq, one of the world's largest providers of PCs, will have a biometrics peripheral product available this fall. Other computer providers could gain competitive advantage by negotiating an exclusive license with the Company to manufacture, embed and distribute SACcat(TM) technology," added Mr. Wendt. Companies interested in SAC Technologies' SACcat(TM) biometric security solution should contact Mr. Barry Wendt at 708-798-9777 or for more information on the Company check out its website at http://www.sacman.com. Safe Harbor Statement Statements contained herein, other than historical data, may be forward-looking and are subject to risks and uncertainties including, but not limited to the Company's ability to successfully integrate its technology with other technologies, and its ability to achieve its sales and marketing plans while effectively managing costs and expenses, as well as those risks set forth in the Company's 10KSB, 10QSB, and other SEC filings. SOURCE SAC Technologies Web Site: http://www.sacman.com ©1998 PR Newswire. ----------------------- NOTE: In accordance with Title 17 U.S.C. section 107, this material is distributed without profit or payment to those who have expressed a prior interest in receiving this information for non-profit research and educational purposes only. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml ----------------------- ********************************************** To subscribe or unsubscribe, email: majordomo@majordomo.pobox.com with the message: (un)subscribe ignition-point email@address ********************************************** www.telepath.com/believer **********************************************