Oak Hill, VA (PRWEB) July 10, 2012
Jon Shaw, CEO of Passfaces™, announced that it has signed a strategic partnering agreement with WTG New Technology Corporation. The new agreement provides government agencies – particularly those focusing on national security, financial records and healthcare – access to Passfaces patented, secure authentication technology.
Dr. Lawrence Fedewa, Chairman and CEO of WTG New Technology stated that, “Passfaces offers an innovative and proven verification technology for secure logon which easily integrates with existing security systems. By making this technology available to government agencies and contractors, we are expanding the use of a cyber security system to a user community that is extremely concerned about potential compromises of sensitive information. Passfaces' pending GSA schedule will facilitate acquisition and contribute to a new standard of secondary authentication for government agencies as specified by the Office of Management and Budget."
Shaw said, “Passfaces has had multiple approaches from both agencies and contractors, but we have discovered that expertise in government acquisition and procurement is a necessity for doing business in this area. This partnership will help us accelerate our presence in government markets by working with a well known team of professionals that has an exceptional track record in government contracting.”
Shaw added that much of the interest shown by agencies has been generated by new and planned moves to cloud computing which has increased the emphasis on more secure access for storing, processing and publishing sensitive information.
Passfaces is an information security technology company based in Oak Hill, VA. The Company was founded in 2000 to commercialize an innovative, patented strong authentication technology that leverages the brain’s innate cognitive ability to recognize human faces. Passfaces™ products offer business, financial services, government, healthcare and OEM customers a fully scalable, reliable and cost effective, authentication solution that supports business risk management objectives and compliance requirements and is preferred and trusted by users. For additional information and to demo Passfaces technology, see: http://www.passfaces.com or, contact: Jon Shaw, CEO phone: 410-925-0962, e-mail: jon.shaw(at)passfaces(dot)com.
About WTG New Technology Corporation
WTG New Technology Corporation is a technology transfer firm, specializing in introducing technologies USA sponsored R&D and private US and international firms to government and industry. Its goal is to help the US government "do more with less" in view of the looming deficit and economic challenges facing the country in coming months and years. WTG specialties are: 1) cyber security, 2) secure access to property and equipment, including port security, and 3), biomedical technologies for hospitals medical and support personnel, and disaster relief. For additional information, see http://www.wtgnewtech.net, http://www.wtg.passfaces.com or, contact Dr. Fedewa, at: l.j.fedewa(at)wtg(dot)net.