| I-CUBE (Integrated, Intelligent, Imaging (I3)) is a Systems Integrator and Value Added Reseller of face recognition and license plate recognition products. I-Cube provides distributors and resellers in the Casino, Retail, Mining, Weighbridges, Police, shopping center, Government, Metro, Golf Estate, Education, CAMPUS, visitor ID, PARKING and other fields with a single source for imaging products, including image analysis, imaging viewing stations, face recognition and license plate recognition, using a consultative selling approach. Click here for more information on these and other new technologies. FOR OUR LATEST SPECIALS: | |
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Putting a face on security Biometric software firm raises $17.5M A Tuckahoe company that recently received $17.5 million in private capital says the London bombings of the past month have sparked greater interest by private businesses into its biometric security hardware and software. CryptoMetrics sells facial and fingerprint-recognition technology used by government agencies specializing in law enforcement, immigration and border patrol, as well as private users intent on boosting security or limiting access to authorized employees. "We're working on a couple of things right now in terms of direct application. We're working with brokerage houses, financial institutions using both the fingerprint and the facial," said Robert Barra, chief executive officer of CryptoMetrics. "Private companies now want better security. We've been getting calls on that from malls, companies that have oil refineries or food silos. There's this tremendous urgency to move forward and deploy the proper security measures to ensure the safety of employees as well as the physical perimeters of their establishments." CryptoMetrics' award is one indication that interest in biometrics has increased of late. In June, Hewlett-Packard Co. introduced a new laptop with a fingerprint reader, and tech circles have been abuzz with talk that many Web sites will soon require access that goes beyond a password. Government agencies remain the majority of CryptoMetrics customers, accounting for 60 to 65 percent of business. Soon after the bombings, CryptoMetrics' chief strategy officer Joel Shaw flew to Great Britain to meet officials from there and neighboring countries. The company told the officials it can enhance the images seen on surveillance cameras, like those of the London underground that captured the bombing suspects. CryptoMetrics locates the center of a subject's eye sockets within the best forward-looking shot of a face within a video image, calculates how many pixels would be required to give the correct facial size, and maps out an enhanced image. The technology can be overlaid into existing security systems. The company's technology is already used by the British government, passport office and foreign commonwealth office, as well as the U.S. Special Forces and several nations in Europe and the Middle East. Another source of new government business will emerge over the coming year, as 188 countries including the United States begin using chips with facial recognition technology in new passports. CryptoMetrics' is awaiting word on several multi-million-dollar U.S. Defense contracts. And in Georgia, one county pared down its list of criminals by using the company's facial-recognition technology. Officials discovered that 20 percent of the 65,000 criminals were aliases or other identities for crooks already listed. The company says it will announce additional details soon on Georgia as well as a government contract recently signed in New Zealand. Barra spoke July 26, two weeks after the company announced the completion of its latest capital round, a $17.5 million private placement led by J.P. Turner and comprised of all new investors. The company received $1 million in its first financing round and $3 million in its second. CryptoMetrics will use the proceeds to hire key personnel, especially in sales and marketing roles; as well as develop new technologies and expand the company. The company has 60 employees between its Tuckahoe headquarters, the Ottawa offices of subsidiary BioDentity Systems Corp. and a smaller Washington, D.C., satellite office for demonstrations. CryptoMetrics will open a second satellite office later this year in New York City, and plans to open additional offices in England and California. Founded in 2000, CryptoMetrics acquired BioDentity last year after being impressed with that company's facial-recognition technology, and after concluding it stood a better chance of signing up government and private customers if it could offer both BioDentity's facial technology and its own fingerprint recognition products. Privately held CryptoMetrics won't disclose revenues.
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License Plate Recognition for a wide range of applications including Parking, Access Control, Logging all vehicles & alarm when Wanted Vehicles detected. Facial Identification & Verification Solutions Complete solutions, software only, SDK or rentals!
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