Securics Licenses Biometrics Technology from CU

Securics Licenses Biometrics Technology from CU

Securics to develop technology that will verify identity while protecting privacy

Colorado Springs, CO – The University of Colorado Technology Transfer Office (TTO) has executed

an exclusive license agreement with Securics Inc., a Colorado Springs-based startup company providing

technology-based security solutions. The license agreement covers a portfolio of patents and software

designed to improve the accuracy of biometric software, as well as the groundbreaking BiotopeTM technology

(described below). The technologies were developed by Dr. Terry Boult at the University of Colorado at

Colorado Springs; Securics has continued to develop the technology, partnering with UCCS on multiple Small

Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants from the

National Science Foundation (NSF) and the Department of Defense (DOD). The multiple patent-pending

biometric technologies licensed, along with Securics’ internal developments, have been shown to significantly

improve facial recognition algorithms, especially for long-distance and non-cooperative subjects. Securics has

been selected by the US military to develop a long distance, outdoor, facial recognition system which will

incorporate Securics technologies.

“Dr. Boult’s research in biometric security has uncovered the limitations of the technology,” says Kate

Tallman, Director of Technology Transfer for the University of Colorado at Boulder and Colorado

Springs. “Securics will bring his ideas for privacy and security into the marketplace. We are pleased to see

this company launch and grow in Colorado Springs.”

Biometrics is the process of using unique, difficult-to-fake human physical or behavioral characteristics

to verify identity; fingerprinting is the earliest biometric technology. Other well-known biometric techniques

include retinal scanning and facial or voice recognition, while newer techniques use methods such as hand

geometry, iris recognition, keystroke dynamics, and facial thermogram. Biometrics is becoming increasingly

important in both military and civilian applications, ranging from surveillance to data security to point-of-sale

identity verification; however, current biometrics technologies are not foolproof, and stolen or forged biometric

data cannot be replaced.

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Securics’ BiotopeTM technology transforms biometric data into a secure token, which can then be

revoked and reissued in case of biometric identity theft. BiotopesTM have been developed for both fingerprint

and face biometrics, and have been shown to improve their accuracy while enhancing the privacy of the

users. The fingerprint BiotopeTM system has also been demonstrated with Java SmartCards, and has the

potential to solve some of the most fundamental issues in remote/web-based authentication. These devices

provide a crucial second layer of identity protection that must be in place before consumers will feel

comfortable relying on biometrics.

“Securics was formed to solve a significant problem in non-revocable biometrics: once biometrics are

compromised there is no canceling them — your privacy and security will forever be in question. Americans

should not have to trade privacy for security, and with Securics’ technology they can improve both,” states

Terry Boult, Securics founder and CEO.

About Securics

Securics combines its expertise in biometrics, imaging technologies, embedded systems, networking and

security to produce cutting-edge identification and verification systems. Securics has been selected by the US

military to develop a long distance, outdoor facial recognition system. Securics’ commercial sector efforts

focus on biometrics-based identification/verification technologies with built-in privacy protection. The

company’s patent pending technologies can be used to create Biotopes™, cryptographically secure revocable

identity tokens. These combine user and/or company “public key” data with biometric data to form an identity

token, which can be revoked if compromised. Biotopes protect today’s biometric systems from future

obsolescence. Founded in 2004, Securics is a privately held corporation headquartered in Colorado Springs,

Colorado. For additional information, visit www.securics.com.

About the Technology Transfer Office

The CU Technology Transfer Office pursues, protects, packages, and licenses to business the intellectual

property generated from research at CU. The TTO provides assistance to faculty, staff, and students, as well

as to businesses looking to license or invest in CU technology. For more information about technology

transfer at CU, visit www.cu.edu/techtransfer.

About the University of Colorado

The University of Colorado is a three-campus system with campuses in Boulder and Colorado Springs, and a

Denver and Health Sciences Center campus located in downtown Denver and at the Anschutz Medical

Campus in Aurora. CU is a premier teaching and research university, ranked sixth among public institutions in

federal research expenditures by the National Science Foundation. Academic prestige is marked by CU’s four

Nobel laureates, seven Mac Arthur “genius” Fellows, 18 astronauts, 19 Rhodes Scholars and CU-Boulder’s

ranking of 11th best public university in the world by the Institute for Higher Education. For further information,

please visit http://www.CU.edu.