ORLANDO, Fla. - March 1, 2016 (Investorideas.com Newswire) - Biometric Media alert for ID Global Solutions Corporation (OTCBB:IDGS) and its recent $9M acquisition of Fin Holdings.
On February 16th ID Global Solutions, a leading provider of Secure Biometric Identity and Electronic Transaction Solutions, announced its acquisition of FIN Holdings Inc. ("FIN") and its wholly owned subsidiaries, ID Solutions Inc. a Delaware Corporation specializing in field proven, cutting-edge biometric fingerprint software technology and algorithms, as well as Cards Plus SA, a South African company which provides unique secure credential products and solutions to government customers in Africa.
Planet Biometrics and BiometricUpdate.com Media Coverage:
February 16, 2016
ID Global Solutions acquires biometrics firm FIN Holdings for $9M
ID Global Solutions Corporation announced it has acquired biometric technologies firm FIN Holdings Inc. and its wholly owned subsidiaries for $9 million, which will be paid in the form of 22.5 million shares of IDGS common stock.
The acquisition builds on IDGS's current transaction security and financial inclusion platforms by adding highly accurate, fully integrated biometric fingerprint verification and backend matching capabilities.
Read the article in full at http://www.biometricupdate.com/201602/id-global-solutions-acquires-biometrics-firm-fin-holdings-for-9m
February 16, 2016
ID Global Solutions acquires FIN Holdings
Biometric identity and electronic transaction solutions firm ID Global Solutions has announced the acquisition of FIN Holdings and wholly owned subsidiaries.
These subsidiaries include ID Solutions, a Delaware Corporation specializing in biometric fingerprint software technology and algorithms, as well as Cards Plus SA, a South African company which provides unique secure credential products and solutions to government customers in Africa.
With the addition of the cards plus portfolio of physical cards and card personalization solutions, IDGS said it can now provide government and commercial customers with a complete solution for their identity programmes and financial payment systems.
Read the article in full at http://www.planetbiometrics.com/article-details/i/4153/desc/id-global-solutions-acquires-fin-holdings/
About ID Global Solutions Corporation (OTC: IDGS)
Secure Biometric Identity and Electronic Transaction Solutions
IDGS provides Secure Biometric Identity and Electronic Transaction Solutions enabling public safety, integrity and financial inclusion in a digital and mobile economy. Founded to pioneer innovative digital identification solutions, the Company is focused on addressing the growing need for highly secure and convenient methods for protecting consumers' digital presence during electronic transactions. www.IDGLOBAL.com
Thomas Szoke, President and CEO
Corporate Phone: (407) 951-8640
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