DALLAS, TX, July 18, 2006 â€“ AXCESS International Inc. (OTCBB: AXSI), a leading provider of Radio Frequency Identification (RFID) solutions and Real Time Location Systems (RTLS), announces the installation of their ActiveTag RFID physical computer asset protection solution at AudioTel Corporation, a leading provider of software for financial institutions. AudioTel chose AXCESS for the high security implementation following a qualification process based on five best practices related to its managing and securing of critical computer assets which hold financial data. In addition to enabling best-in-class customer service, the AXCESS solution helps comply with federal and state laws which necessitate the development of an IT best practice in the organization for managing computer assets and the notification to individuals if personal privacy data may have been compromised.
AudioTel specializes in software, back-office and retail banking platform solutions for financial institutions. The firm services over 1,000 financial institutions with payment processing including digital, image-based solutions as well as web hosting for remote banking. The firm chose AXCESSâ€™ ActiveTag solution because it wanted an automated way to provide visibility, accountability, and increased security for data pertaining to institutional and retail banking customers.
â€We are committed to providing our customers the best security service possible. This has been achieved while enjoying the benefits of automation and organizational efficiency that is now available through the latest in technological innovation,â€ commented Rick Stadel, Senior Vice President and Chief Operating Officer of AudioTel. â€œWe believe AXCESSâ€™ unique RFID solution exceeded our needs in combining five distinctive best practices into one comprehensive implementation, including management, control, security, and accountability of all computer hardware and media. The end result is that we now have a more systematic process to provide the highest level of control which ensures that all customer account information remains secure.â€
The installation for AudioTel enables tracking vehicle, personnel, and assets using active RFID technologies. The system utilizes a common software platform which provides real time, labor free information, automated control, and security. The integrated system ensures that security rules are followed, such as AudioTelâ€™s existing â€œtwo-man ruleâ€ which now uses RFID badges to verify that two authorized personnel perform data back-ups of transaction and records within data storage facility. In addition to the tracking of personnel and required work assignments intended to maximize the preservation and integrity of customer information, the data storage tapes are secured with AXCESS FOB tags to ensure the proper personnel are in the room and managing the tapes.
â€œThe evolution of institutions into the current data centric business environment necessitates a corresponding evolution of IT security solutions in concert. An electronic, automatic asset management and protection solution is the only way to have true real time visibility into the status of computer hardware and the records residing there,â€ commented Allan Griebenow, President & CEO of AXCESS International Inc. â€œAudioTel was proactive in implementing a state of the art and comprehensive security and data management system for the protection of its most important asset â€“ its customers.â€