Word: identix
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Dates: during 2000-2009
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...handful, says Brian Ruttenbur, an equity research analyst for Morgan Keegan & Co., an investment firm based in Memphis, Tenn. "There's been a gold-rush mentality for years in the biometric space. The problem is, nobody's really found the gold yet." Three biometrics companies merged to form Identix, based in Minneapolis, Minn., which with $92 million in revenues is considered the world's leading biometric-security company. It is Cross Match's only U.S. rival for sales of the high-resolution, forensic-quality live-scan machines, which capture fingerprints with inkless optical-scanning technology and transmit them to central...
...Identix is on the cutting edge of the field of facial-recognition software, a technology that will play an important role in biometric photos to be embedded in U.S. passports and those of other industrialized nations over the next few years. Mexico is using the technology in national elections. Colorado vets driver's license applicants using similar software made by Digimarc ID Systems...
...Identix CEO Joseph Atick, a physicist who pioneered facial recognition in academia and then co-founded Visionics, which merged in 2002 with Identix, says the company's trademark software, FaceIt, is about to come out with a dramatic upgrade. Besides mapping the topography of the face, Atick says, the next-generation software will add a new dimension, skin texture, that will make the results far more accurate. "The canvas of the human skin is as unique as a fingerprint," he says. The software will map sectors of skin, noting the size and position of tiny features like pores. The result...
THUMBS UP Entrepreneurs have wasted no time in seizing the business opportunity created by the Florida chad debacle. On Capitol Hill last week, Identix and EDS demonstrated a voting system that works only after you've verified your identity with a fingerprint scan. Since most voters haven't been fingerprinted, the first users are likely to be the roughly 2.5 million military personnel whose prints are on file...
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