Bioscrypt Expands 3D Facial Recognition at Swiss Bank

Card-free system simplifies employee access to facilities and reduces security costs


TORONTO, May 3 -- Bioscrypt Inc., a leading provider of enterprise access control technology, today announced the main integrator for Pictet & Cie, Swiss Interflex AG, a business of the Ingersoll Rand Security Technologies sector, is expanding the deployment of the Bioscrypt 3D facial recognition system at the bank.

The biometrics based system being implemented in Geneva is one-of-a-kind in the world. Interflex has delivered what Pictet & Cie, one of the renowned Swiss banks, wanted most - the installation of an access control system that operates completely without ID cards, keys or PIN technology to enable secure access for 2,100 employees to the bank's new building. Eliminating the risk of tokens and keys being lost, stolen or misused, Pictet & Cie's system uses biometric verification methods in a project that combines components supplied by unique specialists.

"The continued adoption and expansion of the Bioscrypt solution is a clear testament to the unparalleled combination of performance and ease of use that makes 3D face recognition an ideal technology for hands-free access control deployments," stated Robert L. Williams, President and CEO, Bioscrypt. "As what we trust to be the largest identification based biometric access control system in the world, we believe Pictet & Cie is raising the bar and becoming the model for authentication technology in the financial services industry."

Interflex integrates all the necessary components into a comprehensive security system operating on the IF-6020-Security software solution. Thus, face recognition controls not only access to the building, but also employee time and attendance records. Presently, there are 110 biometric 3D face recognition readers deployed for physical access control and time and attendance recording with potential for significantly more readers to be installed in the months and years ahead.

Bioscrypt's advanced 3D facial recognition system directs structured, invisible light onto a subject's face to create a facial grid of 40,000 measurable data points. The system performs multiple facial scans and comparisons against a database of stored images and corresponding data, performing accurate identification at sub-second speeds, from which authorized persons are confirmed for access. Bioscrypt's 3D facial readers secure entrance areas of the bank in combination with other security components of the installation.

Gunnebo Deutschland GmbH provides the speed gates that open within a split-second to grant access if an identified person is authorized. Upon completion of the project, speed gates will be installed on virtually all employee entrances/exits.

With the realization of this project that delivers complete, hands-free access without badges and keys, Pictet & Cie are established as pioneers and innovators of security concepts. The implementation of the project serves as evidence that biometric security not only represents a superior solution for high security applications, but that they are also suited to meet daily access control requirements. This project demonstrates the future of biometrics.

About Pictet & Cie

Founded in 1805 in Geneva, Pictet & Cie is today one of Switzerland's largest private banks, and one of the premier independent asset management specialists in Europe, with over CHF 390 billion in assets under management and custody as at end-March 2007.

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