We are a technology company engaged in developing, integrating and marketing identity
authentication systems for various applications including mobile, handheld and
integrated systems for the government, military and commercial markets. Our products
include ID-Check, Retail ID™ and Age ID™ a patented technology that
instantly reads, analyzes, and verifies encoded data in magnetic stripes and barcodes
on government-issue IDs from U.S. and Canadian jurisdictions designed to improve
the customer experience for the financial, hospitality and retail sectors and
Defense ID® and Law ID™ systems, advanced ID card access control products
currently protecting military and federal locations.
We plan to expand our business in the near term by pursuing a strategy designed
to increase market share in our existing markets and expand into new product markets
that are expected to benefit from enhanced safety, regulatory compliance and fraud
prevention. For example, we have extended our technologies into online applications
to provide enhanced safety, regulatory compliance and fraud prevention for the
billions of transactions that occur online each day. We are also developing biometric
and other enhancements to several of our current product offerings.
We sold our wireless enterprise assets on August 31, 2015 to focus the Company’s
resources on our core identity authentication business.
We plan to leverage our intellectual property in the markets we are targeting
to strengthen our competitive position.
Our primary businesses include Identity Systems products, which include commercial
applications of identity card reading authentication and government sales of
defense security and identity card applications.
Our technologies address problems such as:
Commercial Fraud and Risk Management – which may lead to economic losses
to merchants from check cashing, debit and credit card, e-commerce as well as
other types of fraud such as identity theft that principally use fraudulent
identification documents as proof of identity;
Instant Credit Card Approval – retail stores use our technology to scan
a driver license at a kiosk or at the Point Of Sale (POS) and send the information
to a credit card underwriter to get instant approval for a loyalty-branded credit
card. This technique protects consumer data and is significantly more likely
to result in a completed transaction compared to in-store personnel asking customers
to fill out a paper form;
Unauthorized Access – our systems and software are designed to increase
security and deter terrorism at airports, shipping ports, rail and bus terminals,
military installations, high profile buildings and infrastructure where security
is a concern; and
Inefficiencies Associated With Manual Data Entry – by reading encoded
data contained in the bar code and magnetic stripe of an identification card
with a quick swipe or scan of the card, where permitted by law, customers are
capable of accurately and instantaneously inputting information into forms,
applications and the like without the errors associated with manual data entry.
Background on Identification Documentation
Driver license
The driver license is the most widely used form of government issued photo
identification in North America. The Real ID Act, which became federal law in
May 2005, recognizes that the driver license is also a quasi-identification
card. In addition to its primary function, the driver license is used to verify
identity for social services, firearm sales, check cashing, credit card issuance
and use and other applications. Our technology can read the electronically stored
information on all currently issued driver licenses (even those that do not
comply with the AAMVA/ANSI/ISO standards). Today, all 50 states, the District
of Columbia and all 13 Canadian provinces/territories electronically store information
on their driver license.
Non-driver identification card
Each U.S. and Canadian Jurisdiction also provides a non-driver identification
card as an alternative form of identification for those unable to acquire a
driver license. These identification cards are issued with most of the same
data found on a driver license. Military documents also provide a means of identification
and contain encoded data as well. Since driver licenses are the most widely
used form of legally acceptable government documentation, we refer to all these
identification documents as “driver licenses.” Our IDvCheck®
software can perform its function on all these forms of identification.
Current Challenges Associated with Verifying Identification Documents
The high-tech revolution has created a major problem for those who rely on
identification documents. In an age where scanners, computers and color printers
are commonplace, fake IDs of the highest quality are easily obtainable from
many locations including college campuses and from multiple sites on the Internet.
These fakes appear so real, even law enforcement agencies have encountered difficulty
distinguishing them from legally issued documents. Additionally, these high-tech
devices can easily alter properly issued ID. Therefore, anyone can gain access
to a false identity that gives them the ability, in a commercial transaction,
to present fake and stolen credit cards or checks that are supported by false
identification. Additionally, starting with only a fraudulent driver license,
an individual may be able to create multiple identities, commit fraud, buy age
restricted products such as alcohol and tobacco while underage, evade law enforcement
and engage in other criminal activities, such as:
committing identity theft; gaining entrance to high profile buildings
and sensitive infrastructures,
improperly boarding airplanes; engaging in medical fraud;
committing credit card, debit card and check cashing fraud; purchasing age
restricted products such as alcohol and tobacco while under age; and
illegally purchasing firearms; obtaining welfare or other government benefits.
unlawfully committing pharmacy fraud, including false narcotic prescriptions;
committing refund fraud;
Given the ease with which identification can be falsified, simply looking at
a driver license may not be sufficient to verify age or identity and determine
if it is fraudulent. Since merchants are facing significant economic losses
due to these frauds, we believe that a document verification system which can
accurately read the electronically stored information is needed. We possess
patented technology that provides an analysis of the data contained on the encoded
formats of these identification documents by reading and analyzing the encoded
format on the magnetic stripe or bar code on the driver license and comparing
it against known standards.