Bioscrypt Selected as Algorithm Provider
10/15/01
BIOSCRYPT INC ("BYT-T") ATMEL CORP ("ATML-Q") - Bioscrypt Selected as Algorithm Provider - For Atmel's FingerChip(TM) Sensor
Bioscrypt Inc., a leading provider of biometric authentication solutions announced that Atmel(R) Corporation, a leading developer of micro-sensor technology for the fingerprint authentication industry will license Bioscrypt's pattern fingerprint recognition algorithm for use with its FingerChip(TM) biometric sensor.
Atmel has developed a patented method for imaging the entire fingerprint by "sweeping" the finger across the sensor. During sweeping, FingerChip(TM) captures several successive images allowing proprietary software to then reconstruct those images into a full fingerprint. This innovative method allows the sensor to be made smaller than the size of the finger, making it more cost-effective to manufacture. It is one-fifth the size of a postage stamp, resistant to harsh environmental conditions, needs no light optics, and is the least expensive silicon solution on the market.
"To date, the main barriers to mass deployment of biometrics within the wireless market have been the form factor and cost of sensor technologies. Bioscrypt and Atmel can now offer a cost effective solution without compromising advanced technological requirements and with minimal impact to the existing design of wireless devices such as PDA's and cellular telephones," said Pierre Donaldson, president and chief-executive-officer of Bioscrypt Inc. "With our goal of being the leading provider of biometric technologies to the emerging opportunities within the wireless access market, our agreement with Atmel positions Bioscrypt to be at the forefront of world wide adoption."
Bioscrypt uses a pattern recognition algorithm as the basis for its fingerprint authentication systems. This algorithm processes the entire fingerprint image, rather than simply selecting a limited number of tiny points. This means that pattern recognition algorithms are more robust as they are not significantly affected by the loss of information when a finger is scarred, damaged, or dirty. The strength and versatility of the pattern recognition algorithm has allowed Bioscrypt to develop extremely reliable authentication systems, as well as sophisticated key storage and retrieval algorithms.
"Bioscrypt performed with a high level of accuracy and consistency which is essential in making our sensor technology perform well for the end user," said Pierre Meunier, biometrics business unit director for Atmel Corporation. "The technology enables the user to log into your computer securely, get money from an ATM without your PIN code, open a car door and make purchases via your cellular phone. Any application you can imagine becomes possible."