Category: Investment, Mobile Security, Technology
Biometric/ Mobile Security Stock NXT-ID, Inc. (OTCQB:NXTD) Launches Pilot Program for Palm Bay , FL Police Department
Company's 3D FaceMatch(TM) Biometric Identification Systems to Be Used for Law Enforcement Identification and Verification
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Shelton, CT - August 23, 2013 (Investorideas.com mobile payment stocks newswire) NXT-ID, Inc. (OTCQB:NXTD), a biometrics company focused on the growing m-commerce market announces that its wholly owned subsidiary, 3D-ID, LLC commenced a pilot program with the Palm Bay, FL Police Department to evaluate its 3D FaceMatch™ biometric facial recognition identification systems.
The identification management systems leverage unique and patented FaceMatch™ 3D technology that precisely senses shape at up to a million points on a face without using lasers or projected patterns. This individually unique shape information is compressed into a small 3D biometric template containing a complete 3D shape signature of that individual face. This shape signature is rapidly compared to other templates in a database. Unlike 2D recognition methods where performance is highly variable depending on scene lighting, head pose, facial expression, eyewear, facial hair and cosmetics, FaceMatch™ templates and performance remains invariant over an extremely wide range of imaging variables. This enables reliable, scalable, and convenient face recognition solutions.
The system is being used at Palm Bay to enroll inmates into local detention centers, creating a 3- dimensional database that can be used in the future to potentially identify persons of interest. Inmates that are released will also have their identities verified through 3D facial recognition to prevent the inadvertent release of the wrong individual.
The pilot program is expected to expand to include more law enforcement agencies connected to 3D-ID's BioCloud™ to improve identification of previously enrolled (booked) individuals from multiple law enforcement agencies searching from a common 3D database. Further expansion is expected to include capture of faces from surveillance cameras, video, and from mobile devices using 3D-ID's MobileBio™ technologies under development.
John Blackledge, Deputy Chief of the Palm Bay Police Department, said, "3D facial recognition is an important technology innovation that will give law enforcement the upper hand in accurately and rapidly identify criminals. 3D-ID provides a new technology platform that allows law enforcement to make positive identification without the intrusiveness of conventional police methods."
Doug Muldoon, Palm Bay Police Chief, FBI-NA President, noted, "Our partnership with NXT-ID in 3D facial recognition is yet another opportunity to become more efficient and effective in fighting crime."
NXT-ID is a leader in biometric-based identity management and access control systems. Its product line offers cost-effective solutions for facilities access and control, inmate population management, identity management and border control. NXT-ID advanced biometric tools achieve excellent facial recognition performance using 3D camera technology, along with advanced 2D-to-3D conversion algorithms, and sketching systems that significantly simplify composite sketching with powerful 3D morphing technology.
About NXT- ID Inc. - Mobile Security for a Mobile World
NXT-ID, Inc.'s (OTCQB: NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms. NXT-ID’ wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/
Forward-Looking Statements for NXT-ID
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
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