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Essar Group Selects Bioscrypt V-Smart(TM) Biometric Physical Access Control Readers

23 November 2005

Honeywell Building Solutions (HBS), a Division of Honeywell Automation India, to Install Readers at One of India's Largest Corporate Houses. Bioscrypt Inc. (TSX: BYT), a leading provider of identity verification technology, today announced that Essar Group has selected Bioscrypt's V-Smart readers with MIFARE support to strengthen access control to restricted areas. Honeywell Automation India Ltd. was awarded the project and will be installing the technology. "Having provided superior biometric access control technology to numerous Honeywell projects around the world, Bioscrypt continues to demonstrate its leadership position. Our ability to include Bioscrypt readers in our security system proposals assures us we are putting forward the most advanced biometric readers available," said Sandeep Vij, Regional General Manager, Honeywell Building Solutions, Honeywell Automation India Ltd. "The Essar Group, one of India's largest organizations, provides us a strong reference to assist in winning additional business in the region." "The ability to maximise the large sales and integration resources of our channel partners allows us to win international business that would not be possible otherwise," said Robert L. Williams, President and CEO, Bioscrypt. "As demand for biometric access control solutions continues to grow, our history of working with world renowned organizations will extend our market leadership in providing biometric physical and logical access control technology." About Essar Group The Essar Group is one of India's largest corporate houses with interests spanning the manufacturing and service sectors in both old and new economies: steel, oil & gas, power, telecom & BPO, shipping and constructions. The Group has an asset base of US$4.4 bn and a turnover of over US$2.08 bn. Strategic investments made by the group over the past decade have resulted in the creation of tangible and intangible assets that are at the heart of the Indian economy. The Group takes pride in being a high-performance multinational organisation, providing world-class services and products. Manned by a highly efficient and dynamic team of employees, the Group is growing stronger every day. A committed corporate citizen, the group provides unwavering support to the community as well as initiates various social and ecological drives that have a positive impact on society. For more information, visit the Essar Group Web site at http://www.essar.com/index.htm. About Honeywell Automation India Limited Honeywell Automation India Limited (formerly Tata Honeywell Ltd) set up in 1988 in India, is a leading supplier of industrial automation and control solutions to core industries including Petrochemicals, Refinery, Oil and Gas, Mining, Metals, Life Sciences and Power Generation that drive India's growth. HAIL solutions improve productivity, provide peace-of-mind by delivering cutting edge automation solutions, equipment and services, provide comfort in work environments and ensure safety of home and business premises. Honeywell Automation India Limited also provides remote engineering services to Honeywell's North American Engineering Centre, and European divisions. For more information, visit http://www.honeywellautomationindia.com. About Honeywell Building Solutions (HBS) Honeywell Building Solutions (HBS) is India's largest Comfort, Safety & Security Solutions Provider. For over 15 years, it has been providing HVAC Control Solutions, Fire Safety Solutions, Security Solutions (Access Control & Video Surveillance), Integrated Solutions, After Market Services & Performance Contracting Solutions. For more information, visit http://www.hbs-india.com. About Bioscrypt Inc. Bioscrypt Inc. is a leading provider of identity verification technology. The Company's solutions combine the convenience of touch with the high security of fingerprint-based biometrics for simple and secure access to facilities, equipment and information. Using the "bioscrypt on board(TM)" brand, the Company offers packaged products, OEM components and software licensing to leading security solution manufacturers and integrators worldwide for physical, wireless and network security applications. Among the many leading edge companies and partners using Bioscrypt technology are the U.S. Army, NASA, American Express, the New York Police Department, Kronos, NATO, Continental Airlines, Intel, Atmel, HID Corporation, Honeywell and Northern Computers. Bioscrypt's patented technology is interoperable with leading fingerprint sensors and is both platform and operating system independent. Bioscrypt is traded on the Toronto Stock Exchange under the symbol BYT. For more information, visit the Bioscrypt Web site at http://www.bioscrypt.com. Forward-looking (safe harbour) statement Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes", "plans", "expects" or "intends" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. Bioscrypt Inc., Bioscrypt and V-Smart are trademarks of Bioscrypt Inc. All other trademarks or registered trademarks referenced herein are properties of their respective owners.


Source: PR Newswire


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