Technest Recognized With 2006 Frost & Sullivan Biometrics Technology Innovation of the Year Award for Its Pioneering Security Application, SureMatch 328 January 2006
Frost & Sullivan's 2006 Technology Innovation of the Year Award in the field of biometrics for security applications goes to Maryland-based Genex Technologies, Inc., a subsidiary of Technest Holdings, Inc. (OTC Bulletin Board: TCNH). The company has been recognized for its introduction of a novel suite of facial recognition tools that utilize three dimensional feature analyses, a technology that comes in response to a wake of continuous security problems. Each year Frost & Sullivan presents this Award to a company that has carried out new research, which has resulted in innovations that have or are expected to bring significant contributions to the industry in terms of adoption, change, and competitive posture. This Award lauds the quality and depth of the company's research and development program as well as the vision and risk-taking that enabled it to undertake such an endeavor. "Facial recognition systems offer a passive, non-intrusive way of tracking people by operating from a distance unlike the rather obtrusive and apparent iris and fingerprint verification systems," says Frost & Sullivan Research Analyst Amreetha Vijayakumar. "However, the major disadvantage with many existing facial recognition technologies is that the software is chiefly driven by parameters that include the surrounding lighting condition, aging, expression, and pose." In these systems, the probe image is the image captured during the authorization session and the enrolled image is the one that is saved in the application database. During the authentication process, the probe image and enrolled images are compared before the system grants permission for further access. If the software detects even the slightest difference in the probe image due to the parameters such as aging and lighting condition, the probability of system failing is quite high. To circumvent the problems associated with the existing two-dimensional systems, Technest developed SureMatch 3D, a software suite of high performance facial recognition tools. This suite encompasses tools that can add 3D enhancements to the captured 2D photographs (3D FaceMap(TM)), capture and process 3D facial images (3D FaceCam(TM)), and perform matches on 2D, 3D, and combined 2D/3D data (3D FaceMatch(TM)). One specific tool can even change to create any face using powerful 3D morphing technology (3D SketchArtist(TM)). 3D SketchArtist(TM) stands to impact the Law Enforcement market by providing Law Enforcement professionals with the world's first 3D face sketching tool that can change virtually any feature of the face including noses, hair, and even expressions. Integrated together, these tools provide a capability to normalize probe and enrolled images to improve the accuracy of recognition in difficult environments. At the core of the SureMatch suite lays Technest's proprietary recognition engine, 3D FaceMatch(TM), which can be easily integrated with legacy systems to handle both 2D and 3D face image data. "SureMatch 3D introduces variations in the lighting conditions, expressions, poses and is able to create dozens of images of a single 2D photograph," says Vijayakumar. "This software ensures that the underlying enrolled image database is rich enough to handle different limitations posed with the earlier systems as well as handle new emerging 3D sensor inputs of the future." In recognition of Technest's development of the breakthrough 3D facial recognition software and system, which shows the potential to significantly strengthen authentication for high security applications, Frost & Sullivan is proud to present the company with the Award for Technology Innovation. Held in Phoenix, Frost & Sullivan's Information & Communications Technologies Awards Banquet honors world-class companies for contributing innovative developments to the industry, as well as companies yielding breakthrough technologies in a variety of fields within the information and communication market. An annual event, the banquet recognizes the quality and merit of distinguished individuals and companies that deliver unparalleled insight on the industry, products and services. About Technest, Genex Technologies Technest, Inc. and its operating subsidiaries, EOIR Technologies Inc. and Genex Technologies Inc., endeavors to provide a world-class integrated portfolio of solutions for the Homeland Security, DOD and INTEL marketplaces. The company offers its customers the following highly differentiated products and services: remote sensing technology products and services, complete solutions for three-dimensional imaging and display, intelligent surveillance, and three-dimensional facial recognition to the United States Department of Defense ("DOD") and various other United States Intelligence Agencies ("INTEL"), educational and medical institutions and private commercial entities. For more information, visit http://www.technestholdings.com . Genex Technologies, Inc. was purchased by Technest in February 2005. Nationally recognized as a leading R&D company, Genex has developed a variety of products and technologies in areas critical to defense and intelligence ranging from 3D facial recognition to remote intelligent sensing and surveillance. For more information, visit http://www.genextech.com . Contact: David Tunnell 321.676.4560 Tunnell@Genextech.com About Frost & Sullivan Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com . Contact: Stacie Jones 210.247.2450 Stacie.jones@frost.com
Source: prnewswire
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