Sonoma to Take Stake in Biometric Security Corp.
Page 1 of 1
Sonoma Resource Corp., soon to be known as Biometric Security Corp., signed an agreement to acquire 45% of Biometric Identification Inc., which is developing fingerprint authorization and verification technology.
Sonoma is investing $5 million (U.S.) in the venture. Arete Associates will own the remaining 55%.
Meanwhile, BioId CEO Bob Kamm announced that his Sherman Oaks, CA-based firm is collaborating with Hayward, CA-based Key Source International, to integrate BioId silicon sensor fingerprint verification technology into Key Source computer keyboards.
"Prior to the development of our Veriprint 1000/1100 (V1000/1100) technology, fingerprint solutions were based solely on optical imaging technology and required a PC for template storage and processing," Kamm said. "By integrating our technology into their product line, Key Source will be able to offer keyboards with the highest network security, and electronic commerce capabilities."
Key Source's new line of biometric keyboards will be introduced at the Comdex show in Las Vegas in November. The line will include a keyboard with a built- in smart card and biometric verification unit.