|By Business Wire||
|May 23, 2014 07:46 AM EDT||
Intellicheck Mobilisa, Inc. (NYSE MKT:IDN), a global leader in identity solutions and wireless security systems, has obtained a U.S. patent for a system that allows users to compare information contained on two or more forms of ID cards. As Intellicheck Mobilisa’s 19th U.S. or foreign patent issued, it further strengthens the Company’s intellectual property.
The system’s components include a document reader that can identify various data fields from a driver’s license, passport, credit card, benefit card, military ID card, government-issued ID card or bank card. Specifically, the reader can identify the bearer’s first name, last name, middle initial or name, date of birth, social security number, driver’s license number, address, state of issuance of document, and date of issuance of the document.
Once the above data has been extracted from the first ID card, the system searches for similar fields on the second ID card. The two ID cards are intelligently compared field by field and the system provides a match/no match result or can provide an overall score using intelligent matching algorithms, that compare closeness to match and importance of field.
Nelson Ludlow, Ph.D., President and CEO of Intellicheck Mobilisa, said, “The problem of readily-available and high-quality fake IDs has caused retailers to incur fines, loss of tobacco and liquor licenses, and other forms of civil and criminal liability. To prevent this, sometimes two forms of ID are used to verify a person’s identity. Upon a visual examination, the documents may seem to hold identical data. However, the data actually encoded on the documents may be different. The system described by this new patent is designed to eliminate the uncertainty in comparing two or more forms of ID and more rigorously confirm the bearer’s identity.”
About Intellicheck Mobilisa
Intellicheck Mobilisa is a leading technology company providing wireless technology and identity systems for various applications, including mobile and handheld access control and security systems for the government, military and commercial markets. Products include the Fugitive Finder system, an advanced ID card access control product currently protecting military bases and secure federal locations; ID Check, a patented technology that instantly reads, analyzes, and verifies encoded data in magnetic stripes and barcodes on government-issued IDs, designed to improve the Customer Experience for the financial, hospitality and retail sectors; barZapp™, an ID-checking mobile app that allows a user’s smartphone to check an ID card. For more information on Intellicheck Mobilisa, please visit www.icmobil.com.
Cautionary Statement Regarding Forward Looking Statements
The statements in this press release that are not historical facts may constitute forward-looking statements including, without limitation, the statements regarding Intellicheck Mobilisa's proposed offering, that are based on current expectations and are subject to risks and uncertainties that could cause actual future results to differ materially from those expressed or implied by such statements. Those risks and uncertainties include, but are not limited to, risks related to general market conditions, development and product commercialization activities, and the success of its research, development and expansion of sales and marketing team, plans and strategies. These and other risks and uncertainties are identified and described in more detail in Intellicheck Mobilisa's filings with the Securities and Exchange Commission, including, without limitation, its Annual Report on Form 10-K for the year ended December 31, 2013, its Quarterly Reports on Form 10-Q, and its Current Reports on Form 8-K. Intellicheck Mobilisa undertakes no obligation to publicly update or revise any forward-looking statements.
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