L-1 Identity Solutions Inc. (NASDAQ:VISG)
Industry: Technology
Viisage Technology, Inc. (Viisage), incorporated in 1996, is a provider of advanced technology identity solutions that enable governments, law enforcement agencies and businesses to improve security, reduce identity theft and protect personal privacy. The Company's solutions are specifically designed for the identification of people and include secure credentialing, biometrics, automated document authentication real-time identity databases, automated testing of identity and identity information, and biometrically enabled background checks, as well as systems design, development, integration and support services. In December 2005, Viisage acquired Integrated Biometric Technology LLC and the AutoTest division of Openshaw Media Group. In February 2006, it acquired SecuriMetrics, Inc. Secure Credentialing Viisage iA-thenticate is a document authentication system, which automatically captures, analyzes and processes travel and identity documents, such as passports, visas, Immigration & Naturalization Service (INS) immigration cards, driver licenses and military identification cards. It can also read document data and capture full-page document images. Viisage iA-thenticate uses an authentication process to perform its security checks automatically. Software applications for the Viisage iA-thenticate platform include Viisage iA-Examiner for resolving document review and alert events; TextWatch for comparing data from travel documents with a database of suspicious documents or travelers, based on fields or characteristics specified by the customer; DL-Alert for reading, interpreting and verifying the content, sequence and format of information encoded in the magnetic stripe and/or bar code of commonly used identity documents, such as drivers' licenses and military identification cards; Viisage iA-Verify for using sophisticated database queries to validate the issuance and biographic data read from drivers' licenses and other identification documents; Viisage iA-License, which is a database of United States and Canadian drivers' license information that resides locally or on a central database server, and Viisage iA-Passport, which is a database of passport/visa information that resides locally or on a central database server. Viisage PROOF integrates client and back-end software, the Company's automated document authentication reader hardware and biometric technology, as well as internal and external database queries, to create a consolidated system for the verification of an applicant's identity. Viisage PROOF evaluates aggregated information on identification documents and breeder documents, as well as a variety of additional data points, such as social security number and address verification, to produce a proofing confidence score that aids the credential issuing agency in the final decision about whether or not the candidate is allowed to proceed to the next phase of the identity solutions process or whether additional interviewing is required. This product is based on Viisage's data analytics algorithms. AutoTest is a Web-based testing engine for the delivery and administration of randomized identity and domain knowledge tests. This system provides additional intelligence of a person's claimed identity prior to receiving a driver's license or other secure identity credential. Testing is conducted through departments of motor vehicles and automated Web-based and kiosk applications. Biometric-Face Recognition IdentityTOOLS Software Developer's Kit is designed for application developers who want to incorporate face recognition technology into their applications. Using IdentityTOOLS, developers can create a variety of face recognition applications. IdentityTOOLS is based on flexible template matching that incorporates a combination of multiple approaches to face recognition. FaceEXPLORER is a large image database research and mining tool that provides the ability to reduce fraud and crime by identifying duplicate images in large databases, such as licensed drivers, benefit recipients and visa hold
As Of: 10/07 00:00 ET
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